Petya is bigger than “WannaCry,” but it’s way more lethal – because, IT’S NOT RANSOMWARE.  It promises recovery of files for Bitcoin, but the bad guys are not releasing encryption keys when they receive payment  - all along, their intention was to simply wipe out data.

Many organizations in Europe and the US have been crippled by this attack known as “Petya”. The malicious software has spread through large firms including the advertiser WPP, food company Mondelez, legal firm DLA Piper and Danish shipping and transport firm Maersk, leading to PCs and data being locked up and held for ransom.

It’s the second major global ransomware attack in the past two months. I’m not going to go into all of the gory details.

If you don’t have cyber liability insurance, you hopefully have the following:

  • A very good employee training program in place,
  • Security tools running on your network and each computer,
  • And an excellent backup that will get you back in business quickly.

Stay safe out there,