on the 14th of march by microsoft.es a patch, a security update and rated critical, you should not leave it to months before applying it. secondly, people have firewalls that are little bit too open. they allow this to get in. the way this communicates should not pass firewalls. organisations, such as the nhs, was so badly affected because there are so many different hospitals and gp services which are connected and rely on each other‘s security? absolutely right. the nhs in the uk operates as if everybody trusts everybody else. everybody communicates with everybody. cannot stop the attack coming in but you can apply the patch. if they would have done that on the 14th of march it would have been protected. what you do if you are affected? you have to wipe the machine and rebuild it. that is really the only cure to this. we doubt whether paying woodwork. it is not generally a good idea and technically it does not work very well. rebuilding the system and starting from backups. the chances to back up your data is really

david: let's talk about microsoft for a moment.started that while you were in high school and you were driven to do that in computers. were you alone? did many people know about computers in those days? bill: it was a fairly special time. computers, when i was young, were super expensive. and my friend paul allen and i actually snuck into the university of washington when they had computers that weren't being used at night. and so we were fascinated by what the computer could do, but very few people were getting exposure. we had to go out of our way, and we were lucky that we did it all. -- that we did at all. and so then when the idea of moving the computer onto a chip that intel would make, and it would make the computer literally millions of times cheaper than the ones we were using, so both more powerful and available to people on a personal level, then the idea of ok, it would be very different. the software you need and the way the industry would work. we were super lucky to be there when that was happening. david: so what di

we saw what microsoft is putting up a security update, a part of some of the older versions of microsofta lot of people are waking up to more of the news about these attacks and the fact we haven‘t seen a big second wave as some people were worried about, i think now we will see a lot of these conversations happening. in silicon valley and with regards to these big tech companies like microsoft. thank you so much. toshiba has missed a deadline to file its annual results, but warned it was likely to report a loss of £6.5bn. the japanese conglomerate is the world‘s second—largest chip manufacturer, with its products used in data centres and consumer goods worldwide, including iphones and ipads. it is widely expected to sell its computer chip business, in a move which could help shore up the losses. but us—based western digital, which jointly runs toshiba‘s main chip operations in japan, has filed a request with the international court of arbitration to stop the sale going ahead. london—listed platinum producer lonmin has reported a first—half operating loss of 140.4 million pounds due to a

our guest this week is the former ceo of microsoft. he leads a group trying to dissect government budgets to give americans an idea of how their tax dollars are being spend. i want to talk about what you are doing. it's interesting. we'll start there and then i'll ask how you are doing post microsoft and with the clippers. you have a whole trove of data. tell us about u.s.a. facts. steve: it grew out of my wife and my philanthropic focus on disadvantaged kids. she wanted me to get into philanthropy stuff with her. i said let's just pay or taxes. she gave me a bit after hard time and i determined i was going to figure out where government money came from and where it went and what kinds of outcomes it got. and it was hard to do, you do a search and a search. and it was hard to form a holistic view. i said i wish there was a 10k i could go read. i couldn't find anything that was that comprehensive. there is a document treasury department writes. i said let's see if we can create this. we wanted to make sure it had context, history, it wa

what does microsoft have to say? john blackstone pincks up the story. >> reporter: security evexperts have known for months about the vulnerability. they released a newer versions of its operating system but not the older versions. >> microsoft hasn't been supporting their decade-old systems hike windows xp, and this attack took advantage of that. so microsoft issued an emergency patch this past weekend. >> reporter: the fix was too late to help those already attacked. in a blog post, microsoft's president, brad smith acknowledged the company has the first responsibility to address these issues. but went on to point a finger at the national security agency, which originally identified the software flaw, then lost it when hackers broke into nsa computers. an equivalent scenario with conventional weapons would be the u.s. military having some of its tomahawk missiles stolen. in so i think the nsa should probably err on the side of disclosure. >> reporter: in seattle, kyle kosher works to defend against ha could have do

