China hit by cyber virus, Europe warns of more attacks

The WannaCry ‘ransomware’ cyber attack hobbled Chinese traffic police and schools on Monday as it rolled into Asia, while authorities in Europe said they were trying to prevent hackers from spreading new versions of the virus.

In Britain, where the virus first raised global alarm when it caused hospitals to divert ambulances on Friday.Shares in firms that provide cyber security services rose with the prospect that companies and governments would have to spend more money on defenses.

Some victims were ignoring official advice and paying the $300 ransom demanded by the cyber criminals to unlock their computers, which was due to double to $600 on Monday for computers hit by Friday’s first wave.