Miércoles, 21 Febrero, 2018

WannaCry ransomware: Cash crunch hits ATMs in Bengaluru

Irune Rengel | 19 May, 2017, 22:40

The malware a ransomware called WannaCryptor 2.0 also known as WannaCry proliferates exploiting vulnerability within not so recent Microsoft Windows computers that was publicly disclosed at the time cyber tools and files from National Security Agency of us got exposed online.

They exploited a ideal storm of factors - the Windows hole, the ability to get ransom paid in digital currency, poor security practices - but it's unclear if the payoff, at least so far, was worth the trouble. Microsoft, which makes Windows, released a patch for the WannaCry vulnerability eight weeks ago, said Mr Chris Wysopal, the chief technology officer of Veracode, an application security company. The problem is that once those vulnerabilities become public, they can be used by others. Then there are those built on top of a platform of pirated software.

The argument that it's the NSA's fault has merit, according to Alex Abdo, staff attorney at the Knight First Amendment Institute at Columbia University.

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Microsoft is pointing its finger at the US Government, while many experts say the software giant is also accountable. "When a design flaw is discovered in a auto, manufacturers issue a recall".

WannaCry exploits a Windows vulnerability codenamed EternalBlue, which has been patched by Microsoft in an update deployed on March 14. "We are in touch with the original equipment manufacturers for the patches that may be required to be rolled out on the ATMs running on Windows XP and Windows 7, to make them additionally secure", said Radha Rama Dorai (Country Head - ATM & Allied Services), FIS, a financial technology provider. (Mac users have been unaffected, he said.) Windows XP was released in 2001. The reality is that many infections could have been avoided, but IT admins say testing and patching cycles take too long because of the genuine fear about applications being broken or brought down by the enforced changes. The implications are that nations around the globe are using outdated hardware and software and that security patches are not being updated, even when warnings about known insecurities have been given. Even though there are ways to install the latest updates on updates on Windows which are not genuine, Microsoft is also implementing restrictions every once in a while, so depending on the release, it could be more or less hard to patch a pirated Windows copy.

The most disheartening revelation from the cyberattack was that there was a fix available for the ransomware before the attack. "Going forward, we are going to leverage more", he said. While all this sounds terrifying, Tarah Wheeler, security researcher and author of Women in Tech, said ransomware is in some ways one of the "most benign" types of malware - unless you run critical infrastructure like hospitals, of course.

Do Institutional Investors Hate Mylan Inc (NASDAQ:MYL)?
With all other things going on, Mylan N.V. (NASDAQ:MYL) has been on a free fall - declining -3.93 percent in just three months. State Board of Administration of Florida Retirement System boosted its stake in shares of Mylan by 0.3% in the first quarter.

It may be arduous to stick with old versions of software, but it is much more painful when machines stop working.

The aggressive malware, dubbed WannaCrypt, utilized a previously reported vulnerability found within the Windows operating system produced by Microsoft. Some security researchers speculated that if the perpetrators were North Korean, the goal may have been to cause a widespread Internet failure to coincide with last weekend's latest missile test. The so-called "Wannacry" virus notably attacks Windows XP, which in principle has not been supported by Microsoft since 2014. "To keep the world safe, these things have to be done".

This is hypocritical of the United States, to say the least, because no other country has mounted such wide-ranging, costly and long-term surveillance operations in the history of the internet as the NSA's Prism and other spy programmes.

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