Wannacrypt Ransomware - What you need to know

Monday 15 May, 2017 | By: Default Admin | Tags: Cyber Security, Technology Risk

On Friday, the world experienced the wrath of a well-coordinated ransomware attack, known as WannaCry.

A number of large companies have already been impacted, including Britain’s public health system, FedEx in the USA and Spanish telecom provider Telefonica. 
As of this morning, the Australian Cyber Security Centre indicated that none of the Federal agencies have been attacked, however some private sector organisations experienced attacks.

Don’t assume you are protected against ‘WannaCry’

The malware causing the headache right now is known as ‘WannaCry’. This is one of the largest reported global ransomware attacks, shutting down hospitals and causing havoc for organisations around the world. BDO has outlined why it is a cause for concern and prepared some important measures you can take now to avoid this worldwide cyber threat.


BDO can help you take back control

If you choose to pay the ransom, you are ultimately supporting organised crime. This should be the last option and reported immediately. Don't begin restoring data from backup until you have the situation under control.

To seek immediate assistance or put in place strategies to mitigate cyber threats to your business please contact National Leader, Cyber Security Leon Fouche.


Claire Harrison

About the contributor:

Leon Fouche, National Leader, Cyber Security, BDO

Leon is a Cyber Security and Technology Risk specialist with more than 20 years' experience. He has performed numerous senior roles within this practice area, including working extensively with the Board and C-level leaders in Government and the Private Sector.


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