At least 100000 groups in 150 countries hit by ransomware
- Author: Arturo Norris May 17, 2017,
May 17, 2017, 23:30
Japanese broadcaster NTV reported 600 companies in that country had been hit, and automaker Nissan and the Hitachi conglomerate said they were addressing the problem at their units that were affected.
Companies and institutions are often slow to update their computers because it can screw up internal software that is built to work with a certain version of Windows.
But individuals with PCs running Windows should still take a few precautions.
Microsoft's top lawyer is laying some of the blame for Friday's massive cyberattack at the feet of the USA government. The technology behind WannaCry was actually developed by the National Security Agency in the USA, then stolen by hackers using the moniker Shadow Crew. He single handedly was responsible for halting the spread of a ransomware cyber attack that bought down much of the NHS, O2's parent company Telefonica, FedEx in the U.S. and a host of other businesses and government institutions around the world in at least 99 countries as far afield as Russian Federation and China. That's wrong, says Smith.
It blamed governments for storing data on software vulnerabilities which could then be accessed by hackers.
In a blog post Brad Smith wrote that after a vulnerability was identified a security update was released for newer Windows systems, but "many remained unpatched globally".
Cyber bad guys have spread ransomware, known as WannaCry, to computers around the world.
The warning echoed that from Europe's policing agency earlier Sunday.
WannaCrypt made headlines at the end of the previous working week, but is expected to inflict damage in the upcoming week as unsuspecting victims go back to work on Monday.
In this case, a patch to close the bug has been available since 14 March but many organisations have clearly failed to apply it in time.
In China, hundreds of thousands of computers at almost 30,000 institutions and organisations were infected by late Saturday, internet firm 360 Security said.
Proofpoint and a British cybersecurity researcher teamed up Friday to derail the attack that was said to strike at least 100,000 organizations in 150 countries.
The government is not legally bound to notify at-risk companies.
The software giant compared the severity of the attack with "the United States military having some of its Tomahawk missiles stolen".
But as Asia woke up to the working week on Monday, leading Chinese security-software provider Qihoo 360 said "hundreds of thousands" of computers in the country were hit at almost 30,000 institutions including government agencies.
The worm is primarily impacting business, where it can spread quickly through a network to take down an entire company.
The malware kidnap your system file and demand for money in order to release your files which may be multimedia files, office files, personal files or even system file on which your computer relies to run properly.
Organizations around the world were digging out this weekend from what experts are calling one of the biggest cyberattacks ever.
He added that ransomware attacks were normally criminal rather than political in nature.