Microsoft President Urges Nuclear-Like Limits On Cyberweapons

Posted May 22, 2017

The ransomware attack that began on Friday - known as WannaCry - is believed to be the largest cyber exploitation attack recorded, according to multiple cybersecurity experts. You'll need to Google port-blocking instructions for your specific router if you don't already know how.

The cyber criminals have demanded a fee of about $300 in crypto-currencies like Bitcoin for unlocking the device. That's why it's called ransomware. "This particular case - as the media showed - they had the ability in the Microsoft operating system, and Microsoft actually came up with a patch in March".

The software tools to create the attack were revealed in April among a trove of NSA spy tools that were either leaked or stolen. Microsoft issued a software patch to address the vulnerability a month ago, but the patch clearly was not installed by everyone for a variety of reasons, ranging from laziness to a need to avoid updates that would prevent old software applications from operating properly.

Unlikely from the past, nowadays, free software operating systems (GNU/Linux ) are more user-friendly and easy to use.

Consumers are also at risk. Several British hospitals say they are having major computer problems Hospitals in London, northwest England and other parts of the country are reporting problems with their computer systems as the result of an apparent cyberattack, Friday May 12, 2017. Despite analysts and several companies calling out on India being badly affected by WAnnaCry, Computer Emergency Response Team (CERT) maintains that the country is not as affected as Europe and Russian Federation.

And the attack will lead to more non-U.S. companies buying cyber coverage, said Mr. Reagan of Marsh.

China is preparing to enforce a wide-reaching cyber security law that USA business groups say will threaten the operations of foreign firms in the country with strict local data storage laws and stringent surveillance requirements.

Anyone who hasn't updated their Windows PC recently.

According to Microsoft itself, numerous companies that were infected with WannaCry were either using outdated Windows OS versions or were sticking with Windows XP, which is practically considered a fossil at this point. So even people with older computers should go update them. Or disclose the flaw, letting the software company fix it and protect millions of regular computer users from malicious attacks by hackers?

"Microsoft rushed out a patch before the attack which is pretty much all they can do", said Enderle. A good place to do this is on an external hard drive that isn't connected to the internet. Install all Windows updates. 5.

WannaCry, the software that crippled hospital systems, factories, banks, government agencies and transportation systems in 150 countries, is ransomware.

The hackers remain anonymous for now, but it appears that they are amateurs.

Also of note, the security researcher who accidentally slowed the spread of WannaCry over the weekend says that blocking TCP port 445 can help stop the ransomware. A lax approach can have far-reaching consequences, as the hack proved, but hopefully it will force numerous victims to step up and fix what needed fixing even before the attack.

Computer Emergency Response Teams (CERT's) in the United Arab Emirates, Saudi Arabia, Jordan, and Turkey have so far reported minimal damage from the Wannacry ransomware. Experts are warning that many office workers could return to work Monday and find their computers compromised. Auto manufacturers, railroad operators, and others have also been impacted in Europe.