make sure microsoft is finding things that go wrong. have to install everything that is out there. if you're running windows xp, i hope to god very few are, throw that computer away and get another new one because microsoft won't support the critical patches for these things forever. >> brangham: and don't click on dodgy e-mails. >> absolutely. >> brangham: eric geller, politico, thank you so much. >> woodruff: north korea today hailed its test of a new, intermediate-range missile and claimed it ca now hit u.s. bases in the pacific with a nuclear warhead. state tv broadcast footage of sunday's launch. the missile traveled nearly 500 miles, but analysts said it could have a maximum range of 2,500 miles. so just where is the north in its development of missile technology, and its nuclear program? for that we turn to jeffrey lewis, the director of the east asia nonproliferation program at the middlebury institute of international studies, in monterey, california. jeffrey lewis, thank you very much for joining us. this sounds like quite an

software target's a flaw in microsoft windows and now microsoft released a security patch in march, butle who did not update their systems. microsoft stressed the importance but also says it's a wake-up attack for governments saying the information was stolen from the nsa. they say the government should treat cyberspace as it does physical weapons. a remarkable statement from microsoft about this hack. again, this is going on as we speak, as people are waking up this morning. >> a new starting and a lot of concern. let's get more on the global impact of the cyber attack and what could be in store with business and technology correspondent samuel burke live for us in london. good to see you, my friend. so, they stopped this over the weekend, but it looks like a new batch has started. what's the latest on this wanna cry virus this morning? >> reporter: good morning, dave. good morning, christine. they stopped the spread of this virus, but it doesn't matter, because a lot of computers were already infected. remember, this hit the u.s., we started breaking this news on friday. by that time,

the software targets a flaw in microsoft windows, and now microsoft has released a security patch.ch, but the virus hit networks that had not updated their systems with that patch, which microsoft stressed the importance of in statements sunday, also said this attack is a wake-up call for governments, kind of a remarkable warning from microsoft to governments, nsa in particular where this came from. >> let's get more on the global impact of this cyber attack. what could be in store today? cnn business and technology correspondent samuel burke live in london. >> good to see you, samuel. >> we report there 150 countries. we know there are new cases today. any yet in the united states and how do our viewers protect themselves this morning? >> reporter: good morning, dave. good morning, christine. the claws of this ransomware are still sinking in. if we want to get a preview of what's going to be happening in the united states, let's go to china, where they've already had their monday morning 40,000 infections there. remember, this news broke on friday. folks were already at home there

microsoft fixed the problem are few months ago.computers but organisations like the nhs are using computer systems that are so updated that the patch would not apply without extra cost and effort. it seems to be described as a wake—up call. many people had warned something like this could happen. some of the press are reporting that it seems that these cyber weapons could have been stolen from the national security agency? the nsa have not said anything. the timeline is interesting. a group called the shadow brokers leaked a treasured trove of tools from the nsa, so they say. in order to hit targets in the cyber arena. those were called zero day attacks. once they were out in the open, that was a free for all for any criminal enterprise and state actors to create tools based on these things found by the nsa. the question asked of the nsa is what obligation does the us government have if it finds a floor, why is it keeping that to themselves is said about applying companies like microsoft and sold the problem will quickly. ——a flaw.

vonnie: microsoft, when you think about primarily of software company, how important is hardware to microsofthis shows you hard their job is. they are threading the needle with historic efforts, including massive failures, as well as trying to turn the business to areas with your success and greater margins. hardware margins will never be the same as software margins. took an $8 billion right off from that acquisition. that is a massive screwup by microsoft. they are stuck with this effort in hardware. hadcan see a company that success in software completely abandon hardware. what they found out with the surface pro is how to have a successful device, not least of which through the pen, but they also have led the way for other companies to come out and innovate with microsoft software. frannie's concept of -- frenemies. they are inspiring products out of hp, dell, lenovo, and others. and beingompeting inspired by the innovation microsoft is showing on the hardware side. vonnie: why announce this in china? cory: this is unusual. this shows not just the success microsoft has had in china, but a

