WannaCry Ransomware: What We Know Monday

WannaCry Ransomware: What We Know Monday

A ransomware attack called WannaCry that was first launched on 12 May and since spread around the world impacted a number of high-profile organisations globally, including NHS England in the UK.

But that was before China announced that it too had been facing the same attack with 40,000 public and private organizations having been hit. The virus took control of users' files and demanded $300 payments to restore access, the BBC report said.

Countries around the world braced Monday for the spread of a massive ransomware cyberattack crippling thousands of computers at banks, hospitals and government institutions.

Outdated servers, Unpatched OS to blame!

WannaCry should not have reached disastrous proportions - Microsoft released a patch that could close the vulnerability in March, well before the NSA's tool was decrypted. Security patches would be available for clients with older machines, but only if they paid for custom support agreements.

Investigators are continuing efforts to identify the culprits behind the attack with Russian security firm Kaspersky Lab observing similarities between code used in the ransomware software with hackers linked to North Korea. "For other customers, we encourage them to install the update as soon as possible", said Phillip Misner, Principal Security Group Manager, Microsoft Security Response Centre, in a statement.

Variants of the ransomware are appearing online, according to reporting by Bleeping Computer, including at least five different WannaCrypt knockoffs in various forms of development.

When it comes to current software, effective carrots and sticks are needed to persuade companies, governments and individuals to do what everyone knows needs to be done: Patch their computers when a flaw is discovered.

If a more recent version of Windows is running on the computer and it stays up-to-date, it should not be vulnerable to the current attack or WannaCry.

It's the name for a prolific hacking attack known as "ransomware", that holds your computer hostage until you pay a ransom. Microsoft wants a "Digital Geneva Convention" he explains, "something that would commit governments to do less hoarding of exploits and vulnerabilities, do more to work with software vendors so that we can all keep systems secure".

"The fact that so many computers remained vulnerable two months after the release of a patch illustrates this aspect".

A young cyber security researcher had accidentally found the kill switch of the ransomware by sheer luck and purchased an unregistered domain name for $10.69 in order to stop the attack.

The self-taught expert who has emerged as the accidental hero of the global cyber attack is understood to have stopped the incident escalating from a small bedroom in his parents' house.

Those affected by the ransomware include major consumer brands and government agencies around the world.



Related Posts

Peter Laviolette fired up the Predators with a delightfully profane pregame speech
Colton Sissons and Filip Forsberg have been just two of the Preds' top performers, but production has been coming from everywhere. Those three players are within striking distance of the Predators franchise, which in its history has 214 postseason goals.

Cavs blow out Celts to reach finals
When you're growing up and you're seeing Michael Jordan , it's nearly like a God. "I didn't think too much about it". The 109 points through three quarters marked the most the Celtics have allowed in the shot-clock era.

Royals-Yankees game postponed, rescheduled for Sept. 25
Rizzo has four homers over his last four games and 11 on the season. "Definitely it's frustrating but I'm trying to get it right". The Yankees were rained out on Thursday afternoon, but they won't skip struggling starter Masahiro Tanaka as a result.

Eredivisie: Ajax will learn from Europa loss - Bosz
The Red Devils boss guided his team to a tactically shrewd win over Ajax and he wasted little time in rounding on his detractors. We fought hard for this since the beginning.

Spotty showers remain for Wednesday
We'll then see another shot at some scattered showers and thunderstorms Saturday night across the northern third of the area. High Temperatures: Above-average warmth will expand in the West to include the Great Basin and interior parts of California.

Ferrari triumph divides drivers after team orders
Hamilton's auto has been suffering with a loose rear end all weekend, as the Mercedes has struggled to get heat into the tires. Wehrlein's vehicle was resting precariously on its side on the entrance to the tunnel and the German was trapped in his seat.

LeBron: Jordan chase is about motivation, not greatness
Kevin Love , LeBron James , Kyle Korver and Iman Shumpert celebrate a basket during the second half on May 25 in Boston . He has scored 30 or more points in 11 of the Cavs' 13 playoff games and at least 35 points in seven of those.

We will learn from United'sperformance, says Ajax coach
It was billed as a clash between the efficiency of Mourinho's United against the swagger and youthful exuberance of Ajax. Speaking to BT Sport after the final whistle, Pogba said: 'We won for Manchester , we worked for them, for the country.

Conte's cup curse continues after Chelsea loses FA Cup final
And by the end of the season the Arsenal squad, as so often in the past, had been wrecked by injury. Despite their defeat, Fabregas insists Chelsea's campaign should still be classed as a success.

Merkel Spokesman: Germany Still Seeking Stronger US Ties
It followed Chancellor Angela Merkel's warning on Sunday that the U.S. and Britain may no longer be completely reliable partners. Mr Trump offered a more positive assessment on Twitter on Sunday, writing: Just returned from Europe .

© 2015 Stump Report. All Rights reserved.