Published: Fri, May 19, 2017
Hi-Tech | By Ellis Neal

All You Need To Know About WannaCry Ransomware

All You Need To Know About WannaCry Ransomware

The most disheartening revelation from the cyberattack was that there was a fix available for the ransomware before the attack.

There's a code among whitehat hackers and cybersecurity experts alike, whether they're professionals on Google's Project Zero team or just a guy with some know-how working out of his basement: when you discover a bug, you contact the software developer and give them a chance to make it right.

According to the report, "the high price highlights the quandary the world's biggest software company faces as it tries to force customers to move to newer and more secure software, while at the same time earning a profit from the army of engineers it employs on security issues".

Make sure automatic updates are enabled, and downloaded regularly.

Microsoft, however, immediately issued a "free" patch for old software, including Windows XP, on Friday midnight when the ransomware attack began spreading.

Introduce a company policy for how attachments are described in covering email. The lesson: Avoid clicking links inside dubious emails, Mr Kamden said. People can also detect a suspicious e-mail by checking the spelling and grammatical errors in it. And, if you were guessing that Windows 10 wouldn't catch this malware, you might be wrong.

Among those affected are Germany's rail system, Renault and Nissan factories, FedEx, Spanish telecom Telefónica, and Russia's central bank. Several organizations obviously can not afford to lose such data and because the hackers usually detail a small amount of payment to decrypt that data, it is less of a headache to start from scratch so many people will opt to lose a small percentage of their savings to get access to their computer once more.

"Most importantly for ransomware, backup the data that matters to you", NCSC advised.

In general, you should be creating a copy of your data in the first place, in case your computer fails or is lost.

For larger businesses with hundreds or thousands of employees, applying security updates organizationwide can be hard.

China is preparing to enforce a wide-reaching cyber security law that US business groups say will threaten the operations of foreign firms in the country with strict local data storage laws and stringent surveillance requirements. Businesses should determine the best time to apply these security updates to office computers without interrupting productivity, he added.

Avast, an global security software firm that claims it has 400 million users worldwide, said the ransomware attacks rose rapidly Saturday to a peak of 57,000 detected intrusions. Then report the crime to law enforcement and seek help from a technology professional who specializes in data recovery to see what your options might be.

They exploited a flawless storm of factors - the Windows hole, the ability to get ransom paid in digital currency, poor security practices - but it's unclear if the payoff, at least so far, was worth the trouble. Should I pay the ransom? You can either choose to decrypt your data, pay the hackers the ransom and encourage their vile activities, or you can choose to contribute to the greater good by having your data erased and starting all over again.

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