US increasingly concerned by cybercrime emanating from Russia

RUSSIA / FSU POLITICS - In Brief 07 Jul 2021 by Alex Teddy
US companies believe that cybercriminals operating in Russia do so with at least the connivance of the Russian state.The Russian government denies all knowledge of this. Moscow strives to control the internet very strictly. If these hackers operate out of Russia then it is hard to believe that they do not have at least the tacit approval of their government. An American IT company called "Kaseya" that was attacked with ransomware was able to restart its servers on July 6. Customers were able to get back online. Its cloud system is still not operational. Kaseya was obliged to enhance security. The company can now isolate suspect files. Its software was used by 40,000 companies. Attacking Kaseya enabled hackers to palsy a huge number of companies with a single strike.The recent cyber hack impacted 1,500 businesses and led to a ransom demand of USD 70 million in bitcoin. This was the biggest ransomware attack ever. The hack hurt those who use VSA software. VSA manages networks of computers and printers. The Kaseya attack hurt 17 countries. It impacted businesses from supermarkets to kindergartens.The White House said that a Russian cyber gang had probably committed the attack. In Biden's summit with Putin the US President warned his counterpart that if Russia does not close down cyber gangs then the US will. REvil is the Russian gang that is suspected to be responsible for the July 2 attack. A French cybersecurity maven said that REvil might have regarded the Kaseya hack as its last one before being put out of operation. That is why it was so audacious. REvil is also known as Sodinokibi. REvil is thought to have been behind 29% of ransomware hacks in 2020. IBM estimated t...

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