Sunday, August 17, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Cybersecurity

Ransomware hackers have demanded $70 million

Tech Gist Africa by Tech Gist Africa
07/06/2021
in Cybersecurity, World News
0 0
0
online trading Hackers Tips

online trading Hackers Tips

0
SHARES
Share on FacebookShare on Twitter

In a widespread attack, ransomware hackers have demanded $70 million to unlock computers.

The cyberattack, which began on Friday, is thought to have affected hundreds of small and medium-sized enterprises as well as tens of thousands of devices.

It sparked panic in US national security circles, with fears that it may have far-reaching consequences.

The CEO of the company at the center of a massive hack that has impacted hundreds of businesses claimed he told the White House and that the perpetrators are demanding a single extortion payment of $70 million.

The demand was placed on a dark-web site linked with REvil, a Russian-language group.

According to cybersecurity firm Sophos, the current attack affected a wide range of organizations and government institutions throughout the globe, including financial services, travel and leisure, and the public sector, though only a few significant corporations.

Criminals that use ransomware penetrate networks and plant software that cripples them by encrypting all of their data. When victims pay up, they are given a decoder key.

The number of victims, according to Kaseya CEO Fred Voccola, is in the low thousands, with most of the victims being small enterprises such as “dental clinics, design firms, plastic surgery facilities, libraries, and things like that.”

 

Read more on Tech Gist Africa:

Microsoft Exchange email app has a “series of critical vulnerabilities,” according to the National Security Agency (NSA)

Russian hacker targets Apple in a ransomware attack, demands $50 million

Mimecast alerts that cybercriminals are taking advantage of vaccine rollout campaigns

 

 

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

apple ceo tim cook
Artificial Intelligence

Apple Reportedly Developing Proprietary AI ‘Answer Engine’

by Tech Gist Africa
08/15/2025
0

Apple is quietly building its own AI-powered “answer engine,” positioning the project as a core upgrade for Siri, Safari, and...

Read more
Australia

Australia Expands Social Media Ban to Include YouTube for Children Under 16

08/15/2025
Microsoft

Microsoft Becomes the Second $4 Trillion Company

08/14/2025
Apple iPhone 17

Apple Set to Unveil iPhone 17 Series in September

08/13/2025
OpenAI

OpenAI Launches GPT-5: Chasing ‘PhD-Level Intelligence’ Amid Mixed User Reactions

08/12/2025
Next Post
TeamApt Moniepoint Nigeria

TeamApt, a Nigerian fintech startup, has raised an undisclosed Series B round of funding

Canada

The sale of internal combustion vehicles in Canada will be banned by 2035

Cloud technology

How Can Cloud Technology Help Your Business Grow?

No Result
View All Result

The Big 5

Ilorin Hackathon Nigeria

 Ilorin Ignites Innovation: Hackathon 2025 to Empower Nigeria’s Brightest Tech Minds

by Tech Gist Africa
08/15/2025
0

...

Africa Tech Festival 2025

Africa Tech Festival Returns to Cape Town in November

by Tech Gist Africa
08/12/2025
0

...

Fadi Ghandour

Trailblazer of MENA Entrepreneurship: Celebrating Fadi Ghandour’s Legacy

by Tech Gist Africa
08/11/2025
0

...

Ghana Tech Gist Africa

TICON Africa Conference Set for August 20–22 in Accra

by Tech Gist Africa
08/11/2025
0

...

Lisbon Web Summit 2025

Web Summit 2025 to Return to Lisbon

by Tech Gist Africa
08/11/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

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
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.