Gov't issues warnings against WannaCry ransomware

While banks and critical organisations have tightened their security systems following the global WannaCrypt ransomeware assault of the weekend, there is a blame game brewing in the U.S. over who was responsible. They used a stolen tool reportedly developed by the National Security Agency to exploit a hidden weakness in the Windows operating system and spread their "ransomware" to computers far and wide.

But researchers at security firm Proofpoint said that a related attack that exploits the same vulnerability that powered WannaCry has turned more than 200,000 computers into digital currency miners.

Although the argument that it's the NSA's fault has merit, Microsoft should shoulder blame too, according to Alex Abdo, staff lawyer at the Knight First Amendment Institute at Columbia University.

In addition to the UK's NHS, the WannaCrypt ransomware also hit Spain's Telefonica telco and other companies in Russia, Spain, Taiwan and Ukraine, according to the security firm Malwarebytes.

For these reasons, it is not likely to face legal issues concerning the flaws in Windows being taken advantage of by the ransomware. Over the weekend the company took the unusual step of releasing a similar patch for Windows XP, which the company announced in 2014 it would no longer support. Those include a known and highly risky security hole in Microsoft Windows, tardy users who didn't apply Microsoft's March software fix, and malware created to spread quickly once inside university, business and government networks.

In other words, if people had simply stayed on top of security updates, their machines would not have been infected. When this happens, you can't get to the data unless you pay a ransom. However, many targeted organizations had not yet implemented the security update or were using Windows XP, a legacy system for which Microsoft no longer issues security patches. (These are the most important patches that the company recommends users install immediately.) That could saddle the company with the XP albatross for many years past when it hoped to be free from having to maintain the software. However, the outdated software of ATMs was least affected. "That's going to become a more common practice".

Avoid clicking on suspicious emails: Many ransomware attacks are initiated through an infected link in or attached to an email.

Home Depot Cruises On E-Commerce Strength
Deere & Company (DE) have shown a high EPS growth of -6.20% in the last 5 years and has earnings decline of -16.60% yoy. The business had revenue of $23.89 billion for the quarter, compared to analyst estimates of $23.74 billion.

On Monday, private-sector sleuths found a clue about who might be responsible for the WannaCry attack.

Computer security experts said the current attack could have been much worse but for the quick action of a young researcher in Britain who discovered a vulnerability in the ransomware itself, known as WanaCryptor 2.0.

On its own, the shared code is little more than an intriguing lead.

People running older software will often claim that they're clinging to it because they can't afford to buy newer computers, or because now supported operating systems conflict with another piece of software that they're using.

The remaining challenge is that Windows has a long tail - old versions stay on computers because it would either be too costly or too hard to upgrade them.

In the informative article, the company discusses the May 12, WannaCry ransomware attack and a recent ransomware warning from the 2017 Internet Security Threat Report by Symantec.

Microsoft and its non-protected users must feel chagrined. "To keep the world safe, these things have to be done". Under the Vulnerabilities Equities Process established during former President Barack Obama's administration in 2013, the NSA, CIA and other intelligence agencies are supposed to disclose security bugs rather than trying to exploit them.

Related News:

  • Senate urged to 'start over' on health care

    On March 23, the GOP ultimately delayed the health care bill vote after realizing there wasn't enough support to pass it. The U.S. spent about $3.2 trillion on health care in 2015, or almost $10,000 per person.

    Man Utd fans react to Spurs defeat outside White Hart Lane

    Tottenham striker Harry Kane shoots at goal against Manchester United at White Hart Lane on Sunday. We wanted a win so badly in our last game here.
    Philippines calls for 'gentlemen's agreement' between ASEAN, China on sea code

    Philippines calls for 'gentlemen's agreement' between ASEAN, China on sea code

    Until recently, progress has been slow amid disputes over the body of water that China claims virtually in its entirety. The country's claims have been objected by neighbouring nations including Philippines, Malaysia, Brunei and Vietnam.
  • Former US Rep. Anthony Weiner faces charges in sexting case

    Former US Rep. Anthony Weiner faces charges in sexting case

    He said he ended the habit, but it resurfaced in 2013, leading him to pull out of the race for NY mayor that year. Clinton has said that Comey's announcement was part of why she lost the election.
    Ransomware attack puts renewed focus on cybersecurity

    Ransomware attack puts renewed focus on cybersecurity

    However, the latest version has one advantage: it infects other computers using an existing vulnerability in Windows' SMB portal. Vulnerabilities like the one used in the WannaCry ransomware are the result of human error when developing an operating system.
    Kerala: Women film artistes form group to fight gender disparity

    Kerala: Women film artistes form group to fight gender disparity

    The Collective has demanded that the government start courses to train women in the technical skills required for film making. In many sets, they complained that women are not even able to meet basic needs.
  • Browns sign Texas A&M's Myles Garrett, 1st overall pick

    Announced on Friday, Garret has signed his four year contract worth $30.4 million, including a $20.2 million signing bonus. The Browns signed the top pick in the 2017 NFL Draft pick Myles Garrett.
    Rs. 45 crore in recalled notes seized in Chennai

    Rs. 45 crore in recalled notes seized in Chennai

    Subsequently, they seized four gunny bags in which the money - in the scrapped Rs 500 and Rs 1000 denominations - was stuffed. The police said that this case might get shifted either to the I-T department or the Directorate of Revenue Intelligence.

