World Bulletin / News Desk
Microsoft Corp said it has fixed a security bug in Internet Explorer that hackers exploited to attack some customers.
The attacks prompted the German government and security experts to urge people to temporarily stop using the browser.
The software maker said late Wednesday that the permanent repair to the software, used by hundreds of millions of people, would be released on Friday. A majority of Microsoft Windows users have their computers set to automatically download that update.
Microsoft spokeswoman Yunsun Wee said in a statement that "the vast majority" of Internet Explorer users had not been attacked as a result of the security flaw.
The vulnerability in Internet Explorer was identified on Friday by a Luxembourg-based security researcher. His computer was infected while analyzing a computer server used last year to launch a cyber industrial espionage campaign on dozens of chemical makers and defense contractors.
Network security firm AlienVault said on Tuesday that it had discovered three other servers that hosted malicious websites that exploited the Internet Explorer flaw. It said the latest round of attacks targeted defense contractors, not the general public.
Internet Explorer was the world's second-most widely used browser last month, with about a 33 percent market share, according to StatCounter. It was close behind Chrome, which had 34 percent of the market.
Depreciation of emerging market currencies, combined with low commodities prices, have made investors around the globe nervous
Global growth at further risk from Chinese asset price deflation, and US interest rate increases, Moody's says
Traders fear Chinese government will withdraw support measures markets
European Commission president 'convinced' three-year plan will boost investment in EU
Deal aims to bolster fight against tax fraud through exchange of financial information on Turks holding accounts in US and vice versa
Vessels were delivered to port of Alexandria on June 17
The economic cost of violence according to the 2015 Global Peace Index has reached a staggering $14.3 trillion with Syria the least peaceful country.
The leading opposition lawmaker has said that Turkish President Erdogan is open to all possiblities for a coalition.
Qatar has filed a lawsuit against the leader of the National Front in France for his comments regarding "terror" activities.
Saudi Arabia will put in place an electronic bracelet system for all pilgrims visiting the country to perform their Hajj duties.
After U.S. Federal Reserve Chair Janet Yellen indicated that the central bank was poised to raise interest rates, European stock markets fall.
Italian company Enel will invest 18 billion euro for renewable energy sources in Africa.
Azerbaijani president said in a statement that Southern Gas Corridor project will supply neighboring and European countries for a 100 years
Oil prices rose above $60 due to Iran's call for oil production cut
Economic growth in the Euro-Zone is not at desired levels.
Director and Global Head of Islamic Finance at Standard & Poor's says that growing market for sukuk and new players mark 'significant interest' in Islamic finance.