Just hours before the Fourth of July weekend, a huge, coordinated cyberattack hit hundreds of businesses across the world. A group of hackers broke in by exploiting a hole in the software code of an information technology company with a wide-ranging client base, then demanded $70 million in ransom. A […]
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Biden says ransomware attack caused ‘minimal damage’ to U.S. companies
WASHINGTON, July 6 (Reuters) – President Joe Biden said on Tuesday the ransomware attack centered on the Florida information technology firm Kaseya seems to have inflicted only “minimal damage” on American businesses. “It appears to have caused minimal damage to U.S. businesses, but we’re still gathering information,” Biden told reporters […]