WannaCry Ransomware Infections Reported Worldwide

Several major news outlets today have reported that ransomware software is rapidly infecting thousands of computers across the globe. So far, computers from countries in the US, UK, China, Russia, Spain and Italy have been infected.

Ransomware is a type of malicious software that will install itself onto a computer – unknown to the user – and prevent access to files (usually via encryption) unless the user pays a ransom. This particular strain goes by the name of “WannaCry,” however, several variations of the name exist as well.

Organizations including the UK’s National Health Service (NHS) have reportedly been hit, as well as Telefonica, a telco in Spain, and Federal Express (FedEx).

Researchers at Threatpost, part of Kaspersky Labs, have reported that attackers are using the “EternalBlue” exploit recently released by Shadow Brokers and allegedly developed by the NSA. Microsoft security bulletin MS17-010 has additional info on the issue.

Caribbean computer users (residential, business, government, et cetera), should apply the latest relevant software updates, inclusive of operating system and anti-virus, as soon as possible to reduce the risk of infection and/or data and information loss.

Sources: CNN, BBC News, Threatpost, Google

Staff Leaving Flow Operation

BRIDGETOWN, Barbados – Flow, a subsidiary of Cable & Wireless Communications (CWC), will be sending home several employees as part of a transformation programme, according to an article published by Barbados Today. Neither the number of staff, nor the terms of their separation were disclosed.

Marilyn Sealy, Flow’s Director of Communications and Stakeholder Management, said the development was part of their business transformation programme.

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Caribbean Leads Liberty Global LiLAC In Revenue, $576MM From CWC

Select Highlights from Liberty Global’s LiLAC Q1 2017:

As a percentage of total revenue, 31% came from the Caribbean, while 25, 17, 12 and 8% came from Chile, Panama, Puerto Rico and Bahamas, respectively. The remaining 7% was listed as “Other.”

From a product perspective, B2B represented 27% of total revenue, while 20, 19, 19 and  8% came from Broadband, Mobile, Video and Fixed-line Voice, respectively. The remaining 7% was listed as “Other.”

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Digicel Planning To Buy ICT Company

According to The Irish Times, Digicel is planning to purchase IDOM Technologies, an information and communication technology (ICT) business operating across French overseas territories in the West Indies and Indian Ocean. Financial details of the deal – which remains subject to regulatory approval – are unknown at this time.

IDOM provides ICT services to several hundred businesses and public sector customers. The deal also includes IDOM’s 265km of fibre-optic network across Martinique, Guadeloupe, French Guiana and La Reunion.

“Business Solutions is one of the fastest growth areas across all of our markets and this acquisition of IDOM Technologies represents an excellent strategic fit for Digicel and also speaks directly to our intentions to grow and expand our presence in the burgeoning ICT solutions space,” said Colm Delves, chief executive of Digicel.

Source: The Irish Times