FRANKFURT: A computer virus wreaked havoc on firms around the globe on Wednesday as it spread to more than 60 countries, disrupting ports from Mumbai to Los Angeles and halting work at a chocolate factory in Australia.
Risk-modeling firm Cyence said economic losses from this week’s attack and one last month from a virus dubbed WannaCry would likely total US$8 billion. That estimate highlights the steep tolls businesses around the globe face from growth in cyber attacks that knock critical computer networks offline.
“When systems are down and can’t generate revenue, that really gets the attention of executives and board members,” said …read more
Source: Free Malaysia Today