Security News > 2020 > November > REvil ransomware hits Managed.com hosting provider, 500K ransom
Managed web hosting provider Managed.com has taken their servers and web hosting systems offline as they struggle to recover from a weekend REvil ransomware attack.
As first reported by ZDNet, Managed.com disclosed on Tuesday that they were hit with a ransomware attack and, to protect the "Integrity of our customer's data," they decided to take their entire system down, including clients' websites.
At the time of this writing, websites for Managed.com hosting clients continue to be unavailable, leading to some clients switching their web hosting to another provider.
According to a screenshot shared with BleepingComputer, REvil is demanding a $500,000 ransom in Monero to receive a decryptor.
REvil is a Ransomware-as-a-Service that began infecting victims in April 2019 and has since grown to become one of the largest ransomware operations currently operating.