doesn't microsoft have pointy?iscovered flaws and just sit on them are playing a dangerous game, aren't they? that point is totally irrelevant to the outbreak of this incident. in fact, microsoft has fixed the bug that is being exploited by this new attack two months ago. so, you say they have released this but nobody took up have released this but nobody took up this information. if the spread of information the problem here? up this information. if the spread of information the problem here7m a sense, that's right. the problem here is that microsoft had released a fix for this problem and there we re a fix for this problem and there were a lot of people who didn't bother updating their systems to correct the problem. so, it's not as though the government had much to do with that. the government did have a role in this in that it brought attention to it but the problem has actually been fixed a long time ago and when the government taking advantage of this was revealed, the fix in place was about a month. we had a

so what does microsoft have to say? john blackstone picks up the story. >> reporter: at microsoft's campus near seattle, security experts have known for months liout the software vulnerability that made this attack possible. in march, microsoft released a fix for users of newer versions of its operating system, but not a fix for the older versions. avi rubin teaches computer science at johns hopkins university. >> microsoft hasn't been supporting systems like windows xp. this attack took advantage of that. ok microsoft issued an emergency patch this past weekend. >> reporter: the fix was too late to help those already attacked. in a blog post microsoft's president brad smith acknowledged the company has the first responsibility to address these issues. but went on to point a finger at the national security agency, which originally identified the software flaw then lost it when hackers broke into n.s.a. computers. >> i think the n.s.a. should >> i think the n.s.a. should abobably err on the side of disclosure. >> reporte

how do you value microsoft these days? as we look at that growth, you will have to start putting this thing in there. that's why i say it's too cheap. i think you do, too. >> look, you want to know why? look how lousy ibm is. you realize what a great job microsoft is doing. morgan stanley said it can rally 40% from here. if you want to trade it against this 150 level, it's interesting. that's where we bottomed out in october. my point is, when you see how poorly ibm is doing. it makes you realize how quickly microsoft is. >> i have a notion. weren't we talking about the same phenomenon with the biotech index money lifted all boats and we saw that quickly evaporate when there was one tweet, it took down all, even a quality name you could name, baening the table. >> wait, let me push back on that table case work. the valuations were, i mean, in a whole other kind of math. i don't even know how you growt the got there, right? i don't think that's the case at all when you look at these businesses that have tremendous cash flow

attacks microsoft windows. they are concerned, this ra nsomwa re was as they are concerned, this ransomware was developed by the national security agency in the us and they were then hacked by the people who propagated this is ra nsomwa re. can you people who propagated this is ransomware. can you confirm that is what happened ? ransomware. can you confirm that is what happened? no, i have no independent evidence of that. i have seen independent evidence of that. i have seen what microsoft had said and what vladimir putin has said. we have no confirmation. it is a massive exploitation of the flaw within the microsoft operating system by a criminal group stop who developed that flow? that is my question as well. you have just told me what close ties you have with us sister agencies say he would know if the nsa was indeed responsible for storing knowledge about the vulnerabilities in some windows microsoft operating systems. we are still working to get to the bottom of this. cannot answer that question today. if

emily: microsoft is blaming the u.s. government.he government is pointing fingers at microsoft and other companies. who is to blame, as for how it got out of control? >> microsoft is not going to come out of this looking good. there was a patch issued when the initial vulnerability was brokers. the shadow everybody knows that not everyone does catches the way microsoft would like them to. there is a question, whether microsoft ought to ship their operating systems that is safer to begin with. they might rethink the process. however you look at it, microsoft is not looking good. is it the intelligence agencies, or is there some moved to look at the way that these vulnerabilities were first developed i the nsa, that then, insider hackd an that allowed the information to be released? this is the way nationstates nationstates work. china and russia do this. i'm not sure if we should point the blame at the nsa. mike riley d.c., covering cybersecurity, thanks for the update. as a whole rallied on the news of the ransomware attack. able to

