Saturday , May 27 2017

Microsoft slams govt secrecy for the disruptions from cyber attacks

Cyber Attack

Cyber security experts said the spread of the worm dubbed WannaCry but that the respite might only be brief. The attack locked up more than 200,000 computers in more than 150 countries.

A massive ransomware worm that disrupted the operations of million users of the Microsoft which was done by the Cyber Attack and the tech giant company Microsoft blamed the United States Government for not disclosing the software vulnerabilities.

Cyber security experts said that the spread of the worm which was dubbed as WannaCry – “ransomware” has locked up nearly 200,000 computers in more than 150 countries.

Microsoft President Brad Smith, in a blog post on Sunday implicitly acknowledged what the researchers had already widely concluded-The ransomware attack which leveraged a hacking tool which was built by the US National Security Agency, that leaked in online in April.

He wrote in the blog “This is an emerging pattern in 2017.” He also added that the company has seen the vulnerabilities which are stored by the CIA show up on the WikiLeakes and the stolen vulnerabilities have affected the users around the world. Smith also poured the fuel on the debate over the administration intelligence services and should balance the desire to keep the software flaw secret.

While the White House and the NSA till now didn’t give any response to the requests for the comments about the Microsoft Statement.

The non-profit US Cyber Consequences Unit research institute estimated that the result of the cyber-attacks would range the losses in the hundreds of millions of dollars, but will not exceed more than $1 billion.

The group’s chief economist, Scott Borg said the users who are affected by the attack will be quickly able to recover with the help of the backups.

A senior administration official told Reuters, President Donald Trump ordered his homeland security adviser, Tom Bossert to assemble an emergency meeting in order to assess the threat posed by the global attack.

The systems which are infected is largely to be out of date devices where the organizations deemed not worth the price of upgrading or in some of the cases, while the machines involved in manufacturing or hospitals function that proved too difficult to patch without any disrupting operations.

The head of the European Union police agency said on Sunday the cyber assault hit 200,000 victims in at least 150 countries and that number would grow when people return to work on Monday.

It was also expected that on Monday especially in Asia which has not seen the affect yet, as the companies and organizations turned on their computers.

Click here for more:Microsoft Products News

“Expect to hear a lot more about this tomorrow morning when users are back in their offices and might fall for phishing emails” or other as yet unconfirmed ways the worm may propagate, said Christian Karam, a Singapore-based security researcher.

The attack hit all the organizations of all the sizes.

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