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Ransom DDOS attacks hit Malaysian financial firms: Experts advise action plan for IT

AvantiKumar | July 17, 2017
(UPDATED 17 July 2017) Following reports of new DDOS attacks late last week, Computerworld Malaysia reached out to local security experts for advice, such as Geo-IP blocking, to IT admins and business leaders.


[Updated Sunday, 10.00am MYT, 16 July 2017]   In the last few days, the situation appears stable. CyberSecurity Malaysia has confirmed that CyberSAFE has not received any new reports apart from the four mentioned above. 

Fong told Computerworld Malaysia that:  "The brokers are now blocking international traffic. In addition, no ransom payments have been mad. The status seems OK so far. No sign of anything - except perhaps some hot air left over by the hackers last week."

This was confirmed by Rajagopal, who added: "I believe many companies  have probably taken the remediation steps seriously.  However, it'a wise to remain cautious as the attack may return in a different form."

For other recent local cybersecurity news, see:
WannaCry attacks: Former Malaysian hacker predicted healthcare target
Global ransomware attacks prompt national 'WannaCry' alert from CyberSecurity Malaysia
Crash Override, Industroyer malware: CyberSecurity Malaysia calls for critical infrastructure checks
Why Malaysia's PIKOM has not received a single WannaCry report
Is there a kill switch for the latest - Petya, EternalBlue related - global ransomware attack?
'Worrying' 96% of Malaysian companies still in cybersecurity infancy stage, IDC finds

This article will be updated as necessary: The latest edition of this article lives at Computerworld Malaysia.

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