The Petya cyber attack, which struck organisations in more than 60 countries, has set alarm bells ringing for corporations and security agencies across the world. The virulence of the attack has raised fears of a new and dangerous escalation of the global cyber arms race.
Petya is the name given to the aggressive cyber attack which began in Ukraine on June 27, and spread to affect many of the world’s largest companies.
Variants of Petya have been used in limited attacks for the past year, but this one was different. The malware was boosted with a suite a powerful capabilities and its operators used a more complex method of delivery than seen previously.
The malware attack looked like a form of ransomware — it encrypts its victims’ files and demands a ransom — but is in fact purely destructive in nature.