Tagged With wannacry

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Although Apple makes a big song and dance about using their own silicon in iOS devices, as well as the T1 and T2 chips used in their MacBook Pro and iMac computers, they don't actually manufacture those chips. They're made by the Taiwan Semiconductor Manufacturing Company (TSMC). Over the weekend, TSMC was crippled by an outbreak of WannaCry, the highly virulent and damaging malware that caused widespread impact in May 2017.

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Experts at a security round table event in Sydney yesterday said business owners are too focussed on what's going on now, inside their businesses, and not looking at outside threats. As a result, when events such as WannaCry and NoPetya strike, they are unprepared and get hit hard.

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Mega breaches often garner the biggest headlines. Target in 2013 signalled the start of this, but since then we've seen Yahoo!, our own Red Cross Blood Bank, the US Department of Personnel Management and others suffer data exfiltration either by malicious parties or through human error. But something more troubling has been happening and it has me worried. Many of the protocols we rely on are under threat.

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With WannaCry garnering a lot of attention over the last few days, it's easy to forget that the root cause of the damage it wreaked is still out there. The vulnerability it exploited was a weakness in Windows' file-sharing protocol. And while the threat of WannCry has been largely contained, if the vulnerability, dubbed EternalBlue by the NSA, remains unpatched, it can be exploited by others. And that's something being identified in the wild.

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Microsoft's President and Chief Legal Officer, Brad Smith, says this week's WannaCry attack "provides yet another example of why the stockpiling of vulnerabilities by governments is such a problem". And while Smith says Microsoft and other tech companies need to take the lead on combatting these widespread attacks, he highlights the shared responsibility required to protect, detect and respond to threats.

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By now, you'll know all about WannaCry - a ransomware attack that ran rampant late last week and over the weekend. While ransomware attacks suck - they can cost a lot to recover from whether you measure that in ransoms or time lost in recovery - the worrying thing about WannaCry was the attitude of many organisations when it comes to updates and patching.