New ransomware attack hits Russia and spreads around globe - iReporterNG.Com | No #1 News Media in Nigeria

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New ransomware attack hits Russia and spreads around globe

New ransomware attack hits Russia and spreads around globe

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How cyber criminals could hold your data hostage
How cyber criminals could hold your data hostage

 The U.S. government has issued a warning about a new ransomware attack that spread through Russia and Ukraine and into other countries around the world.

Cybersecurity experts said the ransomware -- which posed as an Adobe update before locking down computers and demanding money for people to get their files back -- targeted Russian media companies and Ukrainian transportation systems. It has also been detected in other countries including the U.S., Germany, Japan, Turkey and Bulgaria.

The U.S. Computer Emergency Readiness Team said late Tuesday it "has received multiple reports of ransomware infections ... in many countries around the world."

Dubbed "Bad Rabbit," the virus is the latest example of cybercriminals using ransomware to try to extort money from victims across the globe. Two major international attacks earlier this year -- NotPetya and Wannacry -- caused widespread disruption affecting businesses, government institutions and hospitals.

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