Thursday, 23 November, 2017

Ransomware attack 'like having a Tomahawk missile stolen', says Microsoft boss

Kayla Schwartz | 16 May, 2017, 08:39

The NSA and White House did not immediately respond to requests for comment about the Microsoft statement.

Computing giant Microsoft said the attack should be treated around the world as a "wake-up call", saying software vulnerabilities hoarded by governments have caused "widespread damage".

Australia, according to the Prime Minister's special adviser on cyber security, Alastair MacGibbon, has missed the worst of the "WannaCry" virus - a massive global cyber "ransom" attack affecting 150 countries and hundreds of thousands of users - but he is expecting more Australian victims to turn up on Monday.

New versions of the worm are expected, the experts said, and the extent - and economic cost - of the damage from Friday's attack were unclear.

Senior US security officials held another meeting in the White House Situation Room on Saturday, and the Federal Bureau of Investigation and the NSA were working to help mitigate damage and identify the perpetrators of the massive cyber attack, said the official, who spoke on condition of anonymity to discuss internal deliberations.

The investigations into the attack were in the early stages, however, and attribution for cyberattacks is notoriously hard.

More than 200,000 victims in around 150 countries have been infected by the ransomware which originated in the United Kingdom and Spain on Friday before spreading globally.

Infected computers appear to largely be out-of-date devices that organisations deemed not worth the price of upgrading or, in some cases, machines involved in manufacturing or hospital functions that proved too hard to patch without possibly disrupting crucial operations, security experts said.

Apple to Update Apple Watch With Glucose Monitoring, Smart Bands?
It's uncomfortable, hard and painful, and there are not presently any widely available noninvasive methods that are accurate. Now fans are already eager to know what the company's next move is for the upcoming Apple Watch 3.

Technical staff restored data and replaced security patches over the weekend at trusts across the country, Mr Wallace said.

Microsoft said it had released a Windows security update in March to tackle the problem involved in the latest attack, but many users were yet to run it.

Europol, the pan-European Union crime-fighting agency, said the threat was escalating and predicted the number of "ransomware" victims was likely to grow across the private and public sectors as people returned to work on Monday.

The NSA keeps a chest of cyberweapons to itself so it can hit targets, but Microsoft has long argued that this is risky.

He told BBC Breakfast the Government had put £1.2 billion into combating cyber attacks during the last strategic defence and security review, including a £50 million pot to support NHS IT networks.

"The very nature of this particular malware, this sort of ransomware attack, is very potent because unlike more routine ones this one has used a sort of worm to exploit the operating system and bolted on a ransomware so that it spread incredibly quickly in hours not weeks or days", Wallace said. The hospital said it expected big queues on Monday when about 500 people were due to register.

Researchers remained on high alert for new variants that could lead to a fresh wave of infections. News.com.au reported the minister told reporters in Cairns that the challenge was that there were various instances of ransomware in Australia every week and authorities were now seeking to confirm whether these are the same thing that hit the United Kingdom.

Recommended

  • Beijing pledges $124B for modern 'Silk Road'

    It has rejected criticism by some Western diplomats who see the plan as an attempt to promote Chinese influence globally. They also accuse Beijing of maintaining protectionist policies that favor Chinese business and geopolitical interests.

    'King Arthur' conjures up a loopy legend

    He was a convincing King Arthur, Charlie Hunnam would be ideal for Game of Thrones - but he initially turned the show down. King Arthur: Legend Of The Sword is released in United Kingdom cinemas May 19, previews May 17 & 18.

    Security Researcher Temporarily Stops WannaCry Global Ransomware Attack Dead In Its Tracks

    The ransomware which took control of users' files, spread to 100 countries, including Spain, France and Russian Federation . In this May 12, 2017 photo, a display panel with an error can be seen at the main railway station in Chemnitz, Germany.
  • UK's opposition Labour leader Corbyn says he is not

    Turning his attention to Theresa May, he accused the Tory leader of "pandering" to the "erratic" Trump administration in the US. In a swipe at Mrs May, he will say: "Waiting to see which way the wind blows in Washington isn't strong leadership".
    LS Investment Advisors LLC Boosts Stake in Vertex Pharmaceuticals Incorporated (VRTX)

    LS Investment Advisors LLC Boosts Stake in Vertex Pharmaceuticals Incorporated (VRTX)

    The pharmaceutical company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.09. BMO Capital Markets upgraded Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) on Wednesday, March 29 to "Outperform" rating.

    Global cyber attack affects 200000 victims - Europol chief

    The ransomware was created to repeatedly contact an unregistered domain in its code. Technical staff scrambled yesterday to patch computers and restore infected ones.
  • Australia considering laptop ban on worldwide  flights

    Australia considering laptop ban on worldwide flights

    Prime Minister Malcolm Turnbull told reporters in Adelaide that Australia was looking at the US ban, which was announced in March, "very closely".