of course it's not just microsoft.last night, we spoke with the divisionary ceo of salesforce.com, cloud king. look at this, the stock's been on fire, as you can see from the daily chart. poncy points out that the daily -- another one's doing the same thing, but more important, the stock has spent the past month performing a bully consolidation pattern. it's done so on low volume, which poncy says is pretty normal. right now they think that traders are waiting for salesforce to break out to the up side on high volume. i like salesforce and if you're going to wait, i suggest a pull back so you can pick it up on weakness, but if you don't get a pull back, and you don't already own it, you've got my bessing to put a partial position on now because i think this is too good a level, it's been really consolidated for a long time. microsoft can just go up like that. we can't ignore the move on adobe systems, this is the digital media and software company that's been moving into artificial intelligence, which is a key position

however you look at it, microsoft is not looking good.s it the intelligence agencies, or is there a way to look at these full and our abilities first developed in the nsa, that then, themselves had an insider hack that allowed the information to be released? that is the way nationstates work. china and russia do this. everybody does this, it is how they spy. i'm not sure if we should point the blame at what that nsa for what it is designed to do. emily: mike riley d.c., covering cybersecurity, thanks for the update. the industry as a whole rallied off the news of the ransomware attack. symantec says they were able to block at least 22 million attempted attacks. security experts saying they may know who is behind them. joining me, symantec's ceo. you were nodding as mike was speaking. your researchers believe north korea was behind it? >> we have produced evidence that shows the people who were involved in attacks were linked to north korea. some of the code of the used, fragments of the attack are present. it does not mean north korea did

well the cia is not the help desk for microsoft. microsoft are a big corporation. have had this patch for a very long time. they have been trying to sell it to people, but people haven't been buying it. now they're reaping what they have sold a little bit. neil: it could be the best sales program ever tore microsoft, right? >> funny you say that. i was thinking about that sitting in my seat. but i don't want to go into conspiracy theories, neil. we wouldn't do it on the show of course. neil: well-put, greg. always good having you, thank you very, very much. >> thank you. neil: this seems to be ramping here. we're not trying to link future attacks but the fact that this was so widespread and incorporated so many different countries and again, with microsoft now blaming it on governments that had this information to greg's point, that what prompted a lot of folks to say, microsoft you could have done more to prevent this. microsoft saying we did warn people about this, including very governments who are supposedly alarmed. from that delightful story to north korea. y

it used in old versions of microsoft as an offensive cyber weapon.ef legal officer saying this attack provides yet another example of why the stockpiling of vulnerabilities by governments is such a problem. russia's vladimir putin also weighing in. pinning the blame on the u.s. for this attack. saying to the media in beijing, malware created by intelligence agencies can backfire on its creators. guys, back to you. >> all right. thank you, josh lipton. >>> joining us now for more, roger mcnamee. welcome, rog ferroger. >> good to be. but tough day, huh? >> it seems unlikely governments are going to stop stockpiling cyber tools, cyber weapons. it seems like the nuclear arms race. but what should we expect to happen from here? i mean, i think it's kind of mind blowing that this got out there. >> jon, i think that's exactly the point. it's not like this was a new kind of hat. people have been doing ransom ware hacks of this kind for ten years. the bitcoina agngle and the low ransom price allowed them to scale it globally to the thing we're seeing right no

microsoft has blamed the attack on the u.s. government. it said u.s. security agencies stockpiled harmful software code and sought to exploit it. once tollen, this was then used by hackers to launch these attacks. this is an emerging pattern in 2017, said microsoft director brad smith in a blog post. we've seen vulnerability stored by the c.i.a. show up on wikileaks and now this vulnerable stolen from the n.s.a. has affected customers around the world. microsoft said users should if they haven't already, install a security update released in march. many feared different, more harmful versions of this malware are likely to follow. >> let's come back here now to paris and the french capital is hosting the evaluation commission for the international olympic committee. paris is on the charm offensive to make sure the 2024 games are held here and not in the biggest rival for the olympics, los angeles. that three-day visit got off to a good start with the evaluation chairman giving high praise already for paris' bid for the 2024 games. france 24's sports edi

