Hackers claim to have entrapped more than one million devices and demanded Bitcoin payments. (AFP via Getty Images).
Hackers behind a major Fourth of July crime spree claim they have more than a million devices locked up and are seeking $70 million in bitcoin to unlock them.
The group is known as REvil and is a Russia-connected hacking gang. According to reports, they began their crime spree Friday by hacking Kaseya Software, which helps companies manage software updates.
According to NBC News the group was initially looking for individual computers and asked for $45,000 each to unlock them.
Coop, a Swedish grocery chain, is the most prominent victim. The company was forced to close nearly 800 of its 800 stores on Saturday because its registers were controlled online.
Sunday's statement by President Joe Biden stated that he had directed all resources of government to deal with the incident.
More to follow...
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