Beautiful Virgin Islands

Thursday, Oct 30, 2025

Hackers demand $70 million to restore data from hundreds of companies hit by cyberattack

Hackers demand $70 million to restore data from hundreds of companies hit by cyberattack

The cybercriminals believed to be behind a devastating attack that left hundreds of companies worldwide offline have reportedly demanded $70 million to restore the data they’re holding ransom.
The demand was posted on a ‘dark web’ blog on Sunday, Reuters reported. The blog is “typically used” by the REvil cybercrime gang, who cybersecurity researchers believe are responsible for the latest attack, as well as an attack in May on JBS, the world’s largest meat-processing corporation.

Last week’s attack targeted Kaseya, a remote IT management platform. Hundreds of Kaseya’s clients in the US, Canada, the UK and worldwide had their data frozen, with knock-on effects for customers in some cases. Swedish grocery chain Coop was forced to close all 800 of its stores on Saturday, as the attack had taken its cash registers offline.

The White House announced on Sunday that the FBI and Department of Homeland Security “will reach out to identified victims to provide assistance.” President Joe Biden, who has previously accused Russia of being behind similar attacks, told reporters that he is “not sure it’s the Russians,” and is waiting on the US’ intelligence agencies to investigate.

The US has previously blamed Russia for numerous cyberattacks on American infrastructure and commerce. The Biden administration sanctioned Russia in April, partly over its alleged involvement in last year’s SolarWinds hack. Even though Biden didn’t accuse Moscow of direct involvement in a cyberattack targeting the US’ fuel supply in May, he did insist that it bore “some responsibility,” as the hackers had allegedly been operating from a Russian-speaking country.

Blame has also been leveled at Beijing. Microsoft claimed in March that it had caught Chinese “state-sponsored” hackers breaking into its email servers, and cybersecurity researchers have accused the Chinese state of involvement in multiple attacks since, including one on New York’s public transportation network.

Moscow and Beijing have consistently denied US accusations of cybercrime involvement.

In a statement on Friday, the Russian Embassy in Washington expressed hope that the US would “abandon the practice of unfounded accusations and focus on professional work with Russian experts to strengthen international information security.”
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
UK and Vietnam Sign Landmark Migration Deal to Fast-Track Returns of Irregular Arrivals
UK Drug-Pricing Overhaul Essential for Life-Sciences Ambition, Says GSK Chief
Princesses Beatrice and Eugenie Temporarily Leave the UK Amid Their Parents’ Royal Fallout
UK Weighs Early End to Oil and Gas Windfall Tax as Reeves Seeks Investment Commitments
UK Retail Inflation Slows as Shop Prices Fall for First Time Since Spring
Next Raises Full-Year Profit Guidance After Strong Third-Quarter Performance
Reform UK’s Lee Anderson Admits to 'Gaming' Benefits System While Advocating Crackdown
United States and South Korea Conclude Major Trade Accord Worth $350 Billion
Hurricane Melissa Strikes Cuba After Devastating Jamaica With Record Winds
Vice President Vance to Headline Turning Point USA Campus Event at Ole Miss
U.S. Targets Maritime Narco-Routes While Border Pressure to Mexico Remains Limited
Bill Gates at 70: “I Have a Real Fear of Artificial Intelligence – and Also Regret”
Elon Musk Unveils Grokipedia: An AI-Driven Alternative to Wikipedia
Saudi Arabia Unveils Vision for First-Ever "Sky Stadium" Suspended Over Desert Floor
Amazon Announces 14 000 Corporate Job Cuts as AI Investment Accelerates
UK Shop Prices Fall for First Time Since March, Food Leads the Decline
London Stock Exchange Group ADR (LNSTY) Earns Zacks Rank #1 Upgrade on Rising Earnings Outlook
Soap legend Tony Adams, long-time star of Crossroads, dies at 84
Rachel Reeves Signals Tax Increases Ahead of November Budget Amid £20-50 Billion Fiscal Gap
NatWest Past Gains of 314% Spotlight Opportunity — But Some Key Risks Remain
UK Launches ‘Golden Age’ of Nuclear with £38 Billion Sizewell C Approval
UK Announces £1.08 Billion Budget for Offshore Wind Auction to Boost 2030 Capacity
UK Seeks Steel Alliance with EU and US to Counter China’s Over-Capacity
UK Struggles to Balance China as Both Strategic Threat and Valued Trading Partner
Argentina’s Markets Surge as Milei’s Party Secures Major Win
British Journalist Sami Hamdi Detained by U.S. Authorities After Visa Revocation Amid Israel-Gaza Commentary
King Charles Unveils UK’s First LGBT+ Armed Forces Memorial at National Memorial Arboretum
At ninety-two and re-elected: Paul Biya secures eighth term in Cameroon amid unrest
Racist Incidents Against UK Nurses Surge by 55%
UK Chancellor Rachel Reeves Cites Shared Concerns With Trump Administration as Foundation for Early US-UK Trade Deal
Essentra plc: A Closer Look at a UK ‘Penny Stock’ Opportunity Amid Market Weakness
U.S. and China Near Deal to Avert Rare-Earth Export Controls Ahead of Trump-Xi Summit
Justin time: Justin Herbert Shields Madison Beer with Impressive Reflex at Lakers Game
Russia’s President Putin Declares Burevestnik Nuclear Cruise Missile Ready for Deployment
Giuffre’s Memoir Alleges Maxwell Claimed Sexual Act with Clooney
House Republicans Move to Strip NYC Mayoral Front-Runner Zohran Mamdani of U.S. Citizenship
Record-High Spoiled Ballots Signal Voter Discontent in Ireland’s 2025 Presidential Election
Philippines’ Taal Volcano Erupts Overnight with 2.4 km Ash Plume
Albania’s Virtual AI 'Minister' Diella Set to 'Birth' Eighty-Three Digital Assistants for MPs
Tesla Unveils Vision for Optimus V3 as ‘Biggest Product of All Time’, Including Surgical Capabilities
Francis Ford Coppola Auctions Luxury Watches After Self-Financed Film Flop
Convicted Sex Offender Mistakenly Freed by UK Prison Service Arrested in London
United States and China Begin Constructive Trade Negotiations Ahead of Trump–Xi Summit
U.S. Treasury Sanctions Colombia’s President Gustavo Petro over Drug-Trafficking Allegations
Miss USA Crowns Nebraska’s Audrey Eckert Amid Leadership Overhaul
‘I Am Not Done’: Kamala Harris Signals Possible 2028 White House Run
NBA Faces Integrity Crisis After Mass Arrests in Gambling Scandal
Swift Heist at the Louvre Sees Eight French Crown Jewels Stolen in Under Seven Minutes
U.S. Halts Trade Talks with Canada After Ontario Ad Using Reagan Voice Triggers Diplomatic Fallout
Microsoft AI CEO: ‘We’re making an AI that you can trust your kids to use’ — but can Microsoft rebuild its own trust before fixing the industry’s?
×