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India seeks to avoid ATM tears from WannaCry ransomware

18 Mai 2017

WannaCry, otherwise known as WannaCrypt is a software which targets computers running on the Windows system and locks files until a ransom is paid in digital Bitcoins.

Microsoft President and Chief Legal Officer, Brad Smith, explicitly told clients to update their software, but also pointed a finger at the National Security Agency and the governments that tech firms have conflicted over privacy issues.

If the attackers hit critical national infrastructure and cause death and destruction, then you enter the realm of the War Powers Act and post 9/11 legislation, as well as the core presidential authority to pursue the attackers and country housing them. Since Friday (May 12th), the cyber-attack has victimised private and public organisations in 150 countries and, according to Microsoft, should be treated as a wake-up call across the globe.

Citing the far-reaching potential impact on customers, Microsoft took the unusual step of offering a custom support security update for users with versions of Windows that are no longer supported. It appears to have hit first in Britain, where it effectively shut down parts of the #National Health Service. The lesson: Avoid clicking links inside dubious emails, Mr Kamden said.

To disable it, first search for "Windows features". While investigating the attack, he noticed that the malware was trying to contact a specific web address each time it infected a new computer, and that the web address it was trying to contact had not been registered. Official media outlets suggested that the spread of the ransomware was caused by university students using the school network to play online games. Monday was its most successful payday.

The cyber attacks have slowed down, thanks to the "heroics" of Marcus Hutchins, a 22-year-old British security researcher.

But what if you are an insurer providing cover for business interruption losses or cyber-attacks? EC3 advises any organizations affected to use the unlocking tools provided at NoMoreRansom.org, a free resource developed by Europol in partnership with the Dutch police and other industry partners.

Rob Enderle, principal analyst with Enderle Group, agreed.

We need to be less complacent about cyber protection.

One theory suggested that 90 percent of NHS trusts across the United Kingdom were using Microsoft's 16-year-old OS Windows XP, which could leave them susceptible to attacks.

For larger businesses with hundreds or thousands of employees, applying security updates organizationwide can be hard.

Are security vulnerabilities of this type covered? "(Which is a shame, because that would have meant computers would have been patched earlier)".

Two months after Microsoft issued its security patch, thousands of computers were vulnerable to the WannaCry attack.

"The NHS wasn't targeted", he wrote. While this can be effective, the reality is that the ransomware authors have to bypass a defence just once to do their dirty deed, and they constantly change tactics in order to do so.

Security agencies have so far not been able to identify who was behind the attack.

Security experts believe the malware that spurred this global attack, called WannaCry, may have initially infected machines by getting people to download it through email.

Since then, the company has poured billions of dollars into security initiatives, employing more than 3,500 engineers dedicated to security. "More than technical guidance, I want you to make sure you are spending the time needed to understand the concerns they have and that they know we are here to help".

Another security company, Symantec, has also found similarities between WannaCry and Lazarus tools, and said it's "continuing to investigate for stronger connections". As a result - the company is now at a high risk for invasion.

India seeks to avoid ATM tears from WannaCry ransomware