It Company Kaseya Gets Hacked, Exposing 1500 Companies to Ransomware

Episode 1812 (07:27)

Kaseya

Employees have been warning IT company Kaseya that the company would be hacked for three years. With weak encryption and lackluster cybersecurity, Kaseya was finally breached, exposing over 1500 IT companies to ransomware. The hack was performed by Russian criminal gang REvil, demanding 70 million in bitcoin for the decrypter. Leo says that there's no excuse for it, as the executives of Kaseya left the company a sitting duck for an attack.

Leo also adds that every year, ransomware gets worse and more prevalent.