Business A.M
No Result
View All Result
Monday, March 9, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Technology

Cyber attack victims failed to update software- Microsoft

by Admin
May 15, 2017
in Technology

Microsoft Corporation has blamed the National Security Agency (NSA) for the recent ransomware cyber attack that has affected over 200,000 computers in 150 countries.

The computer giant blamed NSA for storing data on software vulnerabilities which it discovered and such data was accessed by hackers.

According to Microsoft, NSA (a military intelligence organization and a constituent of the United States Department of Defense (DOD) had no need to store such vulnerabilities in a way that it could be accessed.

A statement from Microsoft President and Chief Legal Officer Brad Smith on Sunday criticised the way governments store up information about security flaws in computer systems.

“We have seen vulnerabilities stored by the CIA show up on WikiLeaks, and now this vulnerability stolen from the NSA has affected customers around the world,” he wrote.

However the corporation also blamed users of its Windows Operating System for failing to update their security software which was released since March.

Mr Smith said that Microsoft had released a Windows security update that would have stopped the attack but many users were yet to run the update.

“As cybercriminals become more sophisticated, there is simply no way for customers to protect themselves against threats unless they update their systems,” Mr Smith said.

While urging users to pay more attention to their security update, he urged government to store such security information better to avoid situations where weapons systems could be hacked.

“An equivalent scenario with conventional weapons would be the US military having some of its Tomahawk missiles stolen.”

He added: “The governments of the world should treat this attack as a wake-up call.”

Meanwhile, there are fears that more ransomware attack would be discovered on Monday as people resume work after the weekend.

Reports indicate that payments of over $38,000 dollars have been made to the hackers as the ransomware threatened to double prices after three days and to delete files after seven days.

Admin
Admin
Previous Post

Nigeria will lose billions if TB Joshua relocates church to Isreal — Experts

Next Post

U.S. companies push hard for lower tax rate on offshore profits

Next Post

U.S. companies push hard for lower tax rate on offshore profits

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

What will you leave when you’re gone?

What will you leave when you’re gone?

March 9, 2026
Ports as power: Nigeria’s economic lifelines under transformation

War at the water’s edge A Middle East conflict that is rewiring global shipping

March 9, 2026
Nigeria: electing good leaders as path to progress

Nigeria: electing good leaders as path to progress

March 9, 2026
Middle East conflicts, cost of living and butterfly effect

Middle East conflicts, cost of living and butterfly effect

March 9, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Elumelu leads corporate mourning after UBA staff die in Afriland Towers fire

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

What will you leave when you’re gone?

What will you leave when you’re gone?

March 9, 2026
Ports as power: Nigeria’s economic lifelines under transformation

War at the water’s edge A Middle East conflict that is rewiring global shipping

March 9, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M