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Cyber attack eases, hacking group threatens to sell code

Wednesday, May 17, 2017, 9:59 AM

Governments turned their attention to a possible new wave of cyber threats on Tuesday after the group that leaked U.S. hacking tools used to launch the global WannaCry "ransomware" attack warned it would release more malicious code. The fast-spreading cyber extortion campaign, which has infected more than 300,000 computers worldwide since Friday, eased for second day on Tuesday.
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Some businesses in Asia disrupted by cyber attack: authorities

Monday, May 15, 2017, 9:45 AM

Asian governments and businesses reported some disruptions from the WannaCry ransomware worm on Monday but cybersecurity experts warned of a wider impact as more employees turned on their computers and checked e-mails. The ransomware that has locked up more than 200,000 computers in more than 150 countries has been mainly spread by e-mail, hitting factories, hospitals, shops and schools worldwide.
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Create 'Stressed Assets Funds' to revive NPAs: Assocham

Friday, May 12, 2017, 6:02 PM

A leading industry body on Sunday advocated the formation of 'Stressed Assets Funds' (SAFs) to revive non-performing assets (NPAs) in the banking system.The formation of SAFs will complement the recent steps taken by the government and the Reserve Bank of India (RBI) to tackle stressed assets, the Associated Chambers of Commerce of India (Assocham) said in a statement here.