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The ransomware was initially called ‘Petya’ and the updated version Petrwrap, however Kaspersky Lab reported that it believed the malware was a “new ransomware that has not been seen before” despite its resemblance to ‘Petya’. As a result, they have dubbed this new virus ‘NotPetya’. The virus, the source of which is not yet known, freezes the user’s computer and demands an untraceable ransom be paid in the digital Bitcoin currency.
The attack initially hit the Ukraine, affecting major firms, government systems, Kiev’s main airport and state banks. More worryingly the infamous Chernobyl nuclear power plant was also attacked, shutting down the automatic Windows based sensors and forcing the site to monitor radiation levels manually.
The attack then spread across Europe with Reuters reporting that Danish shipping giant A.P. Moller-Maersk was also affected by the cyber-attack, causing mass outages across its computer systems globally. Maersk handles one out of seven containers shipped globally and the breakdown affected all business operations, including container shipping, port and tug boat operations, oil and gas production, drilling services, and oil tankers. In the UK, advertising agency WPP was also attacked, with all its IT systems being shut down as a consequence.
The BBC has documented other large organisations that have been affected;
It has been reported that the malware appears to be spreading by exploiting the same loopholes within Windows systems, just as WannaCry did. These varying range of organisations have been hit due to not updating their security systems and applying the relevant software patches.
As we’ve mentioned before in our previous blog, companies that don’t adequately prepare themselves against a cyber-attack not only face a risk to their reputation and financial assets, but also expose themselves to fines, prosecution or civil proceedings if they are found to have been unprepared to respond to a cyber incident. This will be compounded by the looming GDPR, which takes effect on May 25th 2018.
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