Cyber-Security Experts Fear the Progression Of 'WannaCry' Ransomware

Cyber-Security Experts Fear the Progression Of 'WannaCry' Ransomware

Cyber-Security Experts Fear the Progression Of 'WannaCry' Ransomware

Currently, an estimated 200,000 victims in 150 different countries are reported to have been hit by the cyberattack. Some of the victims have reportedly regained access to their files after paying, although security experts advise against complying with ransom demands.

In its postmortem of last Friday's wide-ranging ransomware attack that targeted Windows systems, Microsoft put part of the blame on the U.S. National Security Agency (NSA).

WannaCry takes advantage of a vulnerability in Microsoft Windows.

However, in response, Microsoft states it has developed and released a special update for Windows XP although this particular version is no longer serviced by the tech giant.

The name Ransomware suggests, The WannaCrypt0r 2.0 bug encoded all the information from the computer, and lock down the pc and requested that the client pays the said money by a message on the screen.

Microsoft has introduced a security patch to tackle the situation, and consumers across the globe have been advised to download the solution at the earliest.CERT-In today said it has not received any formal report of cyber attack on India's vital networks by the crippling global ransomware, "WannaCry".

"Out of the box computers are set to update regularly", Nash said.

A clamour spread on 12 May 2017 as a malware was launched infecting more than 57,000 computers in almost 100 countries including UK, Russia, Unites states, Spain, china and India. He estimates Microsoft will generate earnings-per-share of $3.35 in fiscal 2018 compared to the Wall Street consensus of $3.31.

If your system is already supported, just install your relevant updates as instructed, especially if you've been disabling your updates. The core financial systems remained secure as they had stronger defences. Though, Brad was partly right, the incident has shown the government is keener to attack enemies rather than defend its own citizens or make sure they are not exposed.

The cyber security industry were fearful of a "black Monday", as many workers switched on their computers after the weekend. An official cyber coordination centre is expected to launch operations by June which will take precautions against such attacks.

The cyber experts have warned of a huge risk in near future as most institutions and individuals in Bangladesh use pirated software.

The NHS alone continues to run 70,000 devices using Windows XP, leaving an open goal for hackers to propagate their Wanna Decryptor ransomware across the hospital network.

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