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

Everything to Know About The Latest Worldwide Ransomware Attack

Robert Hackett
By
Robert Hackett
Robert Hackett
Down Arrow Button Icon
Robert Hackett
By
Robert Hackett
Robert Hackett
Down Arrow Button Icon
June 27, 2017, 3:57 PM ET

Meet the sequel to WannaCry, the wide-ranging ransomware attack that crippled businesses around the globe last month.

On Tuesday, another widespread ransomware attack began halting unprepared businesses in their tracks. The new attack uses the same method of propagation as WannaCry: A leaked hacking tool called Eternal Blue, which has been linked to the U.S. National Security Agency.

One of the major differences between the two attacks is that the most recent event does not yet appear to be susceptible to a hardcoded “kill switch.” That means it may prove harder to overcome.

Security experts have been warning organizations that failed to apply security patches to their Microsoft Windows-based computer systems that it was only a matter of time before another digital siege surfaced. It seems their predictions have borne true.

Get Data Sheet, Fortune’s technology newsletter.

Here’s a quick FAQ to get you up to speed.

What has happened?

A wave of ransomware attacks spread like wildfire on Tuesday. Many Microsoft Windows-based computers—specifically, ones not protected against a vulnerability in a Microsoft messaging protocol called SMB-1—began seizing up worldwide, locking employees out of their desktops, and displaying ransom notes.

Unable to access their files and folders, workers and managers were greeted by on-screen demands for payment of $300 in Bitcoin, a digital currency often used by cyber extortionists because it’s easy to send and hard to track.

Who has been affected?

The attack struck organizations in the U.S., Australia, Italy, Germany, Poland, Ukraine and Russia. Costin Raiu, director of global research at Russian security firm Kaspersky Labs, posted a bar graph on Twitter showing the geographic distribution of victims, according to what his firm could measure. (Kaspersky’s customer base skews towards Russian-speaking countries, which might explain the spread.)

https://twitter.com/craiu/status/879727503157473281

Some of the affected companies include Maersk (AMKBY), the Danish shipping giant, Rosneft, the Russian oil company, WPP, the British advertising agency, and Merck (MRK), the U.S. pharmaceutical giant. There are reports that the attack has also affected banks, hospitals, governments, airports, and other organizations.

What is Petya?

Initial analyses suggested that the latest wave of attacks involved malware based on Petya, a type of ransomware that first surfaced last year. Further investigations have disputed this analysis. In lieu of a better name, some cybersecurity firms, such as Kaspersky, have begun referring to the latest malware as “NotPetya.”

Jeremiah Grossman, chief security strategist at the cybersecurity firm SentinelOne, told Fortune there isn’t enough evidence yet to uncover the malware’s provenance. “This outbreak has similar characteristics as Petya, such as infecting the MBR [Master Boot Record, an important component of Microsoft computer hard drives] and encrypting the entire drive, however, it is not clear yet that this is a Petya variant,” he said.

How did this happen?

Companies that failed to patch their systems against the Microsoft vulnerability were open to this attack. It’s still not clear what the initial attack vector was. But once inside, the worm could spread across computer networks via the hole in Microsoft SMB-1.

It seems that many of the organizations affected by the malware operated industrial systems. These machines can be hard to patch because they run critical processes are difficult to take offline. “Organizations like these typically have a hard time patching all of their machines because so many systems simply cannot have down time,” said Chris Wysopal, cofounder and chief tech officer of Veracode, an application security firm purchased by CA Technologies earlier this year.

What can businesses do to protect themselves?

There are a few simple steps businesses can take, as the cybersecurity firm Palo Alto Networks (PANW) explains on its “threat brief” blog. First, apply Microsoft patch MS17-010. Second, block connections to Microsoft Windows’ port 445, the part of the operating system associated with the vulnerable protocol. And finally, maintain regular data backups, and use them to restore systems.

Should you pay the ransom?

This is a continual source of debate in the information security community. The general belief is, no, you should not pay the ransom. For one, there’s no guarantee extortionists will return your files. Second, funding cybercriminals will encourage them to develop similar attacks in the future.

Still, sometimes companies take a gamble and pay up in the hopes that the criminals will restore access to their files and information. In this case, it appears as though customers will not be able to reclaim their data even if they do pay up. Posteo, the email service chosen by the attackers, said it blocked the account they created, meaning the extortionists have lost their channel to communicate with victims and hand over decryption keys. Despite this, the attackers’ Bitcoin wallet had already received 28 transactions equaling 3 Bitcoins, or more than $7,000, as of 3 P.M. ET on Tuesday.

Do not pay the #Petya ransom. You will not get your files back. The email address used is blocked! @SwiftOnSecurity @thegrugq pic.twitter.com/NOzxLz0vul

— haveibeencompromised (@HIBC2017) June 27, 2017

 

About the Author
Robert Hackett
By Robert Hackett
Instagram iconLinkedIn iconTwitter icon
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

ring
LawAmazon
Amazon’s Ring decides maybe partnering with a police surveillance firm is a bad idea after wide revulsion at Super Bowl ad
By The Associated PressFebruary 16, 2026
4 minutes ago
Brian Moynihan, chief executive officer of Bank of America Corp.
EconomyJobs
Brian Moynihan isn’t so worried about an AI jobs bloodbath, pointing to a 1960s theory that computers would end all management roles
By Eleanor PringleFebruary 16, 2026
1 hour ago
hassabis
CommentaryScience
AI is transforming science – more researchers need access to these powerful tools for discovery  
By Demis Hassabis and James ManyikaFebruary 16, 2026
3 hours ago
Traders work on the floor of the New York Stock Exchange (NYSE) on February 13, 2026 in New York City.
InvestingMarkets
Trillion-dollar AI market wipeout happened because investors banked that ‘almost every tech company would come out a winner’
By Eleanor PringleFebruary 16, 2026
5 hours ago
Big TechChips
Rampant AI demand for memory is fueling a growing chip crisis
By Debby Wu, Takashi Mochizuki, Yoolim Lee and BloombergFebruary 15, 2026
16 hours ago
AIOpenAI
OpenAI hires OpenClaw AI agent developer Peter Steinberg
By Maria Paula Mijares Torres and BloombergFebruary 15, 2026
17 hours ago

Most Popular

placeholder alt text
Future of Work
Malcolm Gladwell tells young people if they want a STEM degree, 'don’t go to Harvard.' You may end up at the bottom of your class and drop out
By Sasha RogelbergFebruary 14, 2026
2 days ago
placeholder alt text
Real Estate
A billionaire and an A-list actor found refuge in a 37-home Florida neighborhood with armed guards—proof that privacy is now the ultimate luxury
By Marco Quiroz-GutierrezFebruary 15, 2026
1 day ago
placeholder alt text
Success
Meet the grandmother living out of a 400-ft ‘granny pod’ to save money and help with child care—it’s become an American ‘economic necessity’
By Emma BurleighFebruary 15, 2026
1 day ago
placeholder alt text
Economy
Social Security's trust fund is nearing insolvency, and the borrowing binge that may follow will rip through debt markets, economist warns
By Jason MaFebruary 15, 2026
17 hours ago
placeholder alt text
Economy
A U.S. 'debt spiral' could start soon as the interest rate on government borrowing is poised to exceed economic growth, budget watchdog says
By Jason MaFebruary 14, 2026
2 days ago
placeholder alt text
AI
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
By Jake AngeloFebruary 13, 2026
3 days ago

© 2026 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.