(Reuters photo)LONDON -- Chinese media are reporting that the global “ransomware'' virus attacked many university networks in China. The attack that began Friday is believed to be the biggest online extortion attack ever recorded, disrupting computers that run factories, banks, government agencies and transport systems. A young British cybersecurity researcher discovered a so-called “kill switch'' for the attack, limiting the damage. As terrifying as the unprecedented global "ransomware'' attack was, cybersecurity experts say it's nothing compared to what might be coming - especially if companies and governments don't make major fixes. Had it not been for the young cybersecurity researcher's accidental discovery of a so-called “kill switch", the malicious software likely would have spread much farther and faster that it did Friday.

Source: Bangkok Post May 14, 2017 10:30 UTC