FDIC: Hackers took more than $120M in three months

Ongoing computer scams targeting small businesses cost U.S. companies US$25 million in the third quarter of 2009, according to the U.S. Federal Deposit Insurance Corporation. Online banking fraud involving the electronic transfer of funds has been on the rise since 2007 and rose to more than US$120 million in the third quarter of 2009, according [...]

FDIC: Hackers took more than $120M in three months FDIC: Hackers took more than $120M in three months

News of Trojan Horse Used for Hacking Keeps Going and Going…

Researchers at the United States Computer Emergency Readiness Team (US-CERT) say that the Energizer Bunny DUO USB battery charger is infected with a trojan horse that allows hackers to steal personal information from a Window’s PC. Energizer Holdings ascertained late Friday that the USB-powered nickel hydride battery recharger was contaminated with malicious code, and the [...]

News of Trojan Horse Used for Hacking Keeps Going and Going… News of Trojan Horse Used for Hacking Keeps Going and Going…

Thailand Approves Credit Card Hacker’s Extradition to US

A Thai court has approved the extradition to the U.S. of a Malaysian man allegedly involved in hacking credit card information, causing massive losses for victims in the U.S. Gooi Kokseng will first be held in Thailand for 30 days in case he decides to appeal the court ruling, an employee at Thailand’s Office of [...]

Thailand Approves Credit Card Hacker’s Extradition to US Thailand Approves Credit Card Hacker’s Extradition to US

Google Demands Punishment for Hackers

The problem that was indeed a headache for many people not just for Google was the recent episode of hacking. Hacking has been around since the formation of internet was speeding up. A hacker can manipulate anything and can harm any computer. In fact in extreme cases, a hacker might even corrupt someone’s computer system. [...]

Google Demands Punishment for Hackers Google Demands Punishment for Hackers

Police waited for media to solve Brash’s email leaks, report reveals

After finding no breaches of the Parliamentary server and so no threat to national security, police investigating the release of Don Brash’s emails “sat back” and waited for the media to reveal the culprit. That strategy was criticised yesterday in a review of the investigation which found there was a lack of urgency once questions [...]

Police waited for media to solve Brash’s email leaks, report reveals Police waited for media to solve Brash’s email leaks, report reveals
War against botnets is everlasting, endless and fruitless

War against botnets is everlasting, endless and fruitless

09 March 2010

Last week Internet community rejoiced over the take down of the Mariposa and Waladec botnets. Still many security experts think this is not the definitive victory and in fact the winning is too small. It is the prosecution of the orchestrators behind such criminal schemes that will make the fight against botnents efficient. “We have [...]

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IBM to release secure software development tools

IBM to release secure software development tools

09 March 2010

Honing in on the need for more security in application development, IBM Rational is planning an enterprise-level product that features two separately acquired technologies for security testing and code scanning. The product, which would be released later this year, would feature Rational AppScan testing capabilities, acquired when IBM bought Watchfire in 2007, and the former [...]

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Reader exploit prompts Adobe update alert

Reader exploit prompts Adobe update alert

09 March 2010

Users of Adobe PDF Reader should check they are running the latest version of the software after the discovery of an exploit that takes advantage of a serious flaw patched only three weeks ago. According to Microsoft’s Threat Research and Response blog, its researchers have discovered a circulating PDF-based attack that hooks into the publicised [...]

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Samsung Announces Launch of Highly-Anticipated eReader for the US Market

Samsung Announces Launch of Highly-Anticipated eReader for the US Market

09 March 2010

Samsung Electronics America, Inc., a market leader and award-winning innovator in consumer electronics, announced today the imminent availability of its first-ever eReader product for the US market. Initially previewed at CES 2010 in January, the Samsung eReader makes reading a personal experience. Not only can users easily access content, but they can also write notes [...]

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Parallels to support Google Chrome OS on Mac

Parallels to support Google Chrome OS on Mac

09 March 2010

Parallels, a provider of cloud services automation and virtualisation software, has announced support for Google Chrome as a guest operating system running on Parallels Desktop 5 for Mac.b The software allows users, currently around 2 million of them, to run Windows, Linux and other operating systems side-by-side with Mac OS X. The ability to run [...]

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Fortinet’s February Threatscape Report Shows Rise in Ransomware, Spam Nears Record Numbers

Fortinet’s February Threatscape Report Shows Rise in Ransomware, Spam Nears Record Numbers

09 March 2010

A leading network security provider and worldwide leader of unified threat management (UTM) solutions — today announced its February 2010 Threatscape report showed strong spam activity, with one particular campaign accounting for more than half of the total volume of malware detected this period. In just a two-day run, HTML/Goldun.AXT, dominated spam and overall threat [...]

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Opera to Patch Browser Vulnerability Soon

Opera to Patch Browser Vulnerability Soon

09 March 2010

Opera Software will soon patch a vulnerability in its Web browser that could allow an attacker to run malicious software on a Windows computer. The problem affects Opera browser version 10.50 running on Windows and possibly others, according to an advisory from Danish security company Secunia said. Opera said two Windows security features, Data Execution [...]

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Malicious Software Turns Your Cell Phone Against You

Malicious Software Turns Your Cell Phone Against You

09 March 2010

Malicious software for cell phones could pose a greater risk for consumer’s personal and financial well-being than computer viruses, say scientists from Rutgers University. The scientists have made a particularly resilient malware, known as a rootkit, which can turn a cell phone’s microphone, GPS and battery against the phone’s owner. The researchers say their work [...]

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McAfee, Inc. Unveils New Consumer Threat Alert Program

McAfee, Inc. Unveils New Consumer Threat Alert Program

09 March 2010

McAfee, today warned consumers that “scareware,” or fake antivirus software, may be the most costly online scam in 2010, causing significant monetary loss and damage to users’ computers. Scareware is the first scam outlined in McAfee’s new Consumer Threat Alert program that warns consumers about the latest and most dangerous online threats with inside intelligence [...]

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Apple Continues Its Crackdown On the iPhone App Store

Apple Continues Its Crackdown On the iPhone App Store

09 March 2010

It seems that Apple [AAPL] hasn’t finished its crackdown on the iPhone App store just yet, after recently removing any adult themed applications and also all the WiFi detector applications, Apple’s next target is ‘cookie cutter’ style applications. These applications are basically applications which according to Apple have similar functionality to websites, so basically RSS [...]

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