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Protect Your Agency From Major Worldwide Cyber Attack

A ransomware worm stopped factories, hospitals, shops, and schools across the globe over Mother's Day weekend, and some fear it could cause further disruption...
May 17, 2017

WannaCry

A ransomware worm stopped factories, hospitals, shops, and schools across the globe over Mother's Day weekend, and some fear it could cause further disruption. Cybersecurity experts said the spread of the virus dubbed WannaCry — “ransomware” which locked up more than 200,000 computers in more than 150 countries — had slowed, but the respite might only be brief.

More than 200,000 organizations in 150 countries have been affected by the ransomeware attack. U.S. Homeland Security defines ransomeware as “a type of malicious software that infects a computer and restricts users’ access to it until a ransom is paid to unlock it.” Experts advise to protect your agency by updating your systems and software with the latest patches and update, backing up your data, and not downloading or clicking on unfamiliar links or files.

Cyber insurance policies will protect firms from extortion like ransomware attacks, but if companies failed to keep their systems up-to-date, they may face exclusions, and companies using pirated software are unlikely eligible for an insurance payout.

For more information visit the links below:

Microsoft Malware Protection Center

https://www.microsoft.com/en-us/security/portal/mmpc/shared/ransomware.aspx

DHS Statement on Ongoing Ransomware Attack

https://www.dhs.gov/news/2017/05/12/dhs-statement-ongoing-ransomware-attacks