July 28, 2021

A New Wave Of Ransomware Has Been Sparked By A Cyberattack On Tech Provider Kaseya

Kaseya, whose VSA software platform is used by other tech companies to monitor and manage customers’ IT networks, has been the victim of an audacious cyberattack. On July 2, the business issued a security advisory urging its customers to immediately shut down versions of VSA running on their own servers. It also suspended its own cloud-based VSA service.

The company is at the epicenter of a security crisis that combines two of the most devastating tactics being deployed by hackers today: supply chain attacks and ransomware. The former involves targeting companies whose software is widely used by other businesses. Once inside the supplier’s system, attackers use it as a jumping off point to access its…

Read full article here: www.forbes.com