Sci-tech

Microsoft president: Cyber attack should be 'wake-up call'

Microsoft president: Cyber attack should be 'wake-up call'

The hackers first lock the information on the computers, and then demand money for allowing access to it. That's why it's called ransomware.

All versions of Windows prior to Windows 10 are vulnerable to "Ransomware" but Windows 10 is safe from it.

The malware behind WannaCry (also called WannaCrypt, Wana Decryptor or WCry) was reported to have been stolen from the NSA in April.

He argued there should be "a new requirement for governments to report vulnerabilities to vendors, rather than stockpile, sell, or exploit them".

The problem comes from older versions of Windows or those without Windows Updates, as these were not patched by Microsoft and were left open to attacks.

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Microsoft blamed the US government for "stockpiling" software code that was used by unknown hackers to launch the attacks.

Government cyber-security agency CERT NZ said it had received a "small number" of reports from Kiwi computer users who said they had been infected by the malware. Playing with fire finally caught up with the victims.

The attack was disrupting computers that run factories, banks, government agencies and transport systems in Russia, Ukraine, Brazil, Spain, India and Japan, among others.

A ransomware bully-tasticly named "WannaCry" took the world by storm starting Friday, infecting over 10k organizations and 200k people in 150 countries.

Some hospitals were forced to cancel procedures and appointments, as ambulances were directed to neighbouring hospitals free from the computer virus.

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WannaCry affected institutions such as hospitals and telecommunications companies and from as many as 74 countries.

"I'd even say this update probably already happened", he added.

In a recent note out to clients on Tuesday, a group of equity analysts led by Michael Nemeroff identified a dip in the company's stock price in response to the attack as a buying opportunity. Bad guys generally target Windows far more than Apple's operating system because there are vastly more computers running Windows around the world. Back up your data on an offline hard drive. 4. If you don't want to install the update for your PC, cybersecurity company Kaspersky Lab has a step-by-step guide to secure computers.

How to prevent WCry attack? Everything remains secretive until hackers hacked the NSA.

MalwareTech, who wants to remain anonymous, was hailed as an "accidental hero" after registering a domain name to track the spread of the virus, which actually ended up halting it.

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A United Kingdom -based security researcher who goes by the name MalwareTech put a stop to the spread of WannaCry on Friday by registering a domain name he discovered in the ransomware's code.


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