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24 Hours Later: "Unprecedented" Fallout From First Global, Coordinated Ransomware Attack

24 Hours Later: "Unprecedented" Fallout From First Global, Coordinated Ransomware Attack

Less than 24 hours after it first emerged, it has been called the first global, coordinated ransomware attack using hacking tools developed by the NSA, crippling over a dozen hospitals across the UK, mass transit around Europe, car factories in France and the UK, universitied in China, corporations in the US, banks in Russia and countless other mission-critical infrastructure.

Privatization: The Real Way To Make American Infrastructure Great Again

Privatization: The Real Way To Make American Infrastructure Great Again

When it comes to infrastructure, BlackRock’s CEO, Larry Fink, has it right. The head of the world’s largest asset management company, and a member of President Trump’s Strategy and Policy Forum, is beating the privatization drums. As Fink recently put it: "These [infrastructure] projects must deliver competitive returns and that will often require efficiencies that can only be achieved through private ownership.” Hopefully Fink delivered that message in April at the Strategy and Policy Forum at the White House.

Global Ransomware Attacks 74 Nations - Used NSA Hacking Tools "At A Scale Never Seen Before"

Global Ransomware Attacks 74 Nations - Used NSA Hacking Tools "At A Scale Never Seen Before"

The ransomware has been identifed as WannaCry

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Update 2: Security firm Kaspersky Lab has recorded more than 45,000 attacks in 74 countries in the past 10 hours. Seventy-four countries around the globe have been affected, with the number of victims still growing, according to Kaspersky Lab. According to Avast, over 57,000 attacks have been detected worldwide, the company said, adding that it "quickly escalated into a massive spreading."

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