Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Global Ransomware Attack WannaCry Forces Honda to Shut Down its Plant in Tokyo

Global Ransomware Attack WannaCry Forces Honda to Shut Down its Plant in Tokyo

The global ransomware attack WannaCry happened recently had caused a Honda plant to shut its domestic vehicle production at its Sayama plant in the northwest Tokyo recently.

As per a spokesperson talking to Reuters, Japanese multinational conglomerate Honda found that the Sayama plant was hit by the malware at various units Japan, North America, China and Europe. However, the company tried their best to handle the disaster condition in mid-May, but it seems to have returned. The Sayama plant, which makes around thousand vehicles produces models like Accord sedan, Odyssey minivan, and Step Wagon.

Officially regarded as WanaCryptor, WannaCry  is a kind of malware known as ransomware. Ransomware works by encrypting all the data on the user computer and then demanding a ransom, typically in the form of iTunes cards or bitcoin, to decrypt the data.

According to several global reports, The WannaCry attack caused a massive collision on organizations around the world. The attack has infected over 200,000 computers in 150 countries, devastating everything from hospitals to logistics firms. While it will take quite a time for forensic investigators to sieve through the fallout, in the short term the attack has provided a apt wake-up call to businesses in every industry about the significance of security.


Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...