Global Wannacrypt Ransomware Attack: Tackling the Threat of Virtual Marauders

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Author(s): Benjamin Enahoro Assay (Delta State Polytechnic, Nigeria)
Copyright: 2019
Pages: 19
Source title: Global Cyber Security Labor Shortage and International Business Risk
Source Author(s)/Editor(s): Bryan Christiansen (Tactical Systems LLC, USA)and Agnieszka Piekarz (Independent Researcher, Poland)
DOI: 10.4018/978-1-5225-5927-6.ch010

Keywords: Business Science Reference / Information Security & Privacy / Risk Assessment / Security & Forensics

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Abstract

Cyber-attacks have become a global phenomenon that organizations, government agencies, and business entities have to contend with as cyber criminals frequently target their operations. One such cyber-attack is the Wannacrypt ransomware that was unleashed on the global community in early May 2017 with a resultant devastating effect. The attack, described as the largest in the history of the internet, disrupted major organizations and affected over 200,000 computers in 150 countries. It is against this backdrop that this chapter examines the issues and trends in the Wannacrypt ransomware attack and recommends ways to avert future occurrences.

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