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World’s largest oil company Saudi Aramco hit by malware

Saudi Aramco, the national oil company of Saudi Arabia, reported a serious security breach which may caused major disruptions in their network. A piece of malware caused a …

Scientists create algorithm for tracking down sources of online attacks

One of the problems when it comes to catching online criminals of any kind is the fact that it is often extremely difficult to pinpoint the origins of internet attacks – …

New financial malware targeting banks avoids AV detection

Two years ago, Trusteer discovered Silon, a financial malware that was defrauding online banking customers protected by two factor authentication systems left and right. In …

Blizzard confirms hack, urges users to change passwords

Blizzard’s CEO Mike Morhaime has confirmed in a letter that the company’s internal network has been breached this week. The “unauthorized and illegal …

eBay’s security efforts lead to massive fraud drop and 3K arrests

eBay, the notable online auction and shopping mammoth website and the company that runs it, has taken the fraud threat seriously and has managed to cut it by 90 percent in the …

Web apps experience 2,700+ attacks per year

The median annual attack incidents on the 50 Web applications observed was 274 times a year, with one target experiencing more than 2,700 attack incidents. According to a new …

The fuel that drives global cybercrime

Karine de Ponteves is a FortiGuard AV analyst with Fortinet. In this interview she discusses how cybercriminals exploit major events to deliver malware, the oversharing of …

The underground economy of social networks

In a new study, Barracuda Labs analyzed a random sampling of more than 70,000 fake Twitter accounts that are being used to sell fake Twitter followers. They also analyzed some …

Sensitive info of 8,000 people compromised in US EPA breach

5,100 current employees of the US Environmental Protection Agency and around 2,700 “other individuals” have been notified of a breach into the agency’s …

US banks targeted with advance-fee scams

It seems that gullible or desperate individuals aren’t the only ones who fall for advance-fee scams, as the US Federal Deposit Insurance Corporation has recently …

Can big data analytics reduce cyber risk?

The Information Security Forum (ISF) has released a report that recommends proactive, preventative big data analytics for businesses that want to increase business agility, …

Infosec student pleads guilty to online coupon scam

A former computer security student who was arrested in May 2011 for posting counterfeited coupons online, has plead guilty to charges of wire fraud and trafficking in …

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