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Major cyber attack disrupts businesses around world

Posted on June 28, 2017 by Dissent

Eric Auchard, Jack Stubbs and Alessandra Prentice report on the newest worldwide threat. Expect there to be a lot more coverage on this as more information becomes available:

A cyber attack wreaked havoc around the globe on Wednesday, crippling thousands of computers, disrupting operations at ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia.

The virus is believed to have first taken hold on Tuesday in Ukraine where it silently infected computers after users downloaded a popular tax accounting package or visited a local news site, national police and international cyber experts said.

The malicious code locked machines and demanded victims post a ransom worth $300 in bitcoins or lose their data entirely.

[…]

While the malware seemed to be a variant of past campaigns, derived from code known as Eternal Blue believed to have been developed by the U.S. National Security Agency (NSA), experts said it was not as virulent as last month’s WannaCry attack.

Read more on Reuters.

Some other coverage:

  • Cyberattack Hits Ukraine Then Spreads Internationally.
  • Wave of new cyberattacks spreads, hitting multinationals
  • Also, see some great coverage in a series of articles by Catalin Cimpanu on BleepingComputer.

Related:

  • Attorney General James Announces Settlement with Wojeski & Company Accounting Firm
  • John Bolton Indictment Provides Interesting Details About Hack of His AOL Account and Extortion Attempt
  • UK: 'Catastrophic' attack as Russians hack files on EIGHT MoD bases and post them on the dark web
  • A business's cyber insurance policy included ransom coverage, but when they needed it, the insurer refused to pay. Why?
  • The Alliance That Wasn’t: A Critical Analysis of ReliaQuest’s Q3 2025 Ransomware Report
  • Heritage Provider Network $49.99M Class Action Settlement
Category: MalwareOf Note

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