but any time microsoft comes out and says there isa microsoft comes out and says there is a criticalr softwa re is a critical problem with our software which cybercriminals can exploit, you have to listen and you should apply those patches. talking of patches, microsoft sent out this patch in march when it first became evident that the ransomware was out there. the nhs did not apply it. the more you look into less the more simple in its bases it seems. it does not appear to have been some great hacking organisation that have done this. it seems to have been a lucky hit full —— by whoever was behind it. the people behind attacks like this simply want to hit is made people as possible. they were not specifically targeting any of the organisations that were hit. they simply set the virus loose. they are keen for as many computers as possible to be hit because they will make more money in return. and frankly the nhs was something of a sitting duck. but so were other organisations. but what i think is most disturbing about this is that this vulnerability which the worm was exploiting was

it is back to school for microsoft. tech behemoth has announced the launch of its new surface brand of device, surface laptop. it is aimed at college students loyal to apple, and it is a departure from the surface book. mark gurman got a peek at the new device. take a look. reporter: this is the new microsoft surface laptop. we got an exclusive sneak peek. this laptop can shake up the market with its $999 price point, and a blend of new technologies and cool look. it is lighter than the macbook air, coming in at 2.76 pounds. it's also draped in durable fabric that you normally find in high-end cars. there's even battery life that beats macbook air by a couple hours. >> we want to not worry about bringing a power cord with you. not worry about battery life at all. reporter: the surface laptop comes with a new operating system, windows 10s. the s also comes from the world of cars, a nod to luxury. windows 10s is optimized to the new device. microsoft says it will not go down the computer overtime and gets you to work quic

we speak with microsoft's yusuf mehdi on microsoft's fight for the classroom. bloomberg. ♪ emily: is a serious bidding battle for straight best medications. verizon offered a takeover proposal, giving at&t three days to match the new offer. losing this would be a big blow to at&t and straight path is one of the biggest holders of spectrum approved for fifth-generation use and at&t is eager to use those airwaves to build the leading 5g network. back to school for microsoft, the behemoth has announced the service laptop is aimed at college students loyal staff will come the devices of archer's computer tablet hybrid. bloomberg tech got a sneak peek at the new device, take a look. >> this is the new microsoft service laptop. we got an exclusive sneak peak of the computer at the company's washington headquarters. this laptop could shake up the market with its $990 price point makes with new technologies in a cool new look. it's lighter than a macbook air coming in at 2.76 pounds. it's also draped in durable fabric you normally find in high-end cars. there's even ba

friday's cyber attack prompts a warning from microsoft's president.onday morning could bring more chaos. north korea says it has successfully tested a new type of missile, and claims the us is now within range. emmanuel macron promises to rejuvenate france, on his first day as president. his nextjob will be to name his prime minister. thousands protest in moscow against a resettlement plan that will see their homes and entire neighbourhoods demolished. and a second world war veteran becomes the world's oldest skydiver, at the age of 101. thanks forjoining us. governments and businesses around the world are anxiously waiting to see if they will be hit by a second wave of cyber attacks. the experts say the hackers have released a new version of the virus, which encrypts files and demands a ransom payment from users. microsoft criticised customers who didn't keep their systems up to date, and described the attack as a wake—up call. our security correspondent gordon corera has the latest. a cyber attack that spread like wildfire around the world, and may

