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emfizz.com November 24, 2017


NETWORK SECURITY Huge, Unprecedented Ransomware Attack Hits Around the Globe

19 May 2017, 10:41 | Todd Saunders

"The numbers are going up, I am anxious about how the numbers will continue to grow when people go to work and turn (on) their machines on Monday morning".

Britain's National Cyber Security Centre joined others in warning of more cases of "ransomware" attacks this week, predicting that the problem could be "at a significant scale" because some infected machines have not yet been detected, and existing infections can spread within networks.

The warning was echoed by Britain's National Cyber Security Centre: "As a new working week begins it is likely, in the United Kingdom and elsewhere, that further cases of ransomware may come to light, possibly at a significant scale".

To make sure you're not the next victim, you need a combination of technological and personnel actions, said David Chou, chief information and digital officer at Children's Mercy Kansas City.

Bitcoin, the world's most-used virtual currency, allows anonymous transactions via heavily encrypted codes. The minister did not name the first Australian business affected by the ransomware attack, but hinted it was not "a government organisation or a hospital or anything like that". The perpetrators have earned US$26,148, according to security firm Redsocks.

He added that governments should "report vulnerabilities" that they discover to software companies, "rather than stockpile, sell, or exploit them".

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The global malware attack has reached Australians, the government confirmed. Cybersecurity experts say the unknown hackers who launched this weekend's "ransomware" attacks used a vulnerability that was exposed in NSA documents leaked online.

Who is to blame for the massive ransomware attack?

Europol's Wainwright said few banks in Europe had been affected, having learned through the "painful experience of being the number one target of cyber crime" the value of having the latest cyber security in place.

The NHS was among hundreds of organisations affected around the world, with 47 trusts hit.

The extortion scheme has created chaos in 150 countries and could wreak even greater havoc as more malicious variations appear.

Universities in China, Italy and Greece were also hit.



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