Malicious software (“ransomware”) is, as we speak, wreaking havoc on hundreds of thousands of computers around the world.
The ransomware bug infecting computers as you’re reading this is known as WannaCry (or WanaCrypt0r 2.0, or WCry).
If your device gets infected the software encrypts your files so that you can’t access them.
The WannaCry program then demands payment in Bitcoin for you to regain access.
WannaCry is not just any old ransomware program – it’s also a worm, meaning that it gets into your computer and looks for other computers to try and spread itself as far and wide as possible.
WannaCry exploits a weakness in the Windows operating system that is believed to have been developed by the United States National Security Agency (NSA).
A group called the Shadow Brokers – believed by some security experts to have links to the Russian government - may have stolen it from NSA servers.
Click here to download the patches Microsoft has created to stop WannaCry in its tracks.
The Money Show’s Bruce Whitfield interviewed LAWtrust Head of Professional Services Dr Aleksandar Valjarevic.
LAWtrust is a leading cyber security company.
Listen to the interview in the audio below (and/or scroll down for quotes from it) for advice on how to avoid falling prey.
WannaCry has spread to South Africa.— Dr Aleksandar Valjarevic, LAWtrust
It’s a phishing attack… that uses a worm to spread from one computer to another.— Dr Aleksandar Valjarevic, LAWtrust
…there is a 12% probability of falling prey…— Dr Aleksandar Valjarevic, LAWtrust
This attack is unprecedented in terms of the number of machine affected.— Dr Aleksandar Valjarevic, LAWtrust
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