The impact of the ransomware attack against IT firm Kaseya has been “hugely overstated”, according to company CEO Fred Voccola.<\/p>\n
On 4 July, Kaseya was notified of irregular behaviour on its virtual systems\/server administrator (VSA) system management product. In a video<\/a><\/strong> released by Kaseya, Vocolla says the company chose to shut the product down within an hour of being notified.<\/p>\n Vocolla said that the Kaseya platform comprises 27 separate modules and that the compromised system, VSA, is only one of those modules.<\/p>\n “The modular nature of Kasey’a security architecture prevented the attack from hindering any other modules than VSA,” Vocolla stated.<\/p>\n Kaseya’s VSA product is an IT management system used by approximately 37,000 managed service providers (MSPs) worldwide, who in turn provide IT services to between 800,000 and a million small businesses globally.<\/p>\n The biggest company to have reported the attack’s impact is the Swedish supermarket chain Coop, which has still not been able to open 800 of its stores due to the attack’s impact on its payment systems<\/a><\/strong>.<\/p>\n