Revil Ransomware: Hackers seek $70m to retrieve data

The cybercriminals belonging to REvil hackers suspected of being behind a revil ransomware devastating attack that knocked hundreds of businesses offline around the world have reportedly demanded $70 million in order to restore the data they are holding for ransom.

In a Ransomware hacking, Revil hackers have called for paying huge ransoms to restore the data of hundreds of businesses.

According to reports, the demand was posted on a site known as the “dark web” on Sunday. The gang of REvil hackers usually used this site, which cybersecurity specialists believe is behind the new hack as well as an attack on JBS, the world’s largest meat-processing firm, in May.

The gang of REvil hackers attacked the Kaseya remote IT management platform in last week’s revil ransomware hack. Hundreds of Kaseya customers in the United States, Canada, the United Kingdom, and around the world had their data locked, with some customers suffering as a result. Because of the incident, the Swedish grocery retailer Coop closed all 800 of its stores on Saturday.

The FBI and the Department of Homeland Security will “reach out to identified victims to provide help,” the White House declared on Sunday.

President Joe Biden, who has previously accused Russia of being behind similar assaults, told reporters that he is “not positive it’s the Russians” and is waiting for US intelligence services to conduct an investigation.

The US has already blamed Russia for a slew of cyberattacks on American infrastructure and commerce. Biden administration had sanctioned Russia in April, in part for its suspected involvement in the SolarWinds attack last year.

Even though Biden did not accuse Moscow of direct involvement in a cyberattack on the United States’ fuel supply in May, he did assert that Moscow carried “some responsibility” because the hackers were purportedly operating from a Russian-speaking country.

The US has also blamed Beijing as well. Microsoft said in March that it had caught Chinese “state-sponsored” hackers getting into its email systems, and cybersecurity specialists have accused the Chinese government of involvement in other attacks since then, including one on New York’s public transit system.

Moscow and Beijing have always denied any involvement in cybercrime allegations the United States leveled.

The Russian Embassy in Washington expressed hope on Friday that the United States will “abandon the habit of unsubstantiated accusations and focus on professional engagement with Russian experts to promote international information security.”