Chinese media blame the US for WannaCry ransomware cyber-attack
Chinese media blame the US for WannaCry ransomware cyber-attack
19 May, 2017, 14:48
This is also a gentle reminder for users to update your device if you haven't. Now some are blaming Microsoft for this ransomware attack, and not following up on security measures.
Currently, an estimated 200,000 victims in 150 different countries are reported to have been hit by the cyberattack.
Europol said a special task force at its European Cybercrime Centre was "specially created to assist in such investigations and will play an important role in supporting the investigation".
It comes as China prepares to enforce a wide-reaching cyber security law that USA business groups say will threaten the operations of foreign firms in China with strict local data storage laws and stringent surveillance requirements.
The attack infected computers with what is known as "ransomware", software that locks up the user's data and flashes a message demanding payment to release it. The NSA tools were stolen by hackers and dumped on the internet. Microsoft swiftly announced that it had already issued software "patches" to fix those holes, but many users haven't yet installed updates or still use older versions of Windows.
Its ransom demands start at 300 dollars and increase after two hours to 400, 500 and then 600 dollars, said Kurt Baumgartner, a security researcher at Kaspersky Lab.
Radio Slovenia said Saturday the Revoz factory in the southeastern town of Novo Mesto stopped working Friday evening to stop the malware from spreading.
However, a hacker could change the code to remove the domain name and try the ransomware attack again.
The State Bank of Vietnam on May 15 confirmed that no Vietnamese credit institutions were affected by the WannaCry ransomware.
"Across the [US] federal government, about 90 percent of all spending on cyber programs is dedicated to offensive efforts, including penetrating the computer systems of adversaries, listening to communications and developing the means to disable or degrade infrastructure", Reuters reported in March.
"Global internet security has reached a moment of emergency", Qihoo360 warned.
"Recent developments have affected work at IT firms but there is no report of any company getting affected", a techie said. Two big telecom companies, Telefónica of Spain and Megafon of Russian Federation, were also hit.
The assault, which began Friday and was being described as the biggest-ever cyber ransom attack, struck state agencies and major companies around the world - from Russian banks and British hospitals to FedEx and European auto factories. "We are actively sharing information related to this event and stand ready to lend technical support and assistance as needed to our partners, both in the United States and internationally", the department said. India needs to look at some more holistic perspective with how to deal with cyber security.
"We have seen vulnerabilities stored by the Central Intelligence Agency show up on WikiLeaks, and now this vulnerability stolen from the NSA has affected customers around the world", wrote Smith in a blog post on Sunday.
Consumers who have up-to-date software are protected from this ransomware.
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