The Group of Seven (G7) summit in
Taormina on May 26-27 has a "strong mandate" to discuss the next
moves in cybersecurity after a string of international hack
attacks, Economy Minister Pier Carlo Padoan said after the
financial G7 in Bari at the weekend.
He said the Bari gathering "has issued a strong mandate to
continue the work in the sphere of cybersecurity".
In the latest attack, a virus known as WannaCry infected
machines across 150 countries Friday.
It is known as ransomware which is a malicious piece of
software that encrypts a user's files then demands them pay
money to unlock them.
In this case, the hackers asked for $300 worth of bitcoin.
But the hackers who locked files on 200,000 computers
globally and asked for the bitcoin ransom payment to unlock
them, have only made around $50,000, an industry source told
CNBC Monday, despite the large scale of the attack.
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