Pirated Windows is a risky bet, says security company

But there was no fix initially for Windows XP, an operating system which many customers continue to use notwithstanding its end-of-life status.

But Prime Minister Theresa May has rejected claims the Government ignored warnings the health service was vulnerable, and said the Government was putting £2bn into cyber security. The exploit surfaced online back in April with the Shadow Brokers data dump, which Microsoft had already patched on March 14. Although Microsoft has issued a patch to address the vulnerability and reports indicate that the spread of this version of Wannacry has been stemmed for the time being, this certainly won't be the last ransomware attack we see.

WannaCry is a form of malware called ransomware.

"There is simply no way for customers to protect themselves against threats unless they update their systems".

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A fast-moving ransomware variant has infected thousands of computers in at least 74 countries.

"There are plenty of reasons people wait to patch, and none of them are good", Ziv Mador, a security researcher at Trustwave's Israeli SpiderLabs and a former Microsoft researcher, told Reuters. But experts also warn that WannaCry's developers may be working on other versions that won't be easy to disable. If these companies are found guilty of being negligent on their security updates, they could be in a lot of trouble.

For those running Windows 10 or Windows Vista, Windows 7 and Windows 8.1 systems, which has automatic updates turned on, you'll remain protected from WannaCry.

Here are the steps to prevent your computer from the attack, as reported by CNET. The ransomware termed as WannaCry is so far the most severe malware attack till date, and the spread of this troubling ransomware is far from over. And while the hackers haven't made the fortune they may have envisioned, cybersecutiry companies have - as of Monday morning, cybersecurity stocks saw a major boost.

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Marcus Hutchins has been credited with stopping the WannaCry ransomware attack from spreading across the globe by accidentally triggering a "kill switch".

Once your system has ransomware, your choices are limited: pay or don't pay.

Experts say the spread of the virus had been stymied by a security researcher in the United Kingdom hackers have issued new versions of the virus that cyber security organizations are actively trying to counter and stamp out.

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