Ransomware threat: Get patched, find a firewall or upgrade fast

May 15, 2017

New Delhi, May 15: It was coming. On March 14 this year, Microsoft released a security update which addressed the vulnerability in the 16-year-old Windows XP operating system that the hackers behind the massive ransomware attack exploited and created havoc in 150 countries.

wannacry

The vulnerability in the Microsoft Windows software — exploited by “WannaCrypt” — crippled computers from hospitals in Britain to police stations in India, with hackers demanding hundreds of dollars from the users for them to regain control over their data.

Once Microsoft released the patch for the vulnerability — exploited by hacker group “Shadow Brokers” after stealing a software from the US National Security Agency (NSA) — some Window XP users installed the update called “Microsoft Security Bulletin MS17-010” on their desktops and laptops.

But several didn"t.

There are nearly 150 million computers running Windows XP operation system globally. Those who didn"t pay heed to the Windows XP patch are the ones who have fallen prey to the world"s biggest ransomware attack.

Microsoft which had discontiued security updates to its out-of-date software, has also provided a security update for all customers using Windows 8 and Windows Server 2003, anticipating further attacks on these earlier platforms being used by millions.

According to the company, “customers who are running supported versions of the operating system (Windows Vista, Windows Server 2008, Windows 7, Windows Server 2008 R2, Windows 8.1, Windows Server 2012, Windows 10, Windows Server 2012 R2, Windows Server 2016) will have received the security update MS17-010 in March.

“If customers have automatic updates enabled or have installed the update, they are protected. For other customers, we encourage them to install the update as soon as possible,” said Phillip Misner, Principal Security Group Manager, Microsoft Security Response Centre, in a statement.

Meanwhile, “WannaCrypt” locked up machines, encrypted files and demanded approximately $600 in Bitcoin for a recovery key.

According to global cyber security firms, paying heed to updates can only save your data from being put to ransom.

“Install the official patch from Microsoft that closes the vulnerability used in the attack. Ensure that security solutions are switched on all nodes of the network. If Kaspersky Lab"s solution is used, ensure that it includes the "System Watcher", a behavioural proactive detection component and that it is switched on,” Altaf Halde, Managing Director of Kaspersky Lab (South Asia), told.

“Run the "Critical Area Scan" task in Kaspersky Lab"s solution to detect possible infection as soon as possible (otherwise it will be detected automatically, if not switched off, within 24 hours),” he added.

According to Subhendu Sahu, Acting Country Manager for India, FireEye, the ransomware poses high risks to organisations using potentially vulnerable Windows machines.

“We can certainly expect follow-on attacks. Organisations seeking to take risk management steps related to this campaign should install the latest Windows patches. They should also use the indicators of compromise which are associated with this activity. FireEye has also taken steps to help secure its customers,” Sahu told.

As investigators were working to track down those responsible for the ransomware attack, Microsoft President and Chief Legal Officer Brad Smith said the governments should treat this attack as a “wake-up call”.

The news led software security providers to ramp up anti-malware software.

“Upon learning of these incidents, McAfee quickly began working to analyse samples of the ransomware and develop mitigation guidance and detection updates for its customers. McAfee has subsequently provided DAT (that contain data in text or binary format) updates to all its customers and provided them and the public further analysis on the attacks,” Ian Yip, Chief Technology Officer, Asia Pacific, McAfee, told.

If you are a home Windows XP user, patch immediately follow up with an upgrade. If you are running a vulnerable system and cannot install the patch for some reason, try doing the following:

“Disable SMBv1 (a server component) with the steps documented at "Microsoft Knowledge Base Article 2696547" and as recommended previously. Consider adding a rule on your router or firewall to block incoming Server Message Block (SMB) traffic on port 445,” said a report in the technology website Engadget.

“This is big and set to get bigger. We haven"t seen anything like this since Conficker in 2008,” Amit Nath, Head of Asia Pacific-Corporate Business at cyber security firm F-Secure Corporation, told IANS.

The Conficker worm infected millions of computers including government, business and home computers in over 190 countries.
Always make sure your files are backed up.

