Multinationals hit by global wave of cyberattacks

Multinationals hit by global wave of cyberattacks

KIEV: A global wave of cyberattacks that began in Russia and Ukraine on Tuesday wrought havoc on government and corporate computer systems as it spread to Western Europe and across the Atlantic.

Several multinational companies said they were targeted, including US pharmaceutical giant Merck, Russian state oil giant Rosneft, British advertising giant WPP and the French industrial group Saint-Gobain.

The first reports of trouble came from Ukrainian banks, Kiev’s main airport and Rosneft, in a major incident reminiscent of the recent WannaCry virus.

Some IT experts identified the virus as “Petrwrap”, a modified version of the Petya ransomware which hit last year and demanded money from victims in exchange for the return of their data.

But global cybersecurity firm Kaspersky Lab said: “Our preliminary findings suggest that it is not a variant of Petya ransomware as publically reported, but a new ransomware that has not been seen before,” which it named “NotPetya”.

The cyberattack also recalled a ransomware outbreak last month which hit more than 150 countries and a total of more than 200,000 victims with the WannaCry ransomware.
Sourse: thenews.com.pk

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