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Stock impact report

U.K. blames Russia for crippling cyberattack [CNNMoney.com]

WPP plc American Depositary Shares (WPP) 
US:NYSE Investor Relations: wpp.com/wpp/investor/financialnews
Company Research Source: CNNMoney.com
U.K. blames Russia for crippling cyberattackThe British government says that Russia was behind a massive global cyberattack that hit major companies in June 2017.Foreign Office minister Tariq Ahmad said in a statement on Thursday that the Russian military was responsible for the attack, which initially targeted computers in Ukraine but quickly spread beyond its borders.The attack -- called NotPetya -- hit companies including British advertising group WPP(WPP), Oreo makerMondelez (MDLZ), U.S. drugmakerMerck (MRK) and global shipping companyFedEx (FDX)."The destructive attack masqueraded as ransomware, but its purpose was principally to disrupt," the U.K. government said in a statement."The decision to publicly attribute this incident reiterates the position of the U.K. and its allies that malicious cyber activity will not be tolerated," it added.Related: The hacks that left us exposed in 2017Ahmad said the attack had disrupted organizations across Europe, costing them hundreds of mi Show less Read more
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