• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Techransomware

WannaCry: Everything You Need To Know About the Ransomware Sweeping the Globe

By
David Z. Morris
David Z. Morris
Down Arrow Button Icon
By
David Z. Morris
David Z. Morris
Down Arrow Button Icon
May 14, 2017, 12:29 PM ET

A massive cyberattack has been spreading across the globe since Friday, hitting hundred of thousands of computers and crippling major government and corporate operations. The malware is known as WannaCry, and here’s what you need to know.

Isn’t the Attack Over?

Absolutely not. There were widespread reports on Saturday that a security researcher had discovered a “kill switch” that stopped the ransomware from spreading, but that’s only partly true. The kill switch certainly slowed WannaCry down, but it only stopped some of the ways the malware could spread. And Kaspersky Lab security researchers confirmed within hours that new versions of the malware had been detected which were not stopped by the kill switch. The ransomware spread to thousands more computers on Monday morning, as companies continued to cope with the fallout of the initial attack, the Associated Press reported.

What Does WannaCry Do?

WannaCry is ransomware, a growing category of extremely heinous malware. Once it has activated on a machine, it encrypts the files on that machine so they are inaccessible. Then it instructs the owner to pay a ransom in Bitcoin in exchange for unlocking the files.

Get Data Sheet, Fortune’s technology newsletter.

Who Is it Targeting?

Broadly speaking, WannaCry exploits vulnerabilities in older Windows operating systems, including Windows XP. Microsoft issued a patch for those systems on Friday, but that didn’t stop it from hitting more than 200,000 machines in 150 countries. That has included dozens of large institutions and companies, including the U.K.’s National Health Service, China’s National Petroleum Corporation, and Renault factories in France.

How Can I Protect Myself?

If any of your personal or corporate systems run an older version of Windows (XP, 8, or Server 2003 specifically), you or your admins should immediately install Microsoft’s new security update. You should also, as always, remain extremely careful about opening any email attachments, from known or strange sources. But the truly scary thing about WannaCry is that it can reportedly spread over local networks without user interaction. Some authorities—including the government of Indonesia—are suggesting disconnecting unprotected machines from the Internet.

Is There a Fix If My Computer Is Infected?

Short answer: No. Security firms are getting better at decrypting files from ransomware attacks, but there are as yet no reputable decryptors (tools for removing ransomware) for WannaCry—though that could change at any time. And don’t get tricked twice. Hackers could even use the promise of a WannaCrypt fix as bait for further infections, so be extremely skeptical. Also, according to McAfee researchers, WannaCry deletes so-called ‘Volume Shadow’ backups that can sometimes be used to restore files.

That said, there is one unsavory option here: pay the ransom. WannaCry demands $300 in Bitcoin to unlock files on a machine, and hackers running ransomware have historically proven remarkably trustworthy in fulfilling their end of that bargain. (Whether paying is the ethical move is a big, thorny debate.)

Where Did It Come From?

WannaCry is believed to have been created with the (unintentional) assistance of the U.S. National Security Agency. An NSA exploit known as EternalBlue, part of an April release by a hacking group called the Shadow Brokers, is at its core.

Why Would Someone Do This?

To make money, though that doesn’t seem to be working out so well. While global financial damages from the attack could easily climb into the hundreds of millions, the (publicly viewable) Bitcoin addresses collecting ransom for the attackers are almost comically light: at this writing, they contain barely over $34,000 worth of Bitcoin.

About the Author
By David Z. Morris
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Close cropped images of Sam Altman alongside an actor playing him.
AIFilm Industry
A filmmaker deepfaked Sam Altman for his movie about AI. Then things got personal
By Beatrice NolanJanuary 16, 2026
14 hours ago
C-SuiteFortune 500 Power Moves
Fortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsJanuary 16, 2026
17 hours ago
SuccessCareer Advice
Jensen Huang tells Stanford students their high expectations may make it hard for them to succeed: ‘I wish upon you ample doses of pain and suffering’
By Orianna Rosa RoyleJanuary 16, 2026
17 hours ago
powell
BankingFederal Reserve
‘We are Jerome Powell’: Gen Z finds an unlikely meme hero in the Fed chair via AI songs and fan edits
By Eva Roytburg and Nick LichtenbergJanuary 16, 2026
18 hours ago
depa
CommentaryConsulting
Adaptability is the new job security and 4 more future AI trends from EY’s global chief innovation officer
By Joe DepaJanuary 16, 2026
18 hours ago
Former OpenAI CTO and now cofounder and CEO of Thinking Machines Mira Murati
AIMira Murati
Wave of defections from former OpenAI CTO Mira Murati’s $12 billion startup Thinking Machines shows cutthroat struggle for AI talent
By Jeremy Kahn and Sharon GoldmanJanuary 16, 2026
18 hours ago

Most Popular

placeholder alt text
Europe
Americans have been quietly plundering Greenland for over 100 years, since a Navy officer chipped fragments off the Cape York iron meteorite
By Paul Bierman and The ConversationJanuary 14, 2026
2 days ago
placeholder alt text
Economy
America’s $38 trillion national debt is so big the nearly $1 trillion interest payment will be larger than Medicare soon
By Shawn TullyJanuary 15, 2026
2 days ago
placeholder alt text
Health
The head of marketing at Slate posted on LinkedIn requesting cleaning services as a benefit at her company. The next day, HR answered her call
By Sydney LakeJanuary 15, 2026
2 days ago
placeholder alt text
Politics
Anthony Scaramucci thinks Trump's 'hard-left' move to cap credit-card fees is because he's 'texting back and forth with Mayor Mamdani'
By Nick Lichtenberg and Eva RoytburgJanuary 16, 2026
15 hours ago
placeholder alt text
Politics
Ford CEO Jim Farley says the White House will 'always answer the phone,' but needs Trump to do more to curtail China’s threat to America's autos
By Sasha RogelbergJanuary 16, 2026
1 day ago
placeholder alt text
Politics
The Nobel Prize committee doesn't want Trump getting one, even as a gift—but they treated Obama very differently
By Nick LichtenbergJanuary 16, 2026
11 hours ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.