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Illustration: Sarah Grillo/Axios

Microsoft is releasing a security patch Tuesday to fix a major flaw in the Windows operating system. Although Microsoft says it hasn't seen evidence the issue has been exploited in the wild, it could allow an attacker to "decrypt confidential information."

Why it matters: The flaw represents a significant vulnerability and was turned over to Microsoft by the National Security Agency. In the past, the NSA has kept some Windows flaws to itself to use for its own purposes.

What's next: Microsoft confirmed details of the flaw and the release of the patch, adding that its security software can detect and block malware attempting to use this vulnerability. ​It affects versions of Windows 10 as well as the 2016 and 2019 versions of Windows Server, but not Windows 7, Windows 8 or earlier versions.

  • "We have not seen any evidence that this technique has been used in the wild," Microsoft said. "As always we encourage customers to install all security updates as soon as possible.”

The vulnerability was rated "important," Microsoft's second highest rating, because it involves user interaction to be exploited. (Critical flaws can be exploited with no user interaction.)

Krebs on Security, which reported the existence of the patch Monday night, described it as "an extraordinarily serious security vulnerability in a core cryptographic component."

  • Also, per Krebs, Microsoft has already delivered a patch for the bug to the U.S. military and other key customers and potential targets, such as the companies that manage internet infrastructure. Those companies had to agree not to disclose details of the vulnerability.

In a statement, Microsoft said it doesn't release production-ready updates ahead of its regular Update Tuesday schedule, but it does give advance versions to partners "for the purpose of validation and interoperability testing in lab environments." Those who get the advance versions are not supposed to use them for production machines.

What they're saying: Longtime security expert Dan Kaminsky, chief scientist at White Ops, said that the flaw is a big deal, despite the less-than-critical rating assigned by Microsoft.

"It does happen that some bugs are 'overhyped'. Not this one. A flaw here exposes itself on sensitive attack surfaces across the entire Windows platform, in subtle ways that are difficult to predict and — critically — would be highly reliable. Absolutely the real deal, patch this immediately."
— Dan Kaminsky, to Axios

Go deeper

Updated 29 mins ago - Politics & Policy

Omicron dashboard

Illustration: Shoshana Gordon/Axios

  1. Health: Concerns grow over CDC's isolation guidelines — Experts warn of more COVID-19 variants after Omicron.
  2. Vaccines: America's vaccination drive runs out of gas — Puerto Rico expands booster shot requirements.
  3. Politics: Joint Chiefs chair Gen. Mark Milley tests positive for COVID-19 — Vivek Murthy calls SCOTUS vaccine mandate block "a setback for public health."
  4. Economy: Report: World's 10 richest men doubled wealth during pandemicAmerica's labor shortage is bigger than the pandemic.
  5. States: America struggles to keep schools open — Youngkin ends mandates for masks in schools and COVID vaccinations for state workers.
  6. World: Greece imposes vaccine mandate for people 60 and older — French parliament passes COVID vaccine passport legislation.
  7. Variant tracker

Joint Chiefs chair Gen. Mark Milley tests positive for COVID-19

Photo: Olivier Douliery - Pool/Getty Images

Mark Milley, chairman of the Joint Chiefs of Staff, tested positive for COVID-19 on Sunday.

State of play: Joint Staff spokesperson Col. Dave Butler said in a statement that Milley — who is fully vaccinated and has received a booster shot — is experiencing "very minor symptoms" and is "working remotely and isolating himself."

Momentum builds to ban lawmakers from trading stocks

Illustration: Sarah Grillo/Axios

Some progressive Democrats and MAGA Republicans are uniting on a proposal to ban sitting lawmakers from trading individual stocks, although it's unlikely that leadership will bring the bill up for a vote.

Why it matters: Members of Congress have great power to move stock prices, and great financial incentives to do so.