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tiptrot.com June 26, 2017


ATMs shuts down after ransomware attack

23 May 2017, 11:11 | Deanna Wagner

Lucky break slows cyberattack; what's coming could be worse

An alert researcher, cooperation helped stem cyberattack

"It would be deeply troubling if the NSA knew about this vulnerability but failed to disclose it to Microsoft until after it was stolen", said Patrick Toomey, a lawyer working for the American Civil Liberties Union.

The Reserve Bank of India (RBI) has asked all banks to put in place a software update at automated teller machines (ATMs) to prevent their systems from a malware that has attacked payment systems across the world. If these companies failed to update the security systems of their Microsoft Windows Operating Systems, they could face potential lawsuits, Business Insider reports. This institution has been known to "stockpile" computer vulnerabilities for use in hacking enemy systems, as an article from Foreign Policy mentions.

According to Microsoft, computers affected by the so-called "ransomware" did not have security patches for various Windows versions installed or were running Windows XP, which the company no longer supports. Then, a 22-year-old security researcher in the United Kingdom who's known by the pseudonym MalwareTech discovered that WannaCry was reaching out to a specific web address every time it infected a new computer.

Experts said that ransomware is here to stay.

While the world is bracing for more disruptions caused by the WannaCry ransomware cyberattack as the workweek starts on Monday, multiple reports of devices being infected are coming in from various parts of Asia.


President Trump's homeland security adviser Tom Bossert told ABC News' Good Morning America that the unprecedented global cyberattack sends an "urgent call for collective action" by governments throughout the world.

Because it's possible for the perpetrators to alter the code to use a different domain, MalwareTech and others warned the ransomware could continue spreading. Ransomware encrypts the files and software of a computer and charges a "ransom", usually paid in BitCoin, to decrypt it. If you're unsure whether a laptop has been affected by the malware, do not allow it to connect to the office network.

A 22-year-old British researcher identified online as "MalwareTech" saw the findings and activated a "kill switch" for the attack, slowing its spread.

The tool was said to have been created by the NSA - though, as is typical, the agency has neither confirmed nor denied this. There are also other theories. The Interior Ministry on Monday reported that protective measures have been taken so that the computer systems of the government and related agencies are now well protected.



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