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'WannaCry's bad cousin' is the new ransomware in town

<p>Security major Cisco labels new virus variant&nbsp;'Nyetya', says its initial identification shows it is more defiant</p>

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A laptop displays a message after being infected by a ransomware as part of the cyberattack. PIC/AFP
A laptop displays a message after being infected by a ransomware as part of the cyberattack. PIC/AFP

The computer virus that is affecting companies and institutions around the world is a new variant of ransomware called Nyetya – WannaCry's bad cousin – according to networking and security major Cisco. The new cyber attack was spreading to Asia and Australia on Wednesday.

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