Tuesday, 23 October, 2018

Large-Scale Cyberattack Spreading Through Russia And Ukraine

Hackers target European businesses banks services in new cyberattacks National Close Hackers target European businesses banks services in new cyberattacks
Kayla Schwartz | 28 June, 2017, 17:38

Other crucial operations affected by the attack include those at the Chernobyl nuclear power plant which has now switched to manual radiation monitoring.

Employees of Reckitt Benckiser have reportedly been sent home as the company's system was hit by cyber attack.

A widespread cyberattack rippled across Europe on Tuesday, with major companies in Ukraine, Russia, Britain and elsewhere reporting large-scale disruptions.

The fresh cyberattack used the same intrusion tool as a similar assault last month.

The virus is believed to be ransomware - a piece of malicious software that shuts down a computer system and then demands an extortionate sum of money to fix the problem, the daily said.

A number of other European companies reported being targeted as well, including British advertising giant WPP and French industrial group Saint-Gobain. Computers hit by the malware display a distinctive black screen and a red text that instructs the user to pay a ransom of $300 worth of bitcoin for the computers to be unlocked. In addition, the Antonov aircraft-builder, the Kiev metro and Borispol worldwide airport have confirmed cyber attacks on their computer systems.

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At present, reports about the malware have put the majority of impact on computers in Ukraine but security researchers have said it is spreading quickly.

Meanwhile, systems at the major lender Oschadbank still appeared crippled, while a delivery service and energy supplier said they were also facing some difficulties.

The multi-pronged attack by a type of ransomware virus called Petya over the past few hours has affected dozens of institutions, businesses and banks in Russian Federation and Ukraine, as well as Denmark's Maersk shipping company and the French glassmaking and construction materials giant Saint Gobain.

Security solutions company Sophos said the latest version of malware is particularly "virulent" because it uses multiple techniques to spread automatically within a company s network once the first computer is infected.

Among those attacked was pharmaceutical company Merck. The firm discovered a sample of the virus on the computer on June 18 which implies that it has been around for some time. "The WannaCry attack and now Petya clearly demonstrate that hackers do not discriminate which type of business they are targeting".

The current ransomware is known as GoldenEye, according to Bogdan Botezatu, a senior e-threat analyst at Bitdefender.

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