microsoft is doing its best to include secret mitigation.remind you that my does like not that vulnerable windows xp, which is 15 years old. the mysterious group threat on microsoft users, smart phone users, also's apple users are open to threats. >> speaking of the issue of threats, in terms of what we expect going forward, the broader horizon in terms of threat. what will you be telling clients that they should be watching out for? >> pretty much everything. everything is connected to the internet, even if you are in your home, you can connect your fridge with internet. we are in a different era now where everything is connected to internet and everything is interconnected. people have to understand that anything that is connected is potentially vulnerable. there is no difference there. what can businesses do to protect themselves? have they been caught completely off guard in developing the right infrastructure to withstand this type of attack? a lot of them do a lot of work in that field, but a lot of them don't like to talk about it on

coming up, we speak with microsoft's corporate vice president of devices.his is bloomberg. ♪ emily: we are continuing to get updates on apples third-quarter results. ceo tim cook is on the call thing he feels great about this quarter's performance and the services business is on its way to becoming a fortune 100 company. he says app store revenue is up year-over-year, and developer numbers are up 26%. we will continue to monitor that. it is back to school for microsoft.the tech behemoth has announced the launch of its new service brand of device, surface laptop. it is aimed at college students loyal to apple, and it is a departure from the surface book. mark gurman got a peek at the new device. reporter: this is the new microsoft surface laptop. we got an exclusive sneak peek. this laptop can shake up the market with its 900 -- $900 price point, and a blend of new technologies and cool look. it is lighter than the macbook pounds.ing in at 2.76 it's also draped in durable fabric that you normally find in high-end cars. there's even battery life that the macb

microsoft is blaming the government and the government is blaming companies like microsoft.ho is to blame? mike: microsoft is not going to come out of this looking good. there was a patch issued when the initial vulnerability was leaked by the shadow brokers. everybody knows that not everybody does patches the way microsoft would like them to. they might've shipped the operating system in a way that is much safer to begin with. however you look at this, they are not looking good. is it the intelligence agencies or is there a move to look at the way these vulnerabilities were first developed by the nsa, that they themselves had some insider hack that allow the information to be released? this is the way nationstates work. china does this. russia does this. this is how they spy. i am not sure that trying to point the blame at the nsa for dying -- do what it is designed to do was going to save microsoft. emily: thanks so much that update. the industry rallied off the news of the ransom ware attack. symantec is one of them. they were able to block 22 million attacks. security ex

all microsoft mergers -- users are urged to update it as soon as possible. >>> governor jerry brown isking an unlikely ally, to create a high-speed train line between los angeles and san francisco. yesterday, he sent a letter to the president asking for a final environmental review. this project is behind schedule. in the past, brown and the trump administration have not seen eye to eye on environmental matters. >>> lots of sunshine out there today. let's talk with marc about the mother's day forecast. >> partly cloudy skies heading into sunday. not a big change in temperatures from today. upper 50s-60s today. 70s out towards napa. some changes up to the north. shower activity as well. especially in portions of the north bay. we could have an isolated shower pop up. right now, relatively clear skies over the bay area. current numbers right now, 60 towards livermore, san francisco 57 . it is that time of year where the winds pick up every afternoon. that was the case today. oakland checking in at 20 miles per hour. a gust up to 41 miles per hour towards san francisco. here is a live loo

in march, microsoft released a patch.toey said you download this in case you're microsoft user, but when you see that, sometimes you think it will not be for me. i will be fine. you won't be fine. you do need to download that now. microsoft is saying they are providing security updates for people who have windows dating back to 2001. that is how massive this is. microsoft brad smith coming out ,ith a statement saying lambasting what has happened, saying the governments of the world should treat this attack as a wake-up call and need to take a different approach. if you are in cyberspace, the same rules should apply to weapons in the physical world. download not a victim, that hatch. if you are already a victim, you can pay that ransom i guess. betty: ♪ shery: it is 7:30 a.m. in hong kong. there could be a mixed open for markets across asia. chinese features are up. we are 30 minutes away from the open of the first ager market. betty: and it 7:30 p.m. sunday evening in new york. mother's day by the way. closing ont lower f

