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Major ransomware attack hits 1000s of businesses

Over 1000 firms were impacted by a ransomware attack on MSP-focused software firm Kaseya. The attackers asked for a $70m bitcoin ransom as the attack impacted end customers around the world.

"There's going to have to be more checks and balances for any third-party vendor," said Jon DiMaggio, the chief security strategist at cybersecurity firm Analyst1.

Tags

ransomware, cyber attack, systemic risk