In this post, we summarize key facts regarding the WannaCry ransomware attack, provide an abbreviated list of known affected companies, and offer an overview of the legal issues and the response to the attack. This post is an update to our prior coverage of WannaCry.… Continue Reading
A large-scale ransomware attack began impacting companies and hospitals across the United States, Europe, and Asia early Friday morning. According to reports, companies in more than 70 countries have reported incidents as of Friday afternoon.
The attacks are being caused by ransomware called “WannaCry,” which quickly moves across systems to encrypt large amounts of computer data. Ransom demands seen during the current attack have requested Bitcoin amounts that equal between $300 and $600 in return for the decryption key. According to security researchers, the ransomware exploits a vulnerability in Microsoft’s Windows operating system that was disclosed in an … Continue Reading