microsoft came out and said the nsa is partly to blame.he fact that they have stockpiled these -- it is not quite that straightforward. there are those in the cyber community who say microsoft might need to do a better job of issuing safe software from the get-go. obviously, the administration signed this executive order looking into cybersecurity. the homeland security advisor actually talking about this issue once again. does government enforcement need to come into play? who is ultimately responsible if it is corporations that need to invest more? where do you draw the line? guest: mark crumpton was telling us about how he recently cited with microsoft and said this is the nsa's fault. the nsa is responsible for cybersecurity, taking tariffs -- taking care of cybersecurity for the u.s. they do have a role to play in tabs on these hacks. the idea is a need to do a better job of making sure those do not get stolen and then disseminated and published. lots of roles to play. thank you very much. we did not get time to talk about bitcoin. i

it is microsoft's biggest event.n its seventh year, microsoft build is an annual conference designed for developers, and earlier this week, there were 5000 who descended over seattle to dream up the future of pc's, tablets, phones, gaming consoles, and ai innovation. >> here are 10 japanese restaurants in seattle. caroline: microsoft's siri-like digital assistant, announced at build three years ago. >> ai is everywhere. caroline: ceo satya nadella took the stage to announce his vision of ai available to everyone, powered by the cloud. furthering that commitment is this microsoft new england lab, at the forefront of machine learning research, connected to health care, social media, economics, and more. i traveled over 3000 miles from san francisco to cambridge to visit the lab and sit down with the managing director of microsoft research new england. >> what we're doing is we have deep collaborations between people in ai and, for example, economics and biomedical. caroline: this new england lab is part of a microsoft

emily: how important is hardware still to microsoft? billion business for the last fiscal year. it has been quite a focus in just in to revenue, terms of coming up with new categories where they can show what windows can do. anyone --ory, this to two in one laptop tablet hybrid, they pioneered it, but apple stepped up. this new version of the battery life by about 15%, has a new intel chip, and has interesting and compelling features, like the luxury material on the keyboard that they had in the laptop. just for volume, it is important for them to get a new version of this in the market. this is also the first launch they have done of a product outside the u.s. there was a desire to show the importance of the chinese market. they are giving china special version of windows 10. they announced this in china. why is that? reporter: the chinese government has not been willing to use either windows eight or windows 10, which obviously, we are talking the entire chinese government -- state, local, and state owned enterprises. the code is a hu

microsoft do not fix the many more, which makes it vulnerablem microsoft do not fix the many more, whicht vulnerable. it is striking looking at the information. we had an article in the british medicaljournal morning, the day before, there would be in this doctor's view, an attack on the end of the year and flagging up the vulnerability. i saw information the us department of homeland security says a security patch was released two months ago and people do not seem to have used it and in december it was reported almost all the nhs was using an obsolete version of windows. it is not that they woke up yesterday and thought, we did not realise. that information has been out there and people do not appear to have acted on it. it is a sad fa ct to have acted on it. it is a sad fact something like 95% of all cyber attacks happen around known flaws. what is needed is the discipline to make sure you are updating software when updates come out, so the fixes to these flaws are applied, such as this one. clearly, most of the organisations affected by this ra nsomwa re have not organisations affecte

but i have seen what microsoft have said, seen what vladimir putin has said as well.on of that. what we see is a massive exploitation of a flaw in the microsoft operating system by the criminal groups. the question is, who developed that flaw? that is my question as well and we're still looking at that. you have just told me what close ties you have with us sister agencies so you would know whether the nsa was indeed responsible for storing knowledge about the vulnerabilities in some windows microsoft operating systems. we are still working with many federal agencies, including the fbi, to get to the bottom of this. today, i can't answer that question because we don't know for sure. if i'm going to say something like that, i better know my facts, and i don't yet. are you telling me you can't tell me or you...because it seems surprising to me you do not know, you've had days working on this now. we have had about 48 hours during a period of which our focus has been on stopping the spreading of this into other public services, for example. the investigation is a high pr

