Suspected Hackers Demand $70 Million to Restore Companies’ Data Affected by Cyberattack

A group of hackers suspected to be behind a cyber-attack which affected data of companies across the world is now demanding for a ransom of $70 million to restore the data. The hackers group posted the announcement on a dark web site.

This ransom demand was posted on a blog normally used by a Russia affiliated hacking group called REvil which is counted among most prolific cybercriminals across the world. The hacking group has an affiliate structure which makes it hard to determine who speaks on behalf of the group.

This ransomware attack as carried on last Friday, many cyber security experts are terming it as the most dramatic in a string of increasingly hacks.

In one of the affected cases, the hacking group hacked, a Miami based information technology firm Kayesa, breaching clients’ access to the platform and setting off a chain reaction that quickly paralyzed the computers of hundreds of firms worldwide.

An executive representative from Kayesa says the company is aware of the ransom demand but failed to disclose what move the company will take in regard to this matter.

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