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.
According to the ratings agency Moody’s, Iran is fiscally and structurally well placed to come back into the global economic scene
PM Davutoglu meets the heads of the world's largest companies as he promotes Turkish economic interests at World Economic Forum
Fund cuts global growth forecasts for both 2016 and 2017 by 0.2 percentage points
'Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population'
At a meeting in Vienna on Friday, the Organization of the Petroleum Exporting Countries decided against cutting output to raise prices
OPEC has agreed to raise its output ceiling to 31.5 million barrels per day
OPEC's poorer nations, led by Venezuela, want a cut to help boost prices
Move gives international recognition to renminbi, fund's Christine Lagarde says
Summit is expected to provide member states with opportunity to consult, exchange views on the most important issues concerning them in the framework of the Gas Exporting Countries Forum
Slowdown in Chinese economy, rising oil stocks in US, and oversupply from OPEC are all factors making price of oil lower
'World is more connected than ever before. More and more developing countries are seeking to join global trade networks,' WTO director-general says
European Central Bank is ready to use ‘all instruments available’ to stimulate the eurozone economy, Draghi says
Kazakhstan has overtaken Australia as the lead supplier of uranium for US reactors.
Depreciation of emerging market currencies, combined with low commodities prices, have made investors around the globe nervous