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Home > Cybersecurity > Kaseya denies paying for REvil decryption tool

Kaseya denies paying for REvil decryption tool

Kaseya made an announcement stating that the company didn't pay the ransom to the ransomware group.

Erdem Yasar by Erdem Yasar
July 27, 2021
in Cybersecurity
1 min read
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Kaseya denies paying for REvil decryption tool
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Kaseya, the company that fell victim to a ransomware attack recently, denied the reports that state that the company paid the ransom to the hacker group. A few days ago, the company announced that they got the decryption tool from a third party. Some online news sources claimed that Kaseya paid the $70 million ransom to the hacker group.

Decryption tool

On July 26th, the company made an official announcement stating that the company did not pay a ransom, either directly or indirectly through a third party for the decryptor. Kaseya also stated that its Incident Response team and Emsisoft are partnering to assist its customers by providing the decryptor to affected customers to help them restore their data.

Kaseya also stated that the company’s continued silence on paying the ransom could encourage additional ransomware attacks and that is not what Kaseya aims for. According to the announcement, each company must make its own decision on whether to pay the ransom. After consultation with experts, Kaseya decided not to negotiate with the criminal group that is behind the attack.

See more Cyber Security News


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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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