Monday, 20 November, 2017

Cyber attack could spark lawsuits but not against Microsoft (MSFT)

Kayla Schwartz | 19 May, 2017, 23:03

Businesses and networks across Asia are coping with the first wave of WannaCry during their workweek. But Cyberdome warns that there are chances for a more unsafe attack.

"Clearly having the vulnerability be in Microsoft software was one of the key elements", said Steve Grobman, chief technology officer of McAfee, a security company in Santa Clara, California. Chinese authorities say the spreading of damage to the program has slowed down. And the software is already inspiring imitators, as the Bleeping Computer site reports. "On China's most prestigious college campuses, students reported being locked out of their final papers".

Tools also exist on the user end to solve the problem of keeping track of passwords without compromising security.

Quick Heal Technologies has "detected over 48,000 MS-17-010 Shadow Broker exploit hits responsible for "WannaCry ransomware" outbreak in India", it said in a statement. Concerned that there would be a bigger attack on Monday as it is a working day.

French automaker Renault and its partner, Nissan, say their plants were hit by the attack, NBC reports. If nothing else, this recent event again brings home the critical importance of updating software and security systems in a timely manner.

China is preparing to enforce a security law that USA businesses believe will keep foreign companies out of the country because of its plan to enforce strict local data laws and surveillance requirements.

This EternalBlue vulnerability was actually first discovered by the United States security agency NSA, but the agency's hacking arsenal was stolen by the Shadow Brokers, and now the hacker group responsible for this theft has written a blogpost.

But some other technology industry executives said privately that it reflected a widely held view in Silicon Valley that the USA government is too willing to jeopardize internet security in order to preserve offensive cyber capabilities.

Theft of the software was reported in April, when it was published by the Shadow Brokers, a group that has been linked to Russian Federation.

Adam Lambert Reacts to 'American Idol' Reboot
The network, which publicly had been courting the singer , made the announcement during its upfront presentation in Manhattan. The "Chained to the Rhythm" star reiterated that she is always dedicated to "highlighting new artists on my tours".

One source of the blame: Microsoft and what it may or may not have done to protect users sufficiently. WannaCrypt, for instance, took advantage of exploits in unpatched versions of Windows.

"This was not a tool developed by the NSA to hold ransom data", homeland security adviser Bossert said at Monday's White House briefing. Security experts believe that WannaCry has initially infected computers by getting people to download it via email. Activating the domain worked as a kill switch for the malware. "At that point, it will be harder to stop new variants".

"The problem is that there are a lot of Windows computers out there that either don't have automatic updates enabled or are so outdated that Microsoft has stopped providing security updates altogether", Vox said.

Talking to leading daily Times of India, an official with a public sector bank, said,"RBI has asked banks to update specific Windows patches on ATMs urgently and not to operate ATM machines unless updates are in place".

Back up your computer and store the safety version in the cloud or on a drive that is not connected to your computer.

In addition to creating backups, organizations should take care to keep all software up to date.

Never open attachments in emails from someone you don't know.

As technology advances, organizations should do not forget to account for human fallibility.

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