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Canada ‘lucky’ no big hits taken from world’s largest ransomware attack: expert

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globalnews.ca

ransomware attack to date hasn’t affected them more substantially so far, one cybersecurity expert said.On Friday, IT software provider Kaseya was hit with a ransomware attack that has since affected thousands of companies around the world.

Ransomware is when a company’s online system is hijacked and locked unless a ransom is paid. Kaseya ransomware attack could be record-setting as its scope widens The ransomware attack that has since been credited to the Russia-based cybergang REvil spread malware to companies that use Kaseya’s services, which ironically are supposed to protect against malware.The result is the largest global cyberattack the world has yet seen, with at least 17 countries affected, from the U.K.

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