‘You can commit crimes all day long’: Kaseya CEO says cryptocurrency fuels ransomware hacks

Published by
Miami Herald

MIAMI — The CEO of the Miami-based firm at the center of a global ransomware hack says that while measures are being taken to restore client access to critical files and infrastructure, cryptocurrencies remain a big part of the problem. Fred Voccola, who has led Kaseya since 2015, told the Miami Herald on Thursday that one of the biggest takeaways from the July 4 weekend attack that forced Swedish grocery stores and New Zealand kindergartens offline and may have impacted as many as 1,500 companies is that cryptocurrencies must come in for tighter regulation. “I’m not saying it should be legal …

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