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giftedviz.com July 27, 2017


WannaCry is your fault — Microsoft to NSA

19 May 2017, 02:47 | Ross Houston

Mikko Hypponen, chief research officer at the Helsinki-based cybersecurity company F-Secure, said ransomware attacks like WannaCry are "not going to be the norm". This attack, different from many known cyberattacks, hit everybody where it really hurts: data.

This attack, however, is an indication that as technology gets more enabling and efficient, it'll also need higher security standards in order to battle the sophisticated attacks.

Europol said Saturday that the attack was of an "unprecedented level and requires worldwide investigation". "It's a massive reminder to sectors right across the world cyber security should be a topline strategic priority". It surfaced on Friday and locked users out of their computers by encrypting important files - leaving only one way out i.e.by paying $300 of ransom in Bitcoin.

Neino of Kryptos Logic, for instance, said the leak of the NSA hacking tools have significantly narrowed the gap between nations and individuals or cyber gangs.

The timing of EternalBlue has raised questions for experts because Microsoft made history by cancelling Patch Tuesday in February then released the fixes for the EternalBlue flaws in a March 2017 Patch Tuesday bulletin about one month before the Shadow Brokers unlocked the full details of the EternalBlue exploit. But without the ability to receive security-focused software updates, those systems are left at risk.

The subject of all of this hassle, the WannaCry worm has affected at least 200,000 Windows machines around the globe since Friday, leading to the disruption of systems from FedEX corp to Britain's National Health Service and even auto factories.

Chris Wysopal, of the software security firm Veracode, said criminal organisations were probably behind the attack, given how quickly the malware spread. The NHS said in a statement on Saturday that there was no evidence that patient information had been compromised.

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"There is a lack of transparency in India, in-spite of a mandatory requirement for banks and listed companies to disclose cyber-attack, however, very few banks and companies do that", Tushar Ajinkya, Partner, DSK Legal, told ET.

The effects were felt across the globe, with Russia's Interior Ministry and companies including Spain's Telefonica, FedEx Corp.in the US and French carmaker Renault all reporting disruptions.

The assault, which began Friday and was being described as the biggest-ever cyber ransom attack, struck state agencies and major companies around the world - from Russian banks and British hospitals to FedEx and European auto factories. It's part of a piece of code called Ransomware (which says everything you need to know about it).

China Daily said that National Security Agency of U.S. should carry some responsibility for the attack which marks susceptibilities in Microsoft Corp systems and has septic about 30,000 Chinese officialdoms till Saturday.

Consumers who have up-to-date software are protected from this ransomware.

Make sure automatic updates are enabled, and downloaded regularly. Here's how to turn automatic updates on.



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