Simmering Over a ‘Cyber Cold War’

New reports released this week on recent, high-profile data breaches make the compelling case that a simmering Cold War-style cyber arms race has emerged between the United States and China. A study issued Thursday by McAfee and the Center for Strategic and International Studies found that more than half of the 600 executives surveyed worldwide said … Читать далее

Dear Snowflake: Happy ‘Data Privacy Day’

Here in the States, today is “National Data Privacy Day.” Declared as such on this day a year ago by the U.S. Congress, this unofficial holiday is meant to remind teens and young adults about the importance of protecting their personal information online, particularly in the context of social networking. What’s that? You didn’t know … Читать далее

Texas Bank Sues Customer Hit by $800,000 Cyber Heist

A machine equipment company in Texas is tussling with its bank after organized crooks swiped more than $800,000 in a 48-hour cyber heist late last year. While many companies similarly victimized over the past year have sued their banks for having inadequate security protection, this case is unusual because the bank is preemptively suing the … Читать далее

The Rise of Point-and-Click Botnets

The graphic above is from a report out today by Team Cymru, a group that monitors studies online attacks and other badness in the underground economy. It suggests an increasing divergence in the way criminals are managing botnets, those large amalgamations of hacked PCs that are used for everything from snarfing up passwords to relaying … Читать далее

Adobe Ships Critical Shockwave Update

Last week, Adobe Systems Inc. shipped critical security updates for its PDF Reader software. Now comes an update that fixes at least two critical flaws in Adobe’s Shockwave Player, a commonly installed multimedia player. Not sure whether you even have Shockwave Player on your system? You’re not alone. Because of a long history of rebranding … Читать далее

Hackers May Have Unearthed Dirt on Stanford

In early 2008, while federal investigators were busy investigating disgraced financier Robert Allen Stanford for his part in an alleged $8 billion fraudulent investment scheme, Eastern European hackers were quietly hoovering up tens of thousands customer financial records from the Bank of Antigua, an institution formerly owned by the Stanford Group. According to a fraud … Читать далее

Cyber Crooks Cooked the Books at Fla. Library

Jan. 7, 2010 was a typical sunny Thursday morning at the Delray Beach Public Library in coastal Florida, aside from one, ominous dark cloud on the horizon: It was the first time in as long as anyone could remember that the books simply weren’t checking out. Sure, patrons were still able to borrow tomes in … Читать далее

Revisiting the Internet Explorer Security Bug

I had just finished opening an account at the local bank late last week when I happened to catch a glimpse of the bank manager’s computer screen: He had about 20 Web browser windows open, and it was hard to ignore the fact that he was using Internet Explorer 6 to surf the Web. For … Читать далее

The Democratization of Espionage

Ten to fifteen years ago, if you were going to be the target of state sponsored or corporate espionage, you yourself were going to be a government or a large corporation that had intellectual property or information that an adversary was going to have to invest a lot of time and effort to pry out … Читать далее

Microsoft Issues Emergency Fix for IE Flaw

Microsoft has issued an emergency security update to plug a critical hole in its Internet Explorer Web browser. The IE bug is the same flaw that is being blamed in part for fueling a spate of recent break-ins at Fortune 100 companies, including Google and Adobe. If you use Microsoft Windows, please take a moment … Читать далее