December 16, 2008

(Updated) Millions Warned Not To Use Internet Explorer After Chinese Fraudsters Use Security Flaw To Hijack Computers

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Via Daily Mail

More than two million computers worldwide have been infected because of a major security flaw in Microsoft's Internet Explorer web browser, the software giant admitted today.

Security experts urged people to switch to rival browsers such as Firefox, Opera or Safari, until the bug has been fixed.

The problem, first revealed last week, allows criminals to take over computers and steal passwords if the user visits an infected website.

As many as 10,000 sites have already been compromised to take advantage of the flaw, according to anti-virus software producer Trend Micro.

So far the websites, which are mostly Chinese, have been used to steal computer game passwords which can be sold on the black market.

Hackers can secure up to 9,000 for these passwords from fanatical gamers. But Trend Micro security researcher Paul Ferguson confirmed there were major concerns that the problem could be exploited by 'more financially motivated criminals for more serious mayhem'.

More from Washington Post and other sites

Update: More detailed info from Shadowserver Foundation here

Also, Microsoft Security Advisory (961051)

Update II: Microsoft issuing an emergency fix

By Stable Hand at 11:18 AM | Comments |