.> vendors are in a tough spot microsoft being the vendor in this case. strategy for new eliminating then support for older products. unfortunately, in this case, many of those older products are vulnerable. it truly is an economic issue for microsoft. how long do they continue to support old products? bitso, i feel a little sorry for the vendor, but at the thattime, this is an issue has long been a security concern for most of us. and that is the ability of companies and consumers to be able to patch their system. back to your point, should we blame nsa? maybe they did serve -- deserve a little bit of blame, but microsoft released the bad code that had the vulnerability. you can make the case of that if it wasn't for nsa, it could have easily been someone else who discovered it. about let's talk more tech being a weapon, because the u.s. clearly has some intelligence that laptops should not be carried on planes by .eople they are banning them from the middle east and are looking to extend it to europe. is that a legitimate concern? what good would it be

>> microsoft, google or amazon? >> i think right now microsoft.rappreciated asset amongst all three of them. what we came away from the build conference that they had this year, they had this week, in the pace of innovation of microsoft i think is going a lot faster than a lot of investors appreciate, and they're differentiation versus these other clouds is underappreciated by investors at this point. >> fair enough. thank you. excellent. thank you for coming in. when we come back we're going to talk retail detail. jcpenney, nordstrom's and other retailers feeling the pressure. dana telsey going to join us to help us understand the declines and where it all goes from here. and then later once the highest paid ceo, don blankenship was convicted for conspiring to violate federal mine safety laws at massey's upper big branch mine in west virginia where 29 workers died back in april 2010. he was just released from federal prison. literally just this week and he will be with us in the 8:00 hour. it's all yours. wow! record time. ♪ at cognizant, we're h

microsoft described friday's attack as a wake—up call.y correspondent gordon corera has the latest. a cyber attack that spread like wildfire around the world, and may not yet be over. it was launched on friday by hackers whose identity is still unknown. and what has been seen so far has already been extraordinary, say law enforcement. we've never seen anything like this, unprecedented in its scale. the latest numbers that we're seeing, over 200,000 victims, in over 150 countries, so clearly a global phenomenon. this is what victims have been confronted with, a warning they have been locked out of their computer, and they will have to pay a ransom to get back in. in britain, the nhs seems to have been the main victim. in russia, the interior ministry was hit. in france, a car plant had to stop production. and in germany, train arrivals and departure boards were hacked, leading to a return to chalk and blackboards. this map, created by a researcher who has tracked the virus, shows the spread of infection. what all those affected had in comm

microsoft up 15%. points now though with 19 minutes left in the trading session. >> president trump's budget director declared victory on avoiding a government shutdown today for 2017, but now it's on to 2018, and already the president is tweeting about a, quote, good shutdown if that even exists. details next. >>> white house budget director spoke in the past hour, and eamon is at the white house with the highlights. today's press conference cameo. >> reporter: that's right. this is a white house bristling, very frustrated over the perception battle of who won the negotiations surrounding the deal to keep the government open and running for another couple months until september. this white house feels that democrats are taking too much of the credit. take a look at the tweet from donald trump today. the president tweeted out, elect more republican senators in 2018 or change the rules now to 51%. that is the threshold to pass a bill rather than 60 votes. our country needs a good shutdown in september t

this is one way the microsoft president put it...e klein and to get the latest on the story. it shouldn't have been a surprise in itself that the security agencies in all countries are going to have cyber weapons and cyber tools that they will have to maintain national—security. what has been deeply worrying is that in this case, the nsa‘s tools were leaked in april, so that means they went from being an essay toolkit to being a toolkit for anybody who had access toolkit for anybody who had access to the internet and people have been worrying ever since that it was a matter of time before somebody came along and exploited that. there has been a reasonable gap between those hacks and this attack. clearly not long enough for everyone to get their defences in order. microsoft did issue a patch for this back in march so if everybody accepted and updated at that time, they would have been protected and the run somewhere would not have been able to do nearly as much damage as it has. the problem is with large egyptians, they have networks