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Microsoft which had discontiued security updates to its out-of-date software, has also provided a security update for all customers using Windows 8 and Windows Server 2003, anticipating further attacks on these earlier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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News Network
January 17,2020

Bengaluru, Jan 17: India’s latest communication satellite GSAT-30 was successfully launched from the Spaceport in French Guiana during the early hours on Friday.

In a press release, ISRO, has stated that the launch vehicle 'Ariane-5 VA-251' was blasted off from Kourou Launch Base, French Ginana at 0230 hours, carrying India’s GSA-30 and EUTELSAT KONNECT for Eutelasat, as per schedule.

The Ariane 5 upper stage in an elliptical Geosynchronous Transfer Orbit.

With a lift-off mass of 3,357 kg, GSAT-30 will provide continuity to operational services on some of the in-orbit satellites.

GSAT-30 derives its heritage from ISRO’s earlier INSAT/GSAT satellite series and will replace INSAT-4A in orbit.

“GSAT-30 has a unique configuration of providing flexible frequency segments and flexible coverage. The satellite will provide communication services to Indian mainland and islands through Ku-band and wide coverage covering Gulf countries, a large number of Asian countries and Australia through C-band," ISRO Chairman Dr K Sivan said.

Dr Sivan also said that “GSAT-30 will provide DTH Television Services, connectivity to VSATs for ATM, Stock-exchange, Television uplinking and teleport Services, Digital Satellite News Gathering (DSNG) and e-governance applications. The satellite will also be used for bulk data transfer for a host of emerging telecommunication applications.”

ISRO’s Master Control Facility (MCF) at Hassan in Karnataka took over the command and control of GSAT-30 immediately after its separation from the launch vehicle. Preliminary health checks of the satellite revealed its normal health.

In the days ahead, orbit-raising maneuvers will be performed to place the satellite in Geostationary Orbit (36,000 km above the equator) by using its onboard propulsion system.

During the final stages of its orbit raising operations, the two solar arrays and the antenna reflectors of GSAT-30 will be deployed. Following this, the satellite will be put in its final orbital configuration.

The satellite will be operational after the successful completion of all in-orbit tests.

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Agencies
July 13,2020

New Delhi, Jul 13: The Income Tax Department has facilitated a new functionality for banks and post offices to ascertain TDS applicability rates on cash withdrawal of above Rs 20 lakh in case of a non-filer of the income-tax return and that of above Rs 1 crore in case of a filer of the income-tax return.

In a statement, the Central Board of Direct Taxes (CBDT) said that now banks and post offices have to only enter the PAN of the person who is withdrawing cash for ascertaining the applicable rate of TDS.

So far, more than 53,000 verification requests have been executed successfully on this facility, a statement by the CBDT said.

"CBDT today said that this functionality available as 'Verification of applicability u/s 194N' on www.incometaxindiaefiling.gov.in since 1st July 2020, is also made available to the Banks through web-services so that the entire process can be automated and be linked to the Bank's internal core banking solution," it said.

On entering PAN by the bank or the post office, a message will be instantly displayed on the departmental utility: "TDS is deductible at the rate of 2 per cent if cash withdrawal exceeds Rs 1 crore", in case the person withdrawing cash is a filer of the income-tax return.

In case the person withdrawing cash is a non-filer of income tax return, the message shown would be: "TDS is deductible at the rate of 2 per cent if cash withdrawal exceeds Rs 20 lakh and at the rate of 5 per cent if it exceeds Rs 1 crore."

The CBDT said that the data on cash withdrawal indicated that huge amount of cash is withdrawn by the persons who have never filed income-tax returns.

To ensure filing of return by these persons and to keep track on cash withdrawals by the non-filers, and to curb black money, the Finance Act, 2020 with effect from July 1, 2020 further amended IT Act to lower threshold of cash withdrawal to Rs 20 lakh for the applicability of this TDS for the non-filers and also mandated TDS at the higher rate of 5 per cent on cash withdrawal exceeding Rs 1 crore by the non-filers.

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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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