Just weeks after the WannaCry virus wreaked havoc across the world, another ransomware attack—wherein users are locked out of their computer systems and have to pay a ransom to be let back in—is currently underway. Institutions and networks in Ukraine, Spain, France, Russia and the UK have been affected. In India, the shipping terminal operated by AP Moller-Maersk at the Jawaharlal Nehru Port Trust (JNPT) has taken a hit as a result of breaches at the maritime giant’s office in The Hague.

It may be too early to gauge the extent of the attack, but there is enough proof of how deadly these attacks can be, with the potential to take down hospitals, power stations, stock exchanges and public transport systems. In the ensuing chaos, the damage can extend beyond the economic to the human. This latest attack is a reminder of how important it is for corporations and governments to develop hardened cybersecurity systems and robust responses to cyberattacks— especially in a country like India that is seeking to leverage digital technologies for development.

Close