The WannaCry ransomware that has spread across 150 countries since Friday has appeared to slow down, but employees starting the workweek should be careful, as the effects in the United States are yet to be determined.
WannaCry locks users out of their computers by exploiting a vulnerability in outdated versions of Microsoft Windows. It then demands money from users who want to regain control of their data. The ransomware initially requests around $300, and if no payment is made, threatens to double the amount after three days and delete files within seven days. Once it infects one computer, it can spread to every computer in that network within seconds.
Lovitt & Touché, Inc will continue to monitor the situation. Contact us if you have any further questions regarding how you can avoid disruptive business interruptions from cyber attacks.
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