Ransomware attack: Some ATMs remained shut across India to escape attack

Investors Turn to Cyber Security Stocks ETFs in Wake of Global'Ransomware Attack

The ransomware - known as WannaCry - exploits a vulnerability in outdated versions of Microsoft Windows, locking down all of a computer's files.

"We believe [WannaCry's operators] are amateurs", said Catalin Cosoi, chief security strategist at the cyber security firm Bitdefender. "All calls on this number will be handled by malware specialists, who will guide people on prevention and remediation".

"The governments of the world should treat this attack as a wake-up call", Smith wrote on the company's blog.

Ransomware is a type of malicious software that will block access to your files unless you pay a ransom.

Businesses that failed to update their Windows-based computer systems, making them vulnerable to the massive WannaCry ransomware attack over the weekend, could face lawsuits over their lax cybersecurity, claim legal experts.

The virus swept computers running on Microsoft Windows Operating System, especially those not now supported such as Windows XP, Windows 8 and Windows Server 2003.

The second wave of cyber attacks that were predicted to occur on Monday using more enhanced encryption making it more hard to fix did not happen, but the world was still reeling from the recent ransomware attack.

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Friday's attack largely hit businesses and large organizations: United Kingdom hospitals, a Spanish telecom, FedEx, the Russian Interior Ministry, and more.

The State Bank of Vietnam on May 15 confirmed that no Vietnamese credit institutions were affected by the WannaCry ransomware.

Mr Hunt has come under fire for failing to appear in public since the attack, which hit 47 trusts in England and 13 Scottish health boards.

After a weekend of fallout, experts are concerned that the problem could expand as the work week starts.

Nash said he's glad he insisted his few dozen area clients upgrade their respective operating systems from Windows XP, including the last to do so about a year ago.

Here are the steps to prevent your computer from the attack, as reported by CNET. Something more focused with knowledge of NHS systems could have done something much worse.

The exploitation of EternalBlue, suspected to have been developed using a hacking method leaked from US National Security Agency, allows the malware to spread through file-sharing protocols set up across the internal networks of organisations, many of which criss-cross the globe, according to Financial Times.

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