Sunday, May 14, 2017

World’s biggest cyberattack hits 150 countries and the threat is ‘escalating’

If you have not heard of the latest Malware threat that first appeared this past Thursday, then please take heed now.  It's a malware type known as ransomeware and is called WannaCry.  Cybersecurity experts say the initial targets were Russia, Ukraine and Taiwan but hospitals in the U.K., universities in China and global firms like FedEx were also under attack.

The malware is spreading by taking advantage of a vulnerability in Windows.  Microsoft release a patch in March but computers and networks that have not updated are at risk.  Microsoft has even released patches for unsupported older operating systems  including Server 2003 and Windows XP.  Computer already infected will not be helped by patching.

The ransomware attempts to seize control of an infected computer, encrypt files and then demand a ransom be paid before releasing control of the computer.

Cyberattack’s Impact Could Worsen in ‘Second Wave’ of Ransomware


On Friday an estimated 74 countries had reported infected computers.  Today that number has grown to 200,000 known victims in at least 150 countries.  Authorities are fearful that the numbers could spike with the start of the workweek on Monday when employees return and start using computers were the malware already is in hiding.



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