    Europol Reports More than 200000 Affected by Cuber Attack

    The other is to disable a type of software that connects computers to printers and faxes, which the virus exploits, O'Leary added. Reports indicate the cyber attack has affected more than 200,000 organizations in about 150 countries .
    Melissa McCarthy, Alec Baldwin return to 'SNL'

    Melissa McCarthy, Alec Baldwin return to 'SNL'

    At that, McCarthy's Spicer loses it, and takes his moving podium to the streets of NY "to find Trump". The first blast of the show's satire went to Trump's axing of FBI Director James Comey .
  • Australia unveils massive new shipbuilding plan

    Australia unveils massive new shipbuilding plan

    According to the report, there will need to be $1.3 billion worth of upgrades to shipyards in South and Western Australia, which will be funded through taxpayers. "As the naval shipbuilding plan says with our shipbuilding in the past we have had a boom and bust cycle ... it's coming to an end".
    Pakistan challenges ICJ jurisdiction over Jyadav's conviction

    Pakistan challenges ICJ jurisdiction over Jyadav's conviction

    Vienna Convention provisions on consular access were not intended for a "spy" involved in terror activities, Pakistan asserted. Sources say that it was Salve who voluntarily offered to charge just Rs 1 to argue India's case on behalf of Jadhav.

    Clark to continue governing B.C.

    Asked about reports of bad blood between the two men, Weaver said that he and Horgan are both "passionate" people. But it may be a while before British Columbians know which way the power will shift in the province.

England hospitals hit by coordinated ransomware attack Russian Interior Ministry, which runs the national police, said the problem had been "localized" with no information compromised. Instead, it loaded scripts onto hacked websites where users who clicked on a malicious link would be infected directly.

NHS Trusts in Lancashire cancel and postpone appointments after cyber attack Microsoft released patches last month and on Friday to fix a vulnerability that allowed the worm to spread across networks. The bureau had raised its cyber security of critical infrastructure, government departments and key businesses, it added.

IShares, Inc. - iShares MSCI Japan ETF (ARCA:EWJ) Value Score in Focus IShares, Inc. - iShares MSCI Japan ETF (ARCA:EWJ) Value Score in Focus Another key indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE. A high ROIC number typically reflects positively on company management while a low number typically reflects the opposite.

'Excess' vehicle pollution killed 38000 in 2015 'Excess' vehicle  pollution killed 38000 in 2015 Others included faulty engine calibration, poor maintenance, tampering by vehicle owners, and sub-standard certification testing. The group determined that this was the cause of those 38,000 premature deaths due to heart and lung disease and strokes.

Red Hot Chili Peppers drummer sings 'The Victors' at Ohio State show Red Hot Chili Peppers drummer sings 'The Victors' at Ohio State show No matter if you are a huge Red Hot Chili Peppers fan or not, he definitely gets two thumbs up from MI fans for this bold move. Chad also talked about his childhood saying, "Growing up, Michigan was definitely more popular than Michigan State".

Penalty pain for Hull as relegated Tigers set Premier League record Penalty pain for Hull as relegated Tigers set Premier League record I will give my opinion to the board and the chairman to understand what the club needs to do differently", the Portuguese said. I have had two years of living in the city so you do notice there is a separation between the supporters and the ownership.

Numbers in on Lingering WannaCry Attack Then they demand ransom from the owner/operators of the computer system and don't leave the system until the ransom is paid. Latest estimated has suggested that up to 75,000 people in 100 countries are affected by this huge NHS cyber attack .

Trump may pick new Federal Bureau of Investigation director within a week USA officials have told Reuters they have always been concerned about disclosing highly classified intelligence to Trump. Aides were also eager for Trump's first foreign trip, a high-stakes blitz through the Middle East and Europe.

Positive News Coverage Very Likely to Affect Xerox Corp (XRX) Share Price Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Xerox Corp by 0.4% in the fourth quarter. In other news, insider Yehia Abouelmaaty Omar sold 29,375 shares of the firm's stock in a transaction dated Monday, May 1st.

United Nations to hold emergency meeting after North Korean missile launch South Korean President Moon Jae-in has strongly condemned rival North Korea's missile test-launch as a "clear" violation of U.N. Earlier, Japanese officials said the missile landed in the Sea of Japan but outside the country's exclusive economic zone.

Trump 'raises concerns' with Abbas on prisoner payments Abbas said, however, that there could be no peace with the establishment of a secure Palestinian state. Trump did not discuss any of those issues Wednesday.

Korea declares success with test of missile capable of carrying nuclear warhead Korea declares success with test of missile capable of carrying nuclear warhead South Korean President Moon Jae-in has strongly condemned rival North Korea's missile test-launch as a "clear" violation of U.N. Russia's concerns on North Korea recently have centered around concerns President Trump might attack them unilaterally.

Saudi Arabia may extend oil output cuts beyond 2017 To help meet this demand, state oil company Saudi Aramco will invest $7 billion in a refinery-petrochemical project with Malaysia's Petronas.

Conservatives make strong gains in United Kingdom local elections Labour remain the biggest party on Bridgend council, with 26 seats, but the Conservatives, who only had one seat, now have 11. Independence Party, whose animosity to the European Union helped drive Britain out of the bloc, was all but wiped out.

Pablo Zabaleta to leave Manchester City Gareth McAuley is a fresh injury absentee for West Brom's trip to the Etihad to face Manchester City. "And we go to Watford". In the first half we were good and it was a shame to concede an incredible goal.