“Investigators led by the Federal Bureau of Investigation and aided by Facebook Inc, have busted an international criminal ring that infected 11 million computers around the world and caused more than $850 million in total losses in one of the largest cybercrime hauls in history.” Source:Facebook helps FBI bust cybercriminals blamed for $850 million losses [...]
“In ‘Strategic Cyber Early Warning: A Phased Adaptive Approach for NATO,’ a paper from the Smarter Alliance Initiative, Jason Healey, director of the Atlantic Council’s Cyber Statecraft Initiative, and Leendert van Bochoven, NATO and European Defense leader at IBM, formulate steps for NATO to improve its cyber warning system. Both agree that NATO could have [...]
“A password-cracking expert has unveiled a computer cluster that can cycle through as many as 350 billion guesses per second. It’s an almost unprecedented speed that can try every possible Windows passcode in the typical enterprise in less than six hours.” Source:25-GPU cluster cracks every standard Windows password in <6 hours | Ars Technica
“The Hong Kong government has thrown HK$9 million (£730,000) at a new Cyber Security Centre in a bid to tackle the growing threat to critical infrastructure in the Special Administrative Region of China.” Source:Hong Kong cops open £700k cyber security centre • The Register
“The US Secret Service has begun an investigation over an ‘immense’ security breach in which an employee left computer tapes on a metro train.” Source:Secret Service launches investigation into ‘immense’ security breach as computer files left on metro – Telegraph
“The US government and all its military branches are naturally a prime target for cyber attacks, but exactly how bad is the situation? Those numbers aren’t thrown around loosely, but Hewlett Packard on Wednesday inadvertently released some statistics for the US Navy’s IT network, and they don’t look pretty. ‘For the US Navy we provide [...]
“One security official claimed WikiLeaks’ ”inner group” now comprised only ”four to six people, including Assange” and that its website was ”running on empty” financially. ”WikiLeaks doesn’t have an electronic drop box any more; they haven’t published anything of any great consequence for many months. There’s just a Twitter feed. This phenomenon has run its [...]
“In a case watched closely by banks and their commercial customers, a financial institution in Maine has agreed to reimburse a construction company $345,000 that was lost to hackers after a court ruled that the bank’s security practices were ‘commercially unreasonable.’ People’s United Bank has agreed to pay Patco Construction Company all the money it [...]
“Microsoft Security Essentials, Redmond’s free antivirus tool for home users and business with up to ten PCs, can detect just 64 per cent of zero-day threats when running under Windows 7. That low detection rate has cost it the AV-TEST Institute’s seal of approval, a certification it hands out to products that meet 11 of [...]
“Butterfield Bank has been targeted in another online e-mail scam, this one using the real name and contact details of an actual bank employee. This fraudulent e-mail correspondence asks customers to update their security questions on their online account. There is an embedded link encouraging unsuspecting victims to ‘Get started’ changing their account details. To [...]
