MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

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.

YOU MAY ALSO LIKE

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...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

Countries in Asia-Pacific are marching towards ‘green recovery’ amidst Covid-19 crisis

2020 has been an unforgettable year for many of us. The ongoing Covid crisis has reminded people that it is very important to have an uninterrupted an...

Department of Telecommunication to announce the new schedule for 5G trials

Department of Telecommunications (DoT) is all set to announce the new schedule for 5G trials. The Dot made this decision after being pulled by the par...

RECOMMENDED