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
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
February 29,2020

Ahmedabad, Feb 29: The presence of two feral pigeons onboard a GoAir flight at the airport in Ahmedabad in Gujarat created a flutter among the amused passengers, even though the avian surprise did not lead to any untoward incident or delay in the flight.

The incident took place on Friday when the passengers were boarding the Ahmedabad-Jaipur flight.

"Two pigeons had found their way inside the flight G8 702 while the passengers were boarding," an airline statement said on Saturday.

"The crew immediately shooed away the birds. The flight took off at its scheduled time at 5 p.m.," it added.

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