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.
Apple, Microsoft, Alphabet, Cisco and Oracle hold about $504B, approximately one-third of all corporate cash in the United States
The Fund's head says 'corruption has a pernicious effect on the economy'
Exit would cost average monthly salary for each household, Organization for Economic Cooperation and Development says
Firms to see deterioration in credit metrics as low oil prices impact cash flows
OPEC exporters as well as other non-OPEC producers, including Russia, fail to agree on oil output freeze
Moody's has upgraded Argentina's credit rating after a US appeals court ruling this week cleared the way for Buenos Aires to proceed with the biggest debt issue by an emerging market country in 20 years.
Ahead of Doha meeting, OPEC says 'hurdles prevail as oversupply persists and inventories remain high'
Kuwaiti OPEC head says Russia and OPEC are likely to agree on oil output freeze
'The good news is that the recovery continues; we have growth; we are not in crisis,' Christine Lagarde says
The meeting is a 'follow-up' to last month's talks between Qatar, Russia, Saudi Arabia and Venezuela when they proposed an accord to freeze oil output at January levels
'They are not trimming output, only keeping it at the same levels...this is the same unchanged policy,' one expert says
Iran joining Venezuela, Saudi Arabia, Qatar and Russia in freezing oil output levels
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'