A ransomware worm made its way to more than 200,000 computers in 150,000 countries over the weekend, and while one may dismiss its creators as petty criminalsasking for an average individual ransom cost of $300its economic implications are significant. The “WannaCry” ransomware worm inched its way through the systems of hospitals, car manufacturers, telcos, factories, schools and shops, leaving in its aftermath business interruption costs upwards of $4 billion, according to cyber risk modelling firm Cyence.
Read Full Article