In The Midst Of An International Cyber Attack – What Questions Should Executives Ask?
The "WannaCry" ransomware cyber attack has made headlines around the world – Cyberattack Spreads In Asia; Thousands Of Groups Affected, The Latest: 29,000 Chinese Institutions Hit By Cyberattack, Russia, This Time the Victim of a Cyberattack, Voices Outrage, and Global Cyberattack Spreads, U.S. Avoids Worst Of It.
Essentially, computer systems were attacked by the "Wannacry" software, a form of ransomware that allows hackers to take control of a computer system and blocks access to it until a ransom is paid. Before the software was stopped, Wannacry was asking victims to pay a ransom of $300 in bitcoins (see WannaCry . . .