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Data breaches forced governments and enterprises to focus on cyber security

In the first major attack of the year, the world reeled under “WannaCrypt” that locked files on computers.

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Cyber attack has effected millions of people globally. Wikimedia Commons
Cyber attack has effected millions of people globally. Wikimedia Commons
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Mega cyber attacks such as “WannaCrypt” and “Petya” this year forced governments and enterprises globally, including in India, to focus and invest more in bolstering their security networks. In the first major attack of the year, the world reeled under “WannaCrypt” that locked files on computers. Hundreds of thousands of computers were infected with the malware in May. The primary reason for this attack being successful was not the software but human error.

On March 14 this year, Microsoft released a security update which addressed the vulnerability in the 16-year-old Windows XP operating system. Once the patch for the vulnerability was released, hacker group “Shadow Brokers” exploited this loophole and wreaked havoc in 150 countries. Those who installed the update were saved, while several who did not, fell prey to the attack.

Soon after the “WanaCrypt” attack, tens of thousands of computers globally were affected by the “Adylkuzz attack” that shut down SMB networking to prevent further infections with other malware (including the WannaCrypt worm). While Europe and major parts of the world struggled with another big ransomware attack called “Petya”, India also bore the brunt. Some Indian servers were down owing to the Petya attack.

WanaCrypt, Judy, Locky and Petya are some of the malware attacks in the recent times. Wikiimedia Commons
WanaCrypt, Judy, Locky and Petya are some of the malware attacks in the recent times. Wikiimedia Commons

The Shipping Ministry said operations at one of the container terminals at Mumbai’s Jawaharlal Nehru Port Trust (JNPT) was affected by Petya. Companies like Genesis BM, a public relations firm, had to shut down systems in India after their international servers were attacked. The month of May saw another cyber attack when a malware called “Judy” hit over 36.5 million Android-based phones, making its way through Google Play Store.

In August, the “Locky” ransomware, once considered almost defunct, sent over 23 million emails with the malware to the US workforce in just 24 hours. It scrambled the contents of millions of computers and demanded payment to unlock it.

A group of hackers leaked the “Game of Thrones” script, along with 1.5TB of HBO data that included other popular TV shows. The hacking group demanded approximately $6.5 million worth of Bitcoins from HBO. A group of hackers also penetrated Equifax — one of the largest credit bureaus in the world — and stole personal data of 145 million people. Accountancy firm Deloitte was also targeted by a sophisticated hack that compromised the confidential emails and plans of some of its blue-chip clients and the attack went unnoticed for months.

In November, Yahoo agreed that it was attacked in 2013 wherein criminals had information about all three billion accounts. In another massive attack, hackers stole the personal data of 57 million customers and drivers from Uber Technologies. The breach was concealed for more than a year.

Most companies fall victim to cyber attackers either because of unpatched software with known vulnerabilities or because of the human factor like people falling victim to phishing emails, Finland-based cybersecurity firm F-Secure said.

Microsoft's system are effected globally by the cyber threats. Wikimedia Commons
Microsoft’s system are effected globally by the cyber threats. Wikimedia Commons

Later in the year, the enterprise cybersecurity company FireEye said Chinese advanced persistent threat (APT) groups that have allegedly been creating cyber havoc internationally will shift their focus in 2018 to countries like India and Hong Kong and groups seen as a threat to Beijing’s influence over global markets.

Slowly becoming aware of emerging cyber threats, organisations worldwide will spend $96.3 billion on security in 2018 — an increase of eight per cent from 2017, according to a Gartner forecast. More than 60 per cent of organisations globally will invest in multiple data security tools by 2020 — up from 35 per cent today, it added.

“Cyber attacks such as WannaCry and NotPetya, and most recently the Equifax breach, have a direct effect on security spend because these types of attacks last up to three years,” the market research firm said. To ward off future attacks, the Indian government set up NIC-CERT centre to monitor, detect and prevent cyber attacks on government networks.

NIC-CERT will work in close coordination and collaboration with sectoral CERTs and CERT-In. Prime Minister Narendra Modi inaugurated the fifth edition of the Global Conference on Cyber Space (GCCS) in New Delhi in November that witnessed top global security experts deliberating on ways to fight cybersecurity. IANS

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Microsoft Expanding its ‘Dyanmics 365’ Apps Lineup

The company has also launched AI-infused apps for sales, customer service and market insights as part of the "Dynamics 365" app line-up

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Microsoft adds 2 Mixed Reality business apps to 'Dynamics 365'. Pixabay

Microsoft is expanding its Artificial Intelligence (AI)-based “Dynamics 365” apps lineup with two new Mixed Reality (MR) business apps.

The new apps — called — “Dynamics 365 Remote Assist” and “Dynamics 365 Layout” — have been added with the intention of merging MR and business applications together.

“With the release of our new AI and mixed reality applications, we are taking another step to empower every organisation on the planet to achieve more through the accelerant of business applications,” Alysa Taylor, Corporate Vice President, Business Applications and Industry, Microsoft wrote in a blog post on Tuesday.

The MR business apps will be part of the October release of “Dynamics 365”.

In 2016, Microsoft introduced “Dynamics 365” as a product line of enterprise resource planning (ERP) and customer relationship management (CRM) applications to make business apps modern, unified, intelligent and adaptable solutions, integrated with Office 365 and natively built on Microsoft’s Cloud computing service Azure.

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A sign for Microsoft is seen on a building in Cambridge. VOA

By bringing together MR and business applications, the company aims to unify systems and have a holistic view of their business, customers and employees.

“Employees need information in context to apply their knowledge and craft. Not only on a 2-D screen – but information and data in context, at the right place and at the right time and mixed reality is a technology uniquely suited to do exactly that,” Taylor added.

The company has also launched AI-infused apps for sales, customer service and market insights as part of the “Dynamics 365” app line-up.

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“The new ‘Dynamics 365 AI’ offering are a new class of AI applications that will deliver out-of-the-box insights by unifying data and infusing it with advanced intelligence to guide decisions and empower organizations to take informed actions,” wrote Taylor.

These insights are easily extensible through the Microsoft’s business analytics service — Power BI, Azure and the Common Data Service, that could enable organizations to address complex scenarios specific to their business. (IANS)