Microsoft warns of three 'critical' security flaws

Microsoft Corp on Tuesday warned of three "critical" security flaws in its Windows operating system that could allow attackers to take control of a computer.
Microsoft, the world's top software company whose Windows operating system runs on 90 percent of the world's computers, issued patches to fix the problems as part of its monthly security bulletin.
One of the critical vulnerabilities appears in some versions of Internet Explorer that could make it possible for an attacker to use the Web browser to take total control of a PC.
The other two "critical" vulnerabilities were in the Windows operating system.
The company defines a flaw as "critical" when the vulnerability could allow a damaging Internet worm to replicate without the user doing anything to the machine.
The company also issued another security warning it rated at its second-highest level of "important" for Microsoft Windows as well as one it gave a severity rating of "moderate."
A vulnerability defined as "important" is one where an outsider could break into a machine and gain access to confidential data but not replicate itself to other computers, Microsoft said.
Microsoft has been working for more than three years to improve the security and reliability of its software as more and more malicious software targets weaknesses in Windows and other Microsoft software.
The latest patches can be downloaded at www. microsoft. com/security.
LICENSING PACT:
Microsoft Corp, the world's largest software maker, said on Wednesday it signed a three-year, $250 million licensing agreement with China's Founder Technology Group Corp, part of an effort to strengthen the country's intellectual property rights.
The agreement follows similar announcements last week between Microsoft and Chinese PC makers TCL Group and Tsinghua Tongfang Co. They allow the computer makers to sell PCs with pre-installed, licensed Microsoft Windows software.
Tsinghua Tongfang, China's No 3 PC maker, said it planned to pay Microsoft licensing fees of $120 million over three years, while TCL said it would pay $60 million in the next three years.
Founder, TCL and Tsinghua Tongfang all said the agreements show that they are committed to protecting intellectual property rights. China, the world's fastest-growing major economy, has called on state-owned companies to take the lead in using only licensed software as the country seeks to bolster intellectual property rights.