“That way, if they become compromised in a ransomware attack, you can wipe your disk drive clean and restore the data from the backup. Using Cloud storage with anti-virus scanning abilities to share files will help users to mitigate any possible threats,” suggested Anand Ramamoorthy, Managing Director, South Asia, McAfee.

Remember this: “WannaCrypt” probably won"t work across the internet for PCs behind a firewall or router.

“But if a server is connected directly to the internet or a PC is on the same network as an infected computer, it can spread quickly — which is exactly what has happened,” the Engadget report added.

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Agencies
March 13,2020

Amid the rapid spread of the novel coronavirus (COVID-19), which has infected 73 people in India and killed more than 4,500 individuals globally, doctors have advised that in addition to regularly washing hands, one should also disinfect their smartphone every 90 minutes with alcohol-based hand sanitizer.

Ravi Shekhar Jha, Head of Department at Fortis Escorts Hospital in Faridabad said the best method to disinfect your smartphone is to use regular doctor spirit or the alcohol-based hand sanitizer at least every 90 minutes.

"Avoid touching your eyes, mouth, or nose. The best option is to use a phone cover or a Bluetooth device and try to touch your phone as less as possible. We would also recommend cleaning your phone at least twice a day," Jha told IANS.

According to research, published in 2018 by Insurance2Go, a gadget insurance provider, revealed that smartphone screens have three times more germs than a toilet seat.

One in 20 smartphone users was found to clean their phones less than every six months, said the study.

"In the time of fear of coronavirus, smartphones should also be disinfected with alcohol-based sanitizer rub. Pour few drops of sanitizer on a tiny clean cotton pad and rub it safely on your entire phone," said Jyoti Mutta, Senior Consultant, Microbiology, Sri Balaji Action Medical Institute in New Delhi.

"You can repeat this process every evening coming back home after an entire day out at work and once in the morning before going out," Mutta added.

"Maintain basic cleanliness, and try to avoid using other's phones especially if suffering from respiratory illness or flu-like symptoms as there is no other way to disinfect these regular gadgets," she stressed.

Another study from the University of Surrey in the UK, also found that the home button on your smartphone may be harbouring millions of bacteria - some even harmful.

The World Health Organisation (WHO) declared the novel coronavirus as a global pandemic on Wednesday. The death toll of COVID-19 has crossed the 4,500 marks and confirmed cases globally have touched one lakh as per the reports.

According to Suranjeet Chatterjee, Senior Consultant in Internal Medicine Department of Indraprastha Apollo Hospitals in New Delhi, "We should frequently wash our hands, cover our coughs and it is important to adapt to other good hygiene habits that are most important in such a situation."

"Coronavirus and other germs can live on surfaces like glass, metal or plastics and phones are bacteria-ridden. It is necessary that we sanitize our hands frequently and make sure that our hands are clean all the time," Chatterjee told IANS.

"The emphasis should be laid on sanitising our hands rather than sanitizing the phone - once in a while the phone can be sanitized under the guidance of the makers of the phone," Chatterjee stressed.

According to the global health agency, the most effective way to protect yourself against coronavirus is by frequently cleaning of your hands with alcohol-based hand rub or washing them with soap and water.

The WHO's report showed the virus infects people of all ages, among which older people and those with underlying medical conditions are at a higher risk of getting infected.

People should eat only well-cooked food, avoid spitting in public, and avoid close contact, the WHO said, adding that it is important for people to seek medical care at the earliest if they become sick.

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News Network
February 5,2020

Feb 5: Tesla is making Elon Musk a lot richer without paying him a dime.

A blistering stock rally has bolstered the value of CEO Musk's 19% stake in the electric car maker by $16 billion since the start of 2020, to $30 billion.

Tuesday's steep climb in the share price could sweeten Musk's payday under his record-breaking compensation package, which is built on stock options that rely on market value targets. Two milestones have now been achieved that could see Musk unlock options worth $1.8 billion.

The controversial chief executive, who is also the majority owner and CEO of rocket maker SpaceX, recently testified that he did not have a lot of cash as he successfully defended himself in a defamation lawsuit. He previously has taken loans using his Tesla shares as collateral.

