Saturday, 18 November, 2017

Australia largely escapes cyber attack

Ben Pena | 19 May, 2017, 22:42

Prime Minister Malcolm Turnbull's cyber security adviser, Alastair MacGibbon, said on Sunday there had been one confirmed incident in Australia, but warned it was likely more computer systems would eventually be hit. Spanish telco company Telefonica and United States delivery service FedEx have also admitted to being targeted.

Global cyber chaos is spreading Monday as companies boot up computers at work following the weekend's worldwide "ransomware" cyberattack.

French carmaker Renault was forced to stop production at sites in France, Slovenia and Romania, while FedEx said it was "implementing remediation steps as quickly as possible".

Government offices, banks and hospitals around the world are bracing themselves for a possible repeat of Friday's global cyber attack, while tech giant Microsoft pinned blame on the U.S. government for not disclosing more software vulnerabilities.

England's National Health Service said 47 organisations providing care had been hit and on Sunday afternoon seven hospitals were continuing to divert patients from the emergency room. Companies including Hitachi and Nissan Motor Co. reported problems but said they said had not seriously affected their business operations.

The government is advising Australians to back up their data and update Windows operating systems.

Meanwhile, the New Zealand government communications security bureau said it had not received any reports of the malware infection. The ransomware, called Wanna Decryptor, WCry or WannaCry, targets a Microsoft Windows vulnerability.

Terra Nova Asset Management LLC Boosts Position in Western Digital Corp (WDC)
Norges Bank acquired a new stake in shares of Western Digital Corp during the fourth quarter valued at approximately $168,304,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website .

"You are dealing with a criminal", he said.

Ryan Kalember, senior vice president at Proofpoint Inc., which helped stop its spread, said the version without a kill switch could spread.

Tens of thousands of computer were "locked" - the screens displaying the telltale ransom demand.

"We haven't fully dodged this bullet at all until we're patched against the vulnerability itself", Kalember said.

The attacks began on Friday last week, when users' computers were taken hostage by ransomware, which would not allow them to access their computers unless they paid a sum of money.

Just one click on an infected attachment or bad link would lead to all computers in a network becoming infected, said Vikram Thakur, technical director of Symantec Security Response.

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