Microsoft To Make Money From Recent Ransomware Hack

Microsoft To Make Money From Recent Ransomware Hack

A patch has since been issued to prevent the exploit from succeeding in spreading even further, with even the now 16 year old Windows XP receiving an update, revealing the scale of the problem.

The ransomware was temporarily blocked after its onslaught on Friday, but reports from several countries showed that the first series of attacks could be a start of more unsafe cyber intrusions. The attack can come from opening an email attachment or clicking on a link.

WannaCry or Wanna Decryptor ransomware seems to have used a vulnerability in Microsoft's software.

WannaCry demands that users pay between $300 (around Rs 19,000) and $600 (around Rs 39,000) in bitcoin in lieu of getting their data decrypted. Though, Brad was partly right, the incident has shown the government is keener to attack enemies rather than defend its own citizens or make sure they are not exposed.

Governments "need to take a different approach and adhere in cyberspace to the same rules applied to weapons in the physical world", Smith says, urging agencies to "consider the damage to civilians that comes from hoarding these vulnerabilities and the use of these exploits".

Previous attacks targeted individuals and a few businesses, while this one is a widespread ransomware attack that has hit businesses globally.

The attack was a remarkable global event.

Instead of developing hacking tools in secret and holding them for use against adversaries, governments and intelligence agencies should share weaknesses they find with Microsoft and other software makers so that vulnerabilities can be repaired.

"We know already that there have been attempts to attack organizations beyond the National Health Service", the NCSC said.

The so-called "WannaCry" virus hit older versions of the software, such as Windows XP, particularly hard, and the UI suspended support for Windows XP in 2014. Microsoft for its part has been pushing customers to move to the latest Windows 10, which it claims is much more secure and has regular security update.

"One such incident pertains to 18 computers of Andhra Pradesh Police. and apart from that, there are five other cases. one of them in Kerala where some of the panchayat computers were affected", Sundararajan said.

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