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    You are at:Home»Cybercrime»Microsoft Windows users, brace yourselves for a ‘second wave’ of that massive global cyberattack

    Microsoft Windows users, brace yourselves for a ‘second wave’ of that massive global cyberattack

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    By Tapiwa Matthew Mutisi on May 16, 2017 Cybercrime, Data, Government, Hackathons, Internet, Programming, Security, Software, Technology

    Microsoft Windows users, brace yourselves. People are worried a second wave of cyberattacks could strike around the world as a new week starts and as employees return to their desks and log onto their computers.

    The unprecedented ransomware attack that on Friday locked up computers across the globe including UK hospital, FedEx, train systems in Germany among other institutions in exchange for payment, could cause even more trouble as the work week begins. On top of that, copycat versions of the malicious software have already started to spread.

    Companies and organizations are being urged to update their Microsoft operating systems immediately to ensure networks aren’t still vulnerable to more powerful variants of the malware known as WannaCry or WannaCrypt.

    The outbreak, which began last Friday, is already believed to be the biggest online extortion scheme ever recorded.

    WannaCry locks up computers, encrypts their data, and demands large Bitcoin payments, which begin at $300 and rise to $600 before the software destroys files hours later. Cyber criminals targeted users in 150 nations, including the U.S., Russia, Brazil, Spain, and India, along with major government agencies, such as the U.K.’s National Health Service and Germany’s national railway.

    Marcus Hutchins halted the ransomeware attack  on Saturday after discovering and activating the software’s “kill switch.” The temporary fix initially helped slow down the rate of infected computers.

    But some networks may have caught the malicious bug after workers went home, meaning the malware is already there, waiting for employees to power up their computers.

    The way these attacks work means that compromises of machines and networks that have already occurred may not yet have been detected, and that existing infections from the malware can spread within networks.

    This means that as a new working week begins it is likely that further cases of ransomware may come to light, possibly at a significant scale.

    The cyber criminals, whose identities are still unknown, also rebounded from the kill switch activation by releasing a second variation of the malware.

    Europol, the European Union’s policing agency, said the attack remains an “escalating threat” whose numbers “are still going up” after a brief slowdown on Friday. The agency estimates some 200,000 victims — including 100,000 public and private sector organizations — have been affected since the start of the cyberattack.

    Marcus Hutchins said that it’s quite an easy change to make, to bypass the way we stopped it.  Therefore, looking into a possible second wave of attacks.

    The WannaCry malware exploits a vulnerability in Microsoft Windows. Experts said this vulnerability has been known for months, and Microsoft had fixed the problem in updates of recent versions of Windows. But many users did not apply the software patch.

    So, in case you needed another reminder, update your software often. And maybe change your passwords while you’re at it.

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    Tapiwa Matthew Mutisi
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    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

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