Petya - the new ransomware to take the cyber world by storm

While 2016 was marked by extraordinary attacks, including multi-million dollar virtual bank heists, 2017 is no less. Just a month after WannaCry locked up thousands of computers, a new wave of ransomware attacks are targeting users across the world, including India and Europe. It’s the second major global ransomware attack in the last two months. Consumer, shipping, aviation and oil & gas companies were hit on Tuesday in the UK, Russia, France, Spain and elsewhere.

Petwrap, believed to be an advanced version of an old ransomware known as Petya, locked the computer screens of as many as 20 companies globally with $300 being demanded to be paid in Bitcoin to free them up.

Advertsising company WPP, food company Mondelez, legal firm DLA Piper, French construction materials company Saint-Gobain and Russian steel and oil firms Evraz and Rosneft Maersk and Danish shipping and transport firm Maersk are some of the companies targeted by the ransomware on Tuesday, causing serious disruptions according to people aware of the matter. Indian subsidiaries of UK and Russia-based oil and gas, energy and aviation companies were also hit....Read More

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