January 27, 2022

Volume XII, Number 27

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January 26, 2022

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Kaseya Ransomware Update is NO surprise!

Reuters reported that “Between 800 and 1,500 businesses around the world have been affected by a ransomware attack centered on U.S. information technology firm Kaseya…”  The July 6, 2021 report entitled “Up to 1,500 businesses affected by ransomware attack, U.S. firm's CEO says” included these comments from Fred Voccola (Kaseya CEO which is a company which provides software tools to IT outsourcing shops):

The hackers who claimed responsibility for the breach have demanded $70 million to restore all the affected businesses' data, although they have indicated a willingness to temper their demands in private conversations with a cybersecurity expert and with Reuters.

No surprise about this terrible news, but what’s next?

© 2022 Foley & Lardner LLPNational Law Review, Volume XI, Number 188
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About this Author

Peter Vogel, trial attorney, Foley Lardner
Partner

Peter Vogel is renowned as both a trial and transactional lawyer who deeply understands technology, science and intellectual property, and the opportunities and problems they pose for clients. Governments and administrative agencies, as well as major corporations and emerging businesses, rely on Peter to get right to the heart of an information technology or e-discovery dispute; he knows what to expect and how it will play out in the courtroom. This eliminates unproductive rabbit trails and reduces the cost of litigation for all parties. When negotiating agreements for...

214-999-4422
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