REvil, a recognized Russian hacking group, has gone offline — solely days after U.S. President Joe Biden mandated that Russian President Vladimir Putin deal with the cybercrime going down in his nation, a report from Decrypt mentioned on Tuesday (July 13).
Per Decrypt, The New York Instances reported that REvil’s web site had vanished with out a hint and that there wasn’t any indication so far on who was accountable for the disappearance — although some theories have it that Biden instructed the U.S. Cyber Command to incapacitate and take away the group’s websites, or that it was Putin who ordered the takedown after the current Geneva assembly through which he and Biden spoke.
A report from Decrypt mentioned that the primary difficulty has to do with ransomware, referring to the kind of crime the place hackers take management of computer systems and lock entry till a ransom is paid.
The ransom is usually requested in bitcoin or an alternate cryptocurrency As cryptocurrency is tough to trace.
REvil leveled an onslaught of assaults on U.S. firms in current weeks, notably towards IT agency Kaseya. In that case, there have been 200 firms affected that had been related to Kaseya’s software program.
REvil mentioned there had been over 1,000,000 programs affected by its assault.
It additionally adopted a Might assault through which the U.S.-based meatpacker JBS was hit. The assault yielded an $11 million ransom paid to free the providers.
Ransomware has been on the rise as of late, notably with the COVID-19 pandemic’s basic enhance in cybercrime. Hackers have managed to drag round $33 million in bitcoin from this apply simply this yr.
However cyberattacks are not on the wane — current studies have an assault on vogue model Guess exposing customers’ private monetary info.
The assault reportedly occurred between February 2 and February 23 of this yr.
To supply assist, the corporate has emailed customers complimentary id theft safety, and has mentioned it’s working with authorities and to strengthen its protections. The info breach affected round 13,000 folks.