KIEV: A global wave of cyberattacks that began in Russia and Ukraine recently wrought havoc on government and corporate computer systems as it spread to Western Europe and across the Atlantic.
Several multinational companies said they were targeted, including US pharmaceutical giant Merck, Russian state oil giant Rosneft, British advertising giant WPP and the French industrial group Saint-Gobain.
The wave of cyberattacks also impacted Maersk, a global cargo shipping company; Saint-Gobain, a French company producing glass and other construction materials; and British-based WPP.
The first reports of trouble came from Ukrainian banks, Kiev’s main airport and Rosneft, in a major incident reminiscent of the recent WannaCry virus.
In the United States, Merck was hit as was New York law firm of DLA Piper.
The companies affected were hit by a type of ransomware that locks users out of the computer and demands purchase of a key to reinstate access, Group IB said.
The cryptolocker demands $300 in bitcoins and does not name the encrypting program, which makes finding a solution difficult, Group IB spokesman Evgeny Gukov said.
In Amsterdam, the Dutch parcel delivery company TNT, which operates in 200 countries around the world, said its systems had been affected. “We are assessing the situation and are implementing remediation steps as quickly as possible,” the company, part of FedEx, said in a statement to AFP.
The fight against cyberattacks has sparked exponential growth in global protection spending, with the cyber security market estimated at $120 billion this year, more than 30 times its size just over a decade ago.
But even that massive figure looks set to be dwarfed within a few years, experts said, after ransomware attacks crippled computers worldwide in the past week.