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5 Takeaways On Kaseya Cyberattack From CEO Fred Voccola

CEO Fred Voccola tells CRN how Kaseya is assisting MSPs compromised in the ransomware attack, what the company must do before restoring access to its VSA tool, and why cryptocurrency poses such an immense danger to society.

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Supply-Chain Shakedown

The REvil gang has pulled off one of the biggest ransomware heists in years, exploiting a vulnerability in Kaseya’s on-premise VSA remote monitoring and management tool to compromise roughly 50 MSPs and encrypt the data and demand ransom payments from more than 1,000 of their end user customers.

Kaseya CEO Fred Voccola spoke with CRN Saturday afternoon to discuss how Kaseya is assisting impacted MSPs, what the company must do before restoring access to its VSA tool, and why the company decided to terminate access to the SaaS version of its VSA software even though only on-premise customers were compromised.

“We spend tens of millions of dollars in our security organization on R&D, best practices, external pen tests. You name it, we do it,” Voccola told CRN. “The question then becomes, ‘How good are you at preventing it?’ Well, no one is. The bad guys are highly motivated. It’s ’How quickly and effectively can you respond to make sure that you minimize the impact?’”

Here are Voccola’s major takeaways on what the ransomware attack means for Kaseya, its MSPs, and the cybersecurity industry at large.

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