• Download the Constitution of Pakistan
  • Advertise
Sunday, July 13, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Cyber Security

Kaseya gets the master decryption key after the global attack

by Web Desk
July 26, 2021
in Cyber Security, New, Technology, World
Reading Time: 2 mins read
0
Kaseya
Share on FacebookShare on TwitterLinkedinWhatsapp

The Florida company whose software was exploited in the devastating Fourth of July weekend ransomware attack, Kaseya, has received a universal key that will decrypt all of the more than 1,000 businesses and public organisations crippled in the global incident.

Kaseya spokeswoman Dana Liedholm did not say how the key was obtained or whether a ransom was paid. She said only that it came from a trusted third party and that Kaseya was distributing it to all victims. The cybersecurity firm Emsisoft confirmed that the key worked and was providing support.

Ransomware analysts offered multiple possible explanations for why the master key, which can unlock the scrambled data of all the attack’s victims, has now appeared. They include: Kaseya paid; a government-paid; a number of victims pooled funds; the Kremlin seized the key from the criminals and handed it over through intermediaries or perhaps the main attacker didn’t get paid by the gang whose ransomware was used.

The Russia-linked criminal syndicate that supplied the malware, REvil, disappeared from the internet on July 13. That likely deprived whoever carried out the attack of income because such affiliates split ransoms with the syndicates that lease them the ransomware. In the Kaseya attack, the syndicate was believed overwhelmed by more ransom negotiations than it could manage and decided to ask $50 million to $70 million for a master key that would unlock all infections.

By now, many victims will have rebuilt their networks or restored them from backups.

It’s a mixed bag, Liedholm said, because some “have been in complete lockdown. She had no estimate of the cost of the damage and would not comment on whether any lawsuits may have been filed against Kaseya. It is not clear how many victims may have paid ransoms before REvil went dark.

The so-called supply-chain attack of Kaseya was the worst ransomware attack to date because it spread through software that companies known as managed service providers use to administer multiple customer networks, delivering software updates and security patches.

Tags: AttackCriminalFloridaGovernmentKaseyaLiedholmRansomwareREvilRussiasoftwareUniversal
Web Desk

Web Desk

Related Posts

Mobile imports decreased

Pakistan’s Mobile Phone Imports Drop 16% in FY25

by Anum Arif
June 27, 2025
0

ISLAMABAD: Mobile phone imports in Pakistan fell sharply by 16.31% during the first eleven months (July–May) of the fiscal year...

What is Artificial Intelligence and How AI is Everywhere Around Us?

What is Artificial Intelligence and How AI is Everywhere Around Us?

by News Publishing
June 6, 2025
0

Artificial Intelligence (AI) could be described as one of the finest innovations of the 21st century. It has become an...

Microsoft and Elon Musk

Microsoft Hosts Elon Musk’s Grok Chatbot on Azure

by Anum Arif
May 20, 2025
0

Microsoft has officially partnered with Elon Musk’s AI startup, xAI, to host the controversial chatbot Grok on its Azure cloud...

Apple iphone all glass

Apple Plans Bezel-Free Glass iPhone for 2027

by Anum Arif
May 15, 2025
0

As Apple prepares to celebrate the 20th anniversary of the iPhone in 2027, the tech giant is reportedly planning a...

Agriculture sector being developed on modern lines: PM

Agriculture sector being developed on modern lines: PM

by News Publishing
May 15, 2025
0

Prime Minister Muhammad Shehbaz Sharif has said agriculture sector is being developed on modern lines to achieve agricultural self-reliance. He...

iphone 18

Apple iPhone 18 Pro to Get Under-Display Face ID

by Anum Arif
May 14, 2025
0

California – 14 May 2025:Apple is reportedly preparing a major redesign for its 2026 iPhone 18 Pro lineup, with plans...

Next Post
Smartphones

Smartphones are worse than a spy in your pockets

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters