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ARTICLE · 27 MARCH 2018

Cyber Security In The Bank Sector: Can IT Outsourcing Help?

Recently, the functioning of information systems in the world has revealed the problem of insufficient protection against computer viruses. BadRabbit, WannaCry, Petya and others...

UkraineTechnology
Anastasiia Pavlovska
Anastasiia Pavlovska
Zarina Khalimon
Zarina Khalimon
Author LinkedIn connections

 Recently, the functioning of information systems in the world has revealed the problem of insufficient protection against computer viruses. BadRabbit, WannaCry, Petya and others unexpectedly surprised and paralyzed the computer systems of various institutions and enterprises. Their developers, although they had different purposes and methods of implementing viruses, have been basing their efforts on common ground - the shortcomings and weaknesses of cyber security systems. The mechanism of action of the virus Petya, which in a few days caused millions of dollars of losses both to Ukrainian businesses and government institutions, is the most illustrative in this issue. The virus affected a popular accounting software program M.E.Doc., gaining access to the administrative rights controlling computer systems and freely distributing its own copies.

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