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Sophisticated Ransomware Attack on US Tech Firm Affects 1,500 Organizations

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the staff of the Ridgewood blog

Ridgewood NJ, a hacking group demanding $70 million infected the systems of a US information technology firm with ransomware over the Fourth of July weekend, impacting around 1,500 companies in at least 17 countries. REvil, the Russia-linked group behind another cyber attack on meat supplier JBS over Memorial Day weekend, took advantage of a software vulnerability to deploy this attack against Miami-based firm Kaseya. That software is sold to large managed service providers (MSPs), which assist small and midsize businesses, as well as local and state governments and agencies, in monitoring and controlling their computer networks.

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Apple targeted by Russian hacking group in $50 million ransomware attack

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the staff of the Ridgewood blog

Ridgewood NJ, Russian hacking group REvil is targeting Apple in a $50 million ransomware attack. The group stole engineering and manufacturing schematics from Quanta, a company that manufactures products for Apple. It has already begun posting the stolen data. REvil is hoping that Apple will pay the ransom by May 1. Quanta refused to pay the ransom, saying that the hack did not impact the company’s business operations. The result being a massive data leak implying its a legitimate threat  .