Business


Ransomware: WannaCry cyber attack may attack Indian banking system soon, says expert

In Asia, where many offices closed before the WannaCry ransomware struck on Friday, the attack has been less severe than expected. The longer the users wait, the higher the ransom money. In any case, the wastefulness of the payment demonstrates makes Hickey ponder whether the programmers were truly after money. Should they want to get their data back, users are asked to pay up large sums of money to get a decryption key.



Finland urges focus on cooperation, climate change at Arctic Council

Secretary of State Rex Tillerson said Thursday the Trump administration was in no rush to determine how to approach the issue of climate change, but would "make the right decision for the United States". Trump himself has called the phenomenon a " hoax ", and vowed on the campaign trail to pull the USA out of the Paris agreement. The Arctic Council, he said, will continue to be an important platform as the Trump administration deliberates.



Wanncrypt Cyber Attack: "At Least 200000 Victims"

He added that the rate of infection has slowed over the weekend. WannaCry has already caused massive disruption around the globe. In the US, "the list of victims is very small", a Department of Homeland Security official tells NPR, noting that it's still relatively early in the WannaCry attack.


Landlords rein in purchases

Landlords rein in purchases

Paul Smee, director general of the CML, said: "Comparing this March to a year ago is misleading because of the peak in activity before the stamp duty changes last Spring". Overall, lending trends have remained reasonably consistent. Despite competition between lenders pushing down mortgage rates to record lows, existing owners are also facing pressures from rising clothing and energy prices.


Saudi Arabia, Russia Back OPEC's Oil Output Cut in Joint Statement

Saudi Arabia, Russia Back OPEC's Oil Output Cut in Joint Statement

US stock indexes are pointed toward narrowly mixed openings when the NY day session begins. OPEC and other major producers have reached a preliminary agreement to extend limits on output, the state-run Kuwait News Agency reported on Sunday, citing a statement by Oman's Oil Minister Mohammed Al Rumhy.


NHS cyber attack: Sheffield professor's advice on how to protect yourself

NHS cyber attack: Sheffield professor's advice on how to protect yourself

Japan's National Police Agency reported two breaches of computers in the country on Sunday - one at a hospital and the other case involving a private person - but no loss of funds. Governments and businesses across the world braced for new ransomware attacks on Monday after cyber security experts warned that malware could be activated as computers are turned on following the weekend.