China is in a tizzy about the ransomware's impact on universities

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That includes lost productivity and the cost of conducting forensic investigations and restoration of data, said Steve Morgan, founder and editor-in-Chief of Cybersecurity Ventures. Tens of thousands of computers in abou...

"The starting point of infection is one silly guy downloading an attachment or clicking on a link". Indeed, security companies saw their stock price rise after news of the hack. Despite the high profile global nature of the attack, it has delivered meager pickings for the attackers, rising from $26,000 at the weekend to a current amount of $50,000 which the hackers have yet to retrieve. The cyber criminals then ask for a ransom in bitcoins if the victim wants access to the data.

Lawrence Abrams, a New York-based blogger who runs BleepingComputer.com, says many organizations don't install security upgrades because they're anxious about triggering bugs, or they can't afford the downtime. "They will rebuild and recover from their backups or other sources".

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Kolkata: The country is least prepared to tackle the ransomware virus "WannaCry" because of the low level of awareness about malicious software, a senior official looking after West Bengal's IT security said on Wednesday.

Unfortunately, not everyone can update their versions of Windows.

According to Rob Wainright, director of the European Union Agency for Law Enforcement Cooperation, more than 200,000 computers are affected by WannaCry, most of which are outside the U.S. Both the scale of the attack and the virulence with which it spread from computer to computer surprised many cybersecurity experts. The software held the victims' computers hostage and threatened to delete their files unless they paid $300.

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Europol's European Cybercrime Centre said that anyone hit by ransomware should use the unlocking tools provided at NoMoreRansom.org, a free resource developed by Europol in partnership with the Dutch police and other industry partners. "This is the first one that we have seen ... that has been able to attack computers directly with this kind of success".

The flaw in Windows behind a huge cyber-attack affecting organisations around the world, including some United Kingdom hospitals, can be traced back to the US National Security Agency (NSA) - raising questions over the US government's decision to keep such flaws a secret.

The IT ministry has also reached out to agencies such as RBI, NPCI and UIDAI, to warn them about the risks associated with WannaCry, and help secure their systems, to make sure that digital payments in India are not affected.

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