Microsoft says cyberattack should be wake up call for governments

Microsoft says cyberattack should be wake up call for governments
Microsoft says cyberattack should be wake up call for governments
Author

23 May, 2017

They deliberately target those with "vulnerabilities" to be exploited - in this case, organisations running embarrassingly old versions of Microsoft Windows for which the tech company stopped issuing security updates three years ago. He said the malware exploits a weakness in the operating system to spread from computer to computer.

Vernick said businesses that failed to update their software could face scrutiny from the U.S. Federal Trade Commission, which has previously sued companies for misrepresenting their data privacy measures.

Trying to stem the spread of this so-called "ransomware", Smith said that Microsoft has been working night and day to address the problem.

A FedEx spokesperson confirmed to ABC News that it was among the victims of the attack. "We regret any inconvenience to our customers".

A cybersecurity researcher from the security company Proofpoint discovered an unregistered domain buried in the code of the virus, and shared his findings on social media. But Darien Huss, a ProofPoint researcher in IN, confirmed that what MalwareTech had actually triggered was a "kill switch" that instructed WannaCry to stop spreading.

Neiper tells News 25 there is no way to unencrypt your files once they've been encrypted.

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Officials across the globe scrambled to catch the culprits behind a massive ransomware worm that disrupted operations at auto factories, hospitals, shops and schools, while Microsoft pinned blame on the USA government for not disclosing more software vulnerabilities. That gave the security community a good idea of how the malware was spreading.

Microsoft rolled out an additional security update for its customers to further protect Windows platforms.

When the National Security Agency lost control of the software behind the WannaCry cyberattack, it was like "the USA military having some of its Tomahawk missiles stolen", Microsoft President Brad Smith says, in a message about the malicious software that has created havoc on computer networks in more than 150 countries since Friday.

"Patching security holes immediately, not stockpiling them, is the best way to make everyone's digital life safer".

India is on high alert, monitoring critical networks across sectors like banking, telecom, power and aviation to ensure that systems are protected in the wake of reports of possible cyber attack by ransomware "WannaCry" on the country's vital networks.


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