The ransomware attack focused on Kaseya, a US information technology corporation, has hit between 800 and 1,500 firms throughout the world, according to its CEO.

Globally, 1,500 businesses affected by ransomware attacks using Kaseya software

Hackers behind the mass attack which affected hundreds of companies on Friday have reportedly demanded $70 million to restore the data, according to a dark web posting.

Hackers linked to Russia reportedly demand $70 million from companies hit by cyberattack

A US official said that President Joe Biden`s administration is expected to put together a task force to deal with major cyber intrusions that Microsoft said this week were linked to China as relations between the two -- Washington and Beijing -- continues to spiral downwards.

Biden admin to form task force to deal with Microsoft hack linked to China

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