Security researchers discover malware that infected 90,000 computers worldwide

Agencies
October 8, 2019

Security researchers have discovered that the Smominru malware infected 90,000 machines worldwide during the month of August, with an infection rate of up to 4,700 computers per day.

In its post-infection phase, it steals victim credentials, installs a Trojan module and a cryptominer and propagates inside the network, according to researchers from Guardicore, a data centre and cloud security company.

The botnet uses several methods to propagate, but primarily it infects a system in one of two ways -- either by brute-forcing weak credentials for different Windows services, or more commonly by relying on the infamous EternalBlue exploit, cybersecurity firm Kaspersky said in a blog post last week.

Even though Microsoft patched the vulnerability EternalBlue exploits, which made the WannaCry and NotPetya outbreaks possible, many companies are simply ignoring updates, Kaspersky said.

China, Taiwan, Russia, Brazil and the US have seen the most attacks, but that doesn't mean other countries are out of its scope. For example, the largest network Smominru targeted was in Italy, with 65 hosts infected.

The criminals involved are not too particular about their targets, which range from universities to healthcare providers.

However, one detail is very consistent. About 85 per cent of infections occur on Windows 7 and Windows Server 2008 systems. The rest include Windows Server 2012, Windows XP and Windows Server 2003.

After compromising the system, Smominru creates a new user, called admin$, with admin privileges on the system and starts to download a whole bunch of malicious payloads.

The most obvious objective is to silently use infected computers for mining cryptocurrency (namely, Monero) at the victim's expense.

The malware also downloads a set of modules used for spying, data exfiltration, and credential theft.

On top of that, once Smominru gains a foothold, it tries to propagate further within the network to infect as many systems as possible.

To protect their network, computers, and data from Smominru, users need to update operating systems and other software regularly, Kaspersky said.

It is also important for users to use strong passwords. A reliable password manager that helps you create, manage, and automatically retrieve and enter passwords may help protect you against brute-force attacks.

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Agencies
July 19,2020

New Delhi, Jul 19: Three of the 10 most valued companies added a total of Rs 98,622.89 crore to their market valuation last week, led by stellar gains in IT major Infosys.

Seven companies from the coveted list witnessed a decline in their market valuation last week, but their cumulative loss of Rs 37,701.1 crore was less than the total gain made by three firms -- Reliance Industries Limited, Hindustan Unilever Limited and Infosys.

The market capitalisation of Infosys zoomed Rs 52,046.87 crore to Rs 3,85,027.58 crore. Shares of Infosys had rallied over 9 per cent on Thursday after the company posted a stronger-than-expected 12.4 per cent rise in the first quarter consolidated net profit.

Hindustan Unilever Limited added Rs 25,751.07 crore in its market valuation which stood at Rs 5,48,232.26 crore at close on Friday. Reliance Industries' m-cap jumped Rs 20,824.95 crore to Rs 12,11,682.08 crore.

In contrast, HDFC's valuation plunged Rs 13,920.21 crore to Rs 3,13,269.70 crore and that of Tata Consultancy Services (TCS) declined Rs 7,617.34 crore to Rs 8,26,031.21 crore.

The valuation of ICICI Bank tumbled Rs 4,205.71 crore to Rs 2,29,156.24 crore and that of Kotak Mahindra Bank by Rs 4,175.28 crore to Rs 2,62,864.37 crore.

Bharti Airtel's m-cap dipped Rs 4,009.83 crore to Rs 3,09,521.05 crore and HDFC Bank's by Rs 3,403.97 crore to Rs 6,03,463.97 crore.

The valuation of ITC declined by Rs 368.76 crore to Rs 2,38,469.29 crore.

In the ranking of top-10 firms, RIL was at the number one rank followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank.

During the last week, the 30-share BSE index advanced 425.81 points or 1.16 per cent.

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Agencies
March 7,2020

New Delhi, Mar 7: The Union government has issued a Global Invite for Expression of Interest for disinvestment in Bharat Petroleum Corporation Limited (BPCL) from prospective bidders with a minimum net worth of $10 billion as of Saturday.

The EoI submissions can be made till May 2, whereas investor queries will be entertained till April 4.

Another condition pertains to a maximum of four members are permitted in a consortium, and the lead member must hold 40 per cent in proportion. Other members of the consortium must have a minimum $1 billion net worth.

The EOI allows changes in the consortium within 45 days, though the lead member cannot be changed.

The GoI proposes to disinvest its entire shareholding in BPCL comprising 1,14,91,83,592 equity shares held through the Ministry of Petroleum and Natural Gas, which constitutes 52.98 per cent of BPCL's equity share capital, along with the transfer of management control to the strategic buyer (except BPCL's equity shareholding of 61.65 per cent in Numaligarh Refinery Limited (NRL) and management control thereon).

The shareholding of BPCL in NRL will be transferred to a Central Public Sector Enterprise operating in the oil and gas sector under the Ministry and accordingly is not a part of the proposed transaction.

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Agencies
July 11,2020

Citing the current dismal aviation scenario, Air India is terminating the services of trainee cabin crew and cabin crew by withdrawing the offer of employment of those who were under training.

As per sources, the new crew and trainee pilots might reduce contracts from five years to one year. Sources said Air India is terminating 1,200 crew and employees who are more than 55-yr-old including 190 trainee pilots.

In a letter reviewed by IANS, Air India has informed an applicant who had been selected as cabin crew in August 2019 subject to successful completion of training.

"On behalf of Air India we would like to thank you for the interest shown by you in joining our organization. However, in view of the current aviation scenario, it would not be possible for Air India to impart any further training to you for engaging your services," the company said.

"In view of the above reasons, which are beyond the control of the company, it has been decided to discontinue your training arrangements and dispense with the offer of engagement with immediate effect. The bank guarantee furnished by you at the time of joining is returned herewith," Air India told the cabin crew.

"Once again on behalf of Air India we thank you for your cooperation and trust that you will appreciate the circumstances under which we are constrained to discontinue the training arrangements," the carrier said.

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