Global ransomware attack used info stolen from NSA, says Microsoft

Ebony Scott
May 19, 2017

Then, they hold your files ransom and, in this case, you have three days to pay $300 to get your files back or seven days to pay $600.

One of the most risky malware attacks to have ever happened, occurred this past week called the WannaCry ransomware attack, putting major companies and institutions on the brink of losing their data.

However, this assertion by the government goes against claims from cyber security experts.

New ATMs with Microsoft's Windows 10, however, were not affected by the ransomware.

As per the UP police directive, if it attacks your systems, your immediate efforts should be towards preventing further spread of the malware within your environment followed by hunting for any dominant infection and sanitising your network. According to Kaspersky Lab, the four most affected countries were Russia, Ukraine, India and Taiwan.

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Local technology websites CITNA reported on Monday that so far mainly Internet service providers, telecoms operators, hospitals and universities have been hit by the malware. But older systems, including Windows XP which hasn't seen official support since 2014, were still vulnerable.

The "ransomware" cyberattack that has hit as many as 200,000 victims in over 150 countries should be treated by governments around the world as a "wake- up call", IT giant Microsoft has said. The first thing to do to protect yourself against this vicious type of ransomware is to install the security patches Microsoft issued to handle the vulnerability. Until Friday, Microsoft had not released a security update for Windows XP in over three years. Microsoft puts out periodic security patches to the software and sometimes, they apply to all versions of the operating systems.

Mr MacGibbon declined to comment on the identity or type of the business impacted by the unprecedented cyber attack but said it was a small company, which did not provide critical infrastructure.

To the editor: If Microsoft were a vehicle company and released a defective product, there would be mandatory recalls of almost 20-year-old systems and millions of dollars in fines.

When Microsoft sells its operating system software it does so through a licence agreement that states the company is not liable for any security breaches, thus shielding it from any legal complaints, points out Michael Scott, a professor at Southwestern Law School.

Other reports by GizPress

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