New, scarier ransomware 'EternalRocks' found

May 23, 2017

San Francisco, May 23: After a host of different ransomware attacks that hit enterprises across the globe, security researchers have now identified a new strain of malware "EternalRocks" that is more dangerous than WannaCry and is potentially tougher to fight.EternalRocks

According to the researchers, "EternalRocks" exploits the same vulnerability in Windows that helped WannaCry spread to computers. It also uses a NSA tool known as "EternalBlue" for proliferation, Fortune reported on Sunday.

"...it also uses six other NSA tools, with names like EternalChampion, EternalRomance, and DoublePulsar (which is also part of WannaCry)," the report said.

In its current form, "EternalRocks" does not have any malicious elements -- it does not lock or corrupt files, or use compromised machines to build a botnet -- but leaves infected computers vulnerable to remote commands that could `weaponise` the infection at any time.

"EternalRocks" is stronger that WannaCry because it does not have any weaknesses, including the kill switch that a researcher used to help contain the ransomware.

EternalBlue also uses a 24-hour activation delay to try to frustrate efforts to study it, the report noted.

The last 10 days have seen a wave of cyber attacks that have rendered companies helpless around the globe.

First it was WannaCrypt or WannaCry that spread by taking advantage of a Windows vulnerability that Microsoft released a security patch for in March. It encrypted files on infected machines and demanded payment for unlocking them.

WannaCry had some loopholes that made it easier to slow and circumvent.

After facing a massive "WannaCrypt" ransomware attack, another type of malware quietly started generating digital cash from machines it infected.

Tens of thousands of computers were affected globally by the "Adylkuzz attack" that targeted machines, let them operate and only slowed them down to generate digital cash or "Monero" cryptocurrency in the background.

"Monero" -- being popularised by North Korea-linked hackers -- is an open-source cryptocurrency created in April 2014 that focuses on privacy, decentralisation and scalability.

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News Network
July 9,2020

U.S. electric vehicle maker Tesla Inc is "very close" to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.

"I'm extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly," Musk said in remarks made via a video message at the opening of Shanghai's annual World Artificial Intelligence Conference (WAIC).

"I remain confident that we will have the basic functionality for level 5 autonomy complete this year."

Automakers and tech companies including Alphabet Inc Waymo and Uber Technologies are investing billions in the autonomous driving industry.

However industry insiders have said it would take time for the technology to get ready and public to trust autonomous vehicles fully.

The California-based automaker currently builds cars with an Autopilot driver-assistance system.

Tesla is also developing new heat-projection or cooling systems to enable more advanced computers in cars, Musk said.

Industry data showed Tesla sold nearly 15,000 China-made Model 3 sedans last month.

Tesla has become the highest-valued automaker as its shares surged to record highs and its market capitalisation overtook that of former front-runner Toyota Motors Corp.

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Agencies
March 14,2020

New Delhi, Mar 14: Excise duty on petrol and diesel was on Saturday hiked by ₹3 per litre as the government looked to mop up gains arising from fall in international oil prices.

Special excise duty on petrol was hiked by ₹2 to ₹8 per litre incase of petrol and to Rs 4 incase of diesel, an official notification said.

Additionally, road cess on petrol was raised by ₹1 per litre each on petrol and diesel to ₹10.

The increase in excise duty would in normal course result in a hike in petrol and diesel prices but most of it would be adjusted against the fall in rates that would have necessitated because of slump in international oil prices.

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News Network
January 17,2020

New Delhi, Jan 17: E-commerce major Amazon on Friday said it plans to create one million new jobs in India over the next five years through investments in technology, infrastructure and its logistics network.

These jobs are in addition to the seven lakh jobs Amazon's investments have enabled over the last six years in the country.

"Amazon plans to create one million new jobs in India by 2025," the company said in a statement, adding that the jobs - created both directly and indirectly - will be across industries, including information technology, skill development, content creation, retail, logistics, and manufacturing.

Amazon.com Inc chief Jeff Bezos had on Wednesday announced USD 1 billion (over Rs 7,000 crore) investment in India to help bring small and medium businesses online and committed to exporting USD 10 billion worth of India-made goods by 2025.

"We are investing to create a million new jobs here in India over the next five years," Bezos said.

"We’ve seen huge contributions from our employees, extraordinary creativity from the small businesses we've partnered with, and great enthusiasm from the customers who shop with us—and we’re excited about what lies ahead," Bezos added.

India has prioritised job creation and skilling initiatives – including the training of more than 400 million people by 2022 – in rural and urban areas.

"Amazon’s job creation commitment and investment in traders and micro, small and medium enterprises (MSMEs) complement this social inclusion and social mobility efforts by creating more opportunities for people in India to find employment, build skills, and expand entrepreneurship opportunities," the statement said.

The new investments will help to hire talent to fill roles across Amazon in India, including software development engineering, cloud computing, content creation, and customer support.

Since 2014, Amazon has grown its employee base more than four times, and last year inaugurated its new campus building in Hyderabad – Amazon’s first fully-owned campus outside the United States and the largest building globally in terms of employees (15,000) and space (9.5 acres).

The investments will also help in expanding growth opportunities for the more than 5,50,000 traders and micro, small, and medium-sized businesses – including local shops – through programs like Saheli, Karigar, and “I Have Space”.

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