It comes after more than 200,000 victims in around 150 countries were infected by ransomware that originated in the United Kingdom and Spain before spreading around the world. The outdated version of Windows XP, that the ransomware managed to exploit, is used by nearly 70 per cent of Indian ATMs. Spain's Telefónica and several other large companies, FedEx, Deutsche Bank, as well as the Russian Interior Ministry and Russian telecom MegaFon, Nissan and Vivo have shut down their infected systems and trying to mitigate the risk.
Currently, there is no permanent fix that could end the wrath of this ransomware, but here are a few pointers that could help you in protecting your Windows PC if it has not been attacked yet.
"We believe the recent ransomware attack could accelerate the Windows upgrade cycle for enterprises, which would drive further upside to Office 365 Commercial MAUs [monthly active users] beyond what is now factored into our estimates", he added. According to the BBC, the virus took hacked users' files and demanded payments to restore access.
Businesses that failed to update Microsoft Windows-based computer systems that were hit by a massive cyber attack over the weekend could be sued over their lax cyber security, but Microsoft Corp itself enjoys strong protection from lawsuits, legal experts said.More news: Qualcomm Shows How To Wirelessly Charge Electric Vehicles While Driving
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Looking at the attackers' Bitcoin wallets they've made $42,000 so far. But many corporations don't automatically update their systems, because Windows updates can screw up their legacy software programs. The cyber criminals then ask for a ransom in bitcoins if the victim wants access to the data.
"WannaCry", as the ransomware is known, uses a Windows vulnerability originally identified by the NSA, according to security experts.
A second wave of global infections has also been halted thanks to a a new "kill switch" by Matthieu Suiche, the founder of cybersecurity startup Comae Technologies, has prevented about 10,000 infected machines from propagating the ransomware since it was flipped roughly 24 hours ago. In Australia, Cyber Security Minister Dan Tehan warned that there will always be threats of cyber attacks despite measures to intensify the country's cyber security.
The cyber-attack has disrupted NHS services in parts of England and Scotland since Friday afternoon. The malware primarily targeted users of Windows XP, which was launched by Microsoft in 2001. "They must also enable automatic updates in their computer or laptop systems", added Yadav. This is of particular importance in ransomware attacks.