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Another Global Cyber Attack likely to hail on Monday after Ransomware

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London, May 15, 2017: Another major cyber-attack is imminent after Friday’s global hit that infected more than 125,000 computer systems and could come on Monday, a security researcher warned on Sunday.

The UK security researcher “MalwareTech”, who helped to limit the ransomware attack, predicted “another one coming… quite likely on Monday”, the BBC reported.

The virus, which took control of users’ files, spread to 100 countries, including Spain, France and Russia.

In England, 48 National Health Service (NHS) trusts fell victim, as did 13 NHS bodies in Scotland.

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Some hospitals were forced to cancel procedures and appointments, as ambulances were directed to neighbouring hospitals free from the computer virus.

After taking computers over, the virus displayed messages demanding a payment of $300 in virtual currency Bitcoin to unlock files and return them to the user.

MalwareTech, who wants to remain anonymous, was hailed as an “accidental hero” after registering a domain name to track the spread of the virus, which actually ended up halting it.

“We have stopped this one, but there will be another one coming and it will not be stoppable by us,” the 22-year-old told the BBC on Sunday.

“So there’s a good chance they are going to do it… maybe not this weekend, but quite likely on Monday morning.”

He also warned hackers could upgrade the virus to remove the “kill switch” that helped to stop it.

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“Version 1 of WannaCrypt was stoppable but version 2.0 will likely remove the flaw. You’re only safe if you patch as soon as possible,” he tweeted.

Investigators are working to track down those responsible for the ransomware used on Friday, known as Wanna Decryptor or WannaCry.

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The virus exploits a vulnerability in Microsoft Windows software, first identified by the US National Security Agency. IANS

Next Story

Survey Reveals How IT Managers Are Inundated With Cyber Attacks

Cyber criminals attack IT managers the most

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Cyber attack
IT Managers are most prone to cyber crimes and phishing emails. Pixabay

Phishing emails impacted one in two Indian organisations that were hit by a cyberattack and IT managers are inundated with cyber attacks coming from all directions as they struggle to keep up due to a lack of security expertise, budget and up-to-date technology, a new survey by global cybersecurity major Sophos said on Thursday.

The survey included 3,100 IT decision-makers from mid-sized businesses in India, the US, Canada, Mexico, Colombia, Brazil, the UK, France, Germany, Australia, Japan, and South Africa.

“Cyber criminals are evolving their attack methods and often use multiple payloads to maximise profits. Software exploits were the initial point of entry in 41 per cent of incidents, but they were also used in some fashion in 35 per cent of all attacks, demonstrating how exploits are used at multiple stages of the attack chain,” Sunil Sharma, Managing Director-sales, Sophos India & SAARC, said in a statement.

Cyber attack
Hackers and cyber criminals have IT managers on their target as per the survey. Pixabay

“Organisations that are only patching externally facing high-risk servers are left vulnerable internally and cyber criminals are taking advantage of this and other security lapses,” he added.

The wide range, multiple stages and scale of today’s attacks are proving effective. Fifty-four per cent of those who fell victim to a cyber-attack was hit by a phishing email, 39 per cent by ransomware and 48 per cent said they suffered a data breach.

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Based on the responses, it’s not surprising that 50 per cent of IT managers consider software exploits, unpatched vulnerabilities and/or zero-day threats as top security risks, while 43 per cent consider phishing as a security risk. (IANS)