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Microsoft which had discontiued security updates to its out-of-date software, has also provided a security update for all customers using Windows 8 and Windows Server 2003, anticipating further attacks on these earlier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
June 24,2020

New Delhi, Jun 24: The Centre has made it mandatory for sellers to enter the 'Country of Origin' while registering all new products on government e-marketplace (GeM).

The e-marketplace is a special purpose vehicle (SPV) under the Ministry of Commerce and Industry which facilitates the entry of small local sellers in public procurement, while implementing 'Make in India' and MSE Purchase Preference Policies of the Centre.

Accordingly, the ministry said the move has been made to promote 'Make in India' and 'Atma Nirbhar Bharat'.

The provision has been enabled via the introduction of new features on GeM.

Besides the registration process, the new feature also reminds sellers who have already uploaded their products, to disclose their products' 'Country of Origin' details.

The ministry further said that failing to disclose the detail will lead to removal of the products from the e-marketplace.

"GeM has taken this significant step to promote 'Make in India' and 'Aatmanirbhar Bharat'," the ministry said in a statement.

"GeM has also enabled a provision for indication of the percentage of local content in products. With this new feature, now, the 'Country of Origin' as well as the local content percentage are visible in the marketplace for all items. More importantly, the 'Make in India' filter has now been enabled on the portal. Buyers can choose to buy only those products that meet the minimum 50 per cent local content criteria."

In case of bids, the ministry said that buyers can now reserve any bid for a "Class I Local suppliers. For those bids below Rs 200 crore, only Class I and Class II Local Suppliers are eligible to bid, with Class I supplier getting purchase preference".

In addition to this, the Department for Promotion of Industry and Internal Trade (DPIIT) has reportedly called for a meeting with all e-commerce companies such as Amazon and Flipkart to display the country of origin on the products sold on their platform, as well as the extent of value added in India.

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Agencies
June 12,2020

New Delhi, Jun 12: The Supreme Court on Friday asked Solicitor General Tushar Mehta to convene a meeting of the Finance Ministry and RBI officials over the weekend to decide whether interest incurred on EMIs during the moratorium period can be charged by banks.

A bench comprising Justices Ashok Bhushan, Sanjay Kishan Kaul and M.R. Shah queried Mehta as the court was concerned since the Centre has deferred loan for three months.

"Then how can interest of these 3 months be added?" the apex bench asked. Mehta replied: "I need to sit down with the RBI officials and have a meeting."

SBI's counsel, senior advocate Mukul Rohatgi, intervened during the proceedings and said "all banks are of the view that interest cannot be waived for a six month EMI moratorium period".

"We need to discuss it with the RBI," insisted Rohatgi.

Justice Bhushan then asked Mehta to convene a meeting of the RBI and Finance Ministry officials over the weekend, and listed the matter for further hearing on June 17.

The top court, during the hearing, indicated that it was not considering a complete waiver of interest but was only concerned that postponement of interest shouldn't accrue further interest on it.

After the RBI said the waiver of interest charges on EMIs during moratorium will lead to loss of 1 per cent of the nation's GDP, the top court had earlier asked the Finance Ministry to reply, whether the interest could be waived or it would continue during the moratorium period.

The top court said these are not normal times, and it is a serious issue, as on one hand moratorium is granted and then, the interest is charged on loans during this period.

"There are two issues in this (matter). No interest during the moratorium period and no interest on interest," said Justice Bhushan. The observation from the bench came on a petition by Gajendra Sharma, in which he sought a direction to declare portion of the RBI's March 27 notification as ultra vires to the extent it charged interest on the loan amount during the moratorium period.

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News Network
May 6,2020

Hyderabad, May 6: Away from city lights, two hours before Sunrise, people in India and across the world can witness Annual Meteor Shower called Eta Aquarids till May 28.

Observed since time immemorial, Meteor shower are commonly known as shooting stars which are nothing but dust flakes of comet/asteroid entering earth atmosphere.

This Annual Eta Aquarids Meteor Shower peaked on Wednesday at 02.30 am on Wednesday whereas presence of Full Moon was an obstacle outshining bright streaks of lights of this meteor shower zipping across the South Eastern sky.

As this meteor shower is active till May 28, people can still watch this celestial spectacle in early morning every day, Planetary Society of India (PSI) Director N Sri Raghunandan Kumar interacting with UNI said.

As per International Meteor Organization (IMO), 50 meteors per hour are expected to be seen on day of peak today. And this number would vary as days pass on till May 28 while earth passes through dust cloud of comet debris in its orbit.

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