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Intellectual capital is the new cybercrime currency

Cybercriminals understand there is greater value in selling a corporations’ proprietary information and trade secrets which have little to no protection making …

RSA breach: Reactions from the security community

RSA, the security division of EMC, has suffered a breach and data loss following an “extremely sophisticated cyber attack.” Their investigation revealed that the …

Rustock botnet downed by Microsoft

As many security companies and experts noted in the last few days, the activities of the Rustock botnet came to a standstill. They speculated about the reason behind this …

RSA hacked, SecurID users possibly affected

In an open letter, Art Coviello, the executive chairman of RSA (the security division of EMC), made public the fact that the company has suffered a breach and data loss …

Student charged with operating grade fixing scheme

At first glance, a 19-year-old might seem like an unlikely criminal. A school’s salutatorian (a student that has the second-highest marks at graduation) with a 4.54 …

French government networks breached in search for G20 files

It seems that France is the latest country whose government computer networks have been targeted by malicious individuals with likely ties to the Chinese government. The …

Simple protection steps from credit card fraud

Every year, cybercriminals steal billions of dollars from unsuspecting computer users and companies by committing credit card fraud. Although this activity was once relegated …

Internet fraudsters jailed for online criminal forum

A group of young internet fraudsters who set up an online criminal forum which traded unlawfully obtained credit card details and tools to commit computer offences were jailed …

A single click can open door to cybercrime

Blue Coat Systems unveiled their 2011 security report that examines Web behavior and the malware to which users are most frequently exposed. The report analyzes Web requests …

1 in 3 EU Internet users infected by malware

The EU has been at the forefront in leveraging IT advancements. The region has a high Internet penetration rate and over two-thirds of the population uses Internet. However, …

Russian hacker steals $10 million

A 27-year old Russian hacker pleaded guilty to stealing $10 million from a former Royal Bank of Scotland division back in 2008, and he’s awaiting a verdict and …

Hedge funds unprepared for cyber attack

With details trickling in about how the sophisticated Stuxnet computer worm derailed years of work on Iran’s nuclear program, many seasoned observers are left to wonder …

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