On July 2, hackers breached this Florida-based IT management software company. Kaseya specializes in monitoring and controlling the computer networks of “managed service providers” that sell their IT and cybersecurity services to hundreds of thousands of small- and medium-sized businesses. After the hackers infected 50 of Kaseya's managed service providers, they were able to enter the systems of those companies' 1,500 clients. The hackers encrypted the victims’ data and demanded US$50 million in exchange for the key.<ref>[https://qz.com/2030053/what-is-a-supply-chain-cyber-attack/ What is a supply chain attack, Quartz]</ref> <br/> | On July 2, hackers breached this Florida-based IT management software company. Kaseya specializes in monitoring and controlling the computer networks of “managed service providers” that sell their IT and cybersecurity services to hundreds of thousands of small- and medium-sized businesses. After the hackers infected 50 of Kaseya's managed service providers, they were able to enter the systems of those companies' 1,500 clients. The hackers encrypted the victims’ data and demanded US$50 million in exchange for the key.<ref>[https://qz.com/2030053/what-is-a-supply-chain-cyber-attack/ What is a supply chain attack, Quartz]</ref> <br/> |