Ransomware cyber attack hits Bangladesh too, 30 cases reported so far

The US National Security Agency (NSA) should shoulder some blame for the attack, which targets vulnerabilities in Microsoft Corp systems and has infected some 30,000 Chinese organisations as of Saturday, the China Daily said.

British media credited a 22-year-old computer security expert who helped stop the attack from spreading by discovering an internet address that halted the virus when activated.

Or, in other words, nations hoard exploits to use for intelligence, and inevitably, those exploits leak and are used by crooks to cause enormous damage for the sake of cash.

"After the virus breakout, the authorities immediately made arrangements for cyber security guards and domestic cyber security companies to proactively provide security services and preventive tools", the official said.

"It's a laudable goal", he said of the Microsoft call, "But we all know some countries would sign-up and then secretly violate it".

According to a leading news agency, the group promised in a blog published on Tuesday to release similar tools every month from June to anyone willing to pay for them for access to the tech world's biggest secrets. This is one reason we called in February for a new "Digital Geneva Convention" to govern these issues, including a new requirement for governments to report vulnerabilities to vendors, rather than stockpile, sell, or exploit them. They are naturally immune to such things due to their system architecture, and their open-source nature that allows anyone in the world to suggest changes.

China's cyber authorities have repeatedly pushed for what they call a more "equitable" balance in global cyber governance, criticising USA dominance.

Trump launches commission to investigate voter fraud
He said he was sending his application for the commission Thursday and hoped to be selected, albeit as a skeptical voice. And now President Trump has turned to Kris Kobach to figure out what should be done about the American election system.

WannaCry or Wanna Decryptor ransomware seems to have used a vulnerability in Microsoft's software.

This is a good place to consider the blockchain method brought about by Bitcoin.

All-India Bank Officers Confederation Secretary S.K. Srinivas said the auto-shutdown of ATMs would be rectified soon.

Schwartz, now a lawyer with Venable, noted that "unpatched vulnerabilities are a danger to all no matter whose hands they are in".

He said domestic cyber security companies like 360 Business Security Group reminded users to install patches via security software in March, but many users ignored the fix.

In response, Microsoft released a critical security update on Friday for users operating outdated Windows' systems, such as Windows XP, Server 2003 and Windows 8.

Vernick said businesses that failed to update their software could face scrutiny from the U.S. Federal Trade Commission, which has previously sued companies for misrepresenting their data privacy measures. We must take personal responsibility for our privilege to have a global connection at our fingertips, and at the same time be careful when opening email attachments.


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