    Clinton aide tweets joking video of her practicing avoiding a hug

    Well, now, thanks to some great behind-the-scenes video, we know that was also on the minds of the Clinton campaign. Comey's efforts failed when Trump finally noticed him and pulled him in for an uncomfortable embrace.
  • UN Chief Condemns North Korea Ballistic Missile Launch

    UN Chief Condemns North Korea Ballistic Missile Launch

    In all, six sanction resolutions have been imposed on North Korea, since it carried out its first nuclear test in 2006. Following that launch, Washington began talks with North Korean ally China on possible new United Nations sanctions.

    Trump calls Russian Federation probe political 'witch hunt'

    He was so valued that President Barack Obama asked him to stay on two years longer than his 10-year term. Added Polis: "Good first step, but we still need an independent, nonpartisan commission".

    Joe Lieberman Is Top Pick for FBI Director

    The updates came from Trump as he addressed the media after a White House meeting with Colombian President Juan Manuel Santos. Trump has suggested he'd like to name Comey's successor before he leaves Friday for his first overseas trip as president.


Most liked

Flynn not complying with Senate Intel Committee's subpoena
Asked about his opinion of the president now, Flynn reiterated his loyalty to Trump. Reuters could not immediately verify the report .

U.S. warplanes strike Syrian pro-government militia convoy
A USA defence official said the convoy had not responded to numerous warnings that it was "getting too close to coalition forces". Syria's ally Russia said on Friday that the strike had hit civilians and was unacceptable, Russian news agencies reported .

Valeant Pharmaceuticals International (VRX) And Actavis Agrees To Stay Outstanding Litigation
To measure price-variation, we found VRX's volatility during a week at 8.05% and during a month it has been found around 7.07%. BTIG Research reaffirmed a "neutral" rating on shares of Valeant Pharmaceuticals Intl in a report on Wednesday, May 10th.

Zabaleta set for fond send-off at City, Toure still in dark
Delph has not played since the victory over Hull City on April 8 because of a leg problem, and will miss the end of the campaign. He has helped the club to where it is right now.

Where Bank of America Corp (NYSE:BAC) Stands on Analytical Review Chart?
Bank of America Corporation (BAC) has a market capitalization of 239.44 Billion while its Major Index membership is at S&P 500. Wealthcare Mngmt Ltd holds 3,060 shares or 0.01% of its portfolio. 991,937 are held by Netols Asset Management Inc.

Ford plans to cut 10pc United States workforce
That news followed the release of the company's first-quarter earnings which tumbled 35 percent, to $1.6 billion, year-over-year. But the company is still moving ahead with plans announced previous year to shift all small auto production to Mexico.

United States democracy 'under assault by Donald Trump' after James Comey firing
Then, on Friday, Trump threatened Comey to stay silent - floating the possibility that "tapes" might exist of their conversations.

US Senator Sees No Evidence of Widespread Voter Fraud in 2016 Elections
He has long claimed that there's widespread illegal voting by noncitizens in the US , despite the lack of evidence . None of the likely participants had been contacted by the administration when NPR reported on the issue in March.

Tottenham fans react to Moussa Sissoko's performance vs Leicester
I've got to go out against Hull and get four more , hopefully. "To score four and to play how we did...the team was incredible". But there is still one game to go and I'm sure he's determined to score a hat-trick on Sunday. "I felt good.

Lawrence O'Donnell confirms that he might leave MSNBC
Industry sources reported earlier in the week that O'Donnell and MSNBC had not engaged in talks of a new contract. MSNBC's negotiators may be trying to extract various concessions, like a annual lower salary than O'Donnell wants.

Mourinho: I won´t make mistakes in my second season
Jose Mourinho has admitted he will rest players in order to place emphasis on the Europa League final. Marouane Fellaini is the question mark; we wait for today's scans, we decided not to do it yesterday.

Albanian politicians postpone parliamentary vote to June 25
Likewise, the postponed Kavaja municipality by-elections will take place on the same day with the general elections, i.e. The opposition has had to abandon its demand for Rama to step down as Prime Minister, however.

Sweden Drops Rape Investigation Into Julian Assange
The 45-year-old Australian computer hacker was wanted in Sweden for questioning over a rape allegation stemming from a 2010 visit. The prosecutor, Marianne Ny, told a news conference in Stockholm that she could make no judgment on Assange's guilt or innocence.

Jose Mourinho: Manchester United boss should stop moaning - Phil Thompson
It's as simple as that. "And hopefully nobody will complain because we have a final three days later". So I'm happy with the situation today. "I told them exactly that", said Mourinho.

South Sudan government forces killed 114 civilians, UN says
The U.N. called on all sides to lay down their arms and for the government to investigate abuses and prosecute those responsible. The new report says opposition forces also have been responsible for abuses in South Sudan's conflict, now in its fourth year.