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FedEx confirms it was hit by global malware attack

FedEx confirms it was hit by global malware attack

He referenced Microsoft's proposed initiative from February called the "Digital Geneva Convention" that would set standards for protecting civilians from cyberattacks by nation-states. It locks down all the files on an infected computer.

The malware kidnap your system file and demand for money in order to release your files which may be multimedia files, office files, personal files or even system file on which your computer relies to run properly.

WannaCry is a type of trojan virus called ransomware.

WannaCry reportedly took advantage of a vulnerability in Windows that Microsoft patched earlier this year.

In August 2016, a group calling itself The Shadow Brokers began posting materials from that stolen cache of programs online. Microsoft did release a patch for the vulnerability in March. But computers and networks that hadn't updated their systems were still at risk.

Organizations have been urged to update their systems immediately to ensure that they are not affected by the ransomware. Playing with fire finally caught up with the victims.

It said Sunday that a similar cyberattack could also recur, though it did not have "specific evidence" of this.

Also hit were Deutsche Bahn, the Russian Central Bank, Russian Railways, Russia's Interior Ministry, Megafon and Telefónica.

Over the weekend, a cyberattack left PCs running on Microsoft Windows servers vulnerable to a hack.

"Or we could potentially see copycats mimic the delivery or exploit method they used", he said.

The full extent of the attack won't become fully clear until people return to their workplaces Monday, for the first time after the attacks.

The Kaspersky Lab estimated up to five percent of computers affected around the world could be located in India, due to the number of computers there using older versions of Microsoft's operating system. "Ideally, this data should be kept on a separate device, and backups should be stored offline", it said. Install all Windows updates. 5.

Organizations are scrambling to apply the latest security patch to their computers to prevent the spread of the attack.

The hackers remain anonymous for now, but it appears that they are amateurs.

Soon, after the initial release of the ransomware took place on May 12, 2017, a United Kingdom -based researcher going by the name of MalwareTech happened to accidentally discover a "kill switch" hardcoded in the malware while trying to analyze the attack. The money was stolen by hackers, believed to be from North Korea, from the Bangladesh central bank's account in the US Federal Reserve in NY.

"Whether or not you think the USA government should be spending a fortune developing such cyber-weapons, surely it is obvious that the weapons they develop should be properly secured", said Phillip Hallam-Baker, principal scientist for New Jersey-based cybersecurity firm Comodo, in an emailed statement.


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