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giftedviz.com April 26, 2018


WannaCry cyber attack compromised some Russian banks: central bank

20 May 2017, 01:59 | Megan Pierce

The computing giant said software vulnerabilities hoarded by governments had caused "widespread damage", the BBC reported. Rest assured, we know more about cybersecurity than we do about making puns - and we've broken down what you need to know about the WannaCry ransomware attack right here.

There was some good news: having tipped their hand on Friday, and allowing hacking countermeasures to be implemented, about 97% of United Kingdom facilities and doctors disabled by the attack were back to normal operation, Home Secretary Amber Rudd said Saturday after a government meeting.

The malware locked computers and blocked access to patient files in England's public hospitals.

In a statement, the central bank said the consequences of the hacking attack - which it did not detail - had been dealt with quickly.

Backups Enable Ransomware Recovery: In ransomware situations, backups (Eze Vault) are the only way to recover files from an attack.

"There's nothing you can do but pay once you're hit", Camacho said in an interview.

Government departments also needed to back up their data, he said. Shortly thereafter, news broke of similar infections in at least 16 organizations affiliated with the UK's National Health Service (NHS), as well as other entities across the globe.

"There are certain organizations or sectors - e.g. medical - where patching is not a simple matter", Carsten Eiram, chief research officer at vulnerability intelligence firm Risk Based Security, said via email. No company - or hospital, or university, or individual - asks to be the victim of cybercrime, but there are also things companies can do to prevent the attacks from succeeding. In March, Microsoft patched the vulnerability that the ransomware exploits - but only for newer Windows systems.

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Russia's relationship to cyber crime is under intense scrutiny after US intelligence officials alleged that Russian hackers had tried to help Republican Donald Trump win the USA presidency by hacking Democratic Party servers.

A cybersecurity researcher from the security company Proofpoint discovered an unregistered domain buried in the code of the virus, and shared his findings on social media. Moreover, up-dating system software and security programs can be more complex and costly for such entities given their sheer size, thus, exposing them to significant attacks based upon the vulnerability of their systems.

It's hard to blame Microsoft, Litan said, since it issued fixes and generally did what it should.

He believes that state-sponsored cyberespionage groups could also take advantage of the SMB flaw to plant stealthy backdoors on computers while defenders are busy dealing with the much more visible ransomware attack.

Experts anticipated that an update to the malware could be released, therefore increasing its spread.

"I'd even say this update probably already happened", he added. And the latest version of Windows installs security updates automatically, which means that if you have a relatively new Windows laptop, you shouldn't have to do anything to stay secure.

President Trump's homeland security adviser Tom Bossert told "Good Morning America" that the unprecedented global cyberattack sends an "urgent call for collective action" by governments throughout the world. When it first debuted, there were more than a few reasons why you might not want to upgrade, but as time has gone on - and as the operating system has improved - that list has gotten smaller and smaller.



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