Musk does not take a salary, choosing instead a risky options package that envisions the stock market value of Tesla rising to $650 billion over 10 years, a prospect that was derided by some investors when the deal was announced in 2018.

That target now looks less crazy. Shares of Tesla have rallied over 50% since the company posted its second consecutive quarterly profit last Wednesday, which was viewed as a major accomplishment for a company competing against established automotive heavyweights including General Motors Co  and BMW.

Tesla shares have climbed about 400% since early June, helped by the company's better-than-expected financial results and ramped-up production at its new car factory in Shanghai.

On Tuesday, Tesla surged as much as 24% before falling back in the final minutes of the trading session to end the day up 13.7%. That put its market capitalization at $160 billion, almost twice the combined value of Ford Motor and General Motors.

The shares had also rallied on Monday, partly fueled by Panasonic Corp's 6752.T saying its automotive battery venture with Tesla was profitable for the first time.

The options Musk was awarded in 2018 vest incrementally based on targets for Tesla's stock market value and its financial performance. The market capitalization would have to sustainably rise by $50 billion increments over the agreement's 10-year period, with the full package payout reached if the market cap reaches $650 billion, as well as the company's meeting revenue and profit targets.

Musk is on his way to seeing his first two tranches of options vest. He achieved operational targets on revenue and adjusted earnings last year.

The rise in Tesla's market capitalization last month to a target of $100 billion opened the way for Musk's first tranche of options to vest. With Tuesday's surging share price, the market capitalization blew past the second target of $150 billion, opening the way for the second tranche to vest. Tesla's market capitalization must stay at or above each target level for one- and six-month averages for each set of options to vest.

Tesla was valued at about $52 billion when shareholders approved the pay package in March 2018, a time when the company faced a cash crunch, production delays and increasing competition from rivals.

A full payoff for Musk would surpass anything previously granted to U.S. executives, according to Institutional Shareholder Services, a proxy advisor that recommended investors reject the pay package deal at the time.

Musk currently owns about 34 million Tesla shares, and his compensation package would let him buy another 20.3 million shares if all his options tranches vest.

When Tesla unveiled Musk’s package, it said he could in theory reap as much as $55.8 billion if no new shares were issued. However, Tesla has since awarded stock to employees and last year sold $2.7 billion in shares and convertible bonds, diluting the value of the stock.

Musk has transformed Tesla from a niche car maker with production problems into the global leader in electric vehicles, with U.S. and Chinese factories. So far it has stayed ahead of more established rivals including BMW and Volkswagen.

Many investors remain skeptical that Tesla can consistently deliver profit, cash flow and growth. More Wall Street analysts rate Tesla "sell" than "buy," and the company's stock is the most shorted on Wall Street.

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Agencies
March 12,2020

Thiruvananthapuram, Mar 12: In the wake of COVID-19 outbreak, Internet service providers in Kerala have agreed to step up the network capacity by 30 to 40 per cent of the present capacity to meet the demand, especially in view of the spurt in work-at-home mode.

"The decision was made at a meeting of representatives of various telecom service providers in Kerala circle and officials of the Telecommunication Department convened by the Secretary, Electronics and IT, following a direction by Chief Minister Pinarayi Vijayan to look into the issue," said a press release by the IT Department.

The decision will be beneficial for those working in IT institutions. The government has come out with a set of suggestions to avoid social gatherings at public places in view of coronavirus spread. Telecom service providers have assured the government that they are well equipped to face the current situation.

The major part of Internet consumption in Kerala is made available through local servers. Moreover, global Internet traffic is very low as compared to the overall consumption. So, increasing the capacity won't be difficult, service providers informed.

"Complaints regarding the low availability of the Internet due to the spurt in consumption of the Internet can be made to the service providers to their complaint redressal number or inform state government call centre (155300). But complaints regarding the insufficiency in the current network infrastructure should be strictly avoided," said the release.

The IT Department will also demand daily reports from various telecom service providers. By analysing these reports, steps for remedies will be taken after bringing the sudden increase in consumption to the service providers.

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