Global Ransomware (WannaCrypt) Attack

In the last couple of weeks, a new form of ransomware known as WannaCrypt (or WannaCry) has crippled thousands of computers and locked up essential services including hospitals in Britain, FedEx in the US and Telefonica in Spain.

Using the long-established strategy of encrypting a computer’s contents and then demanding a payment for the decryption key (in this case around $400 worth of Bitcoin), WannaCrypt is notable for the incredible speed with which it has spread and the high profile targets it’s hit.

Read more here. Source: Brisbane Times

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