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Yahoo Breach Highlights Password Reuse Threat

By: Robert Lemos The leak of nearly half a million passwords from Yahoo Voices underscores that many online providers have a ways to go before they can properly secure their users. The breach also highlighted the fact that many people continue to put their information in danger by using the same password on multiple accounts, […]

Symantec: Large Firms Need to Worry Most About Targeted Attacks

By: Robert Lemos Targeted attacks are on the rise, and while small businesses are increasingly victims, it is the largest companies that continue to be in the cross hairs of online criminals and cyber-spies, according to security firm Symantec. In its intelligence report covering the month of June and released July 10, the company found […]

New Android Malware Better at Targeting Bank Transactions

By: Robert Lemos Online criminals continue to improve their tactics for stealing money from banks and their customers. The evolving attacks now include more sophisticated Android malware that aims to capture the secret codes sent by banks to their customers to validate money transfers, according to a July 10 blog post by secure Web provider […]

DNSChanger Shutdown, Despite Laggards, Is a Good Thing

By: Robert Lemos On July 9, nearly 300,000 PCs will find themselves dazed and confused when the DNSChanger botnet is shut down for good. These systems will no longer be able to look up common Web destinations, such as Facebook and Google. Compromised by the DNSChanger bot software, the infected computers reroute all their domain-name […]

With DNSChanger Shutdown on July 9, Concerns Remain

By: Robert Lemos In March, a judge agreed to extend the U.S. Department of Justice’s control over the domain-name infrastructure that allowed a widespread piece of malware, DNSChanger, to serve up ads that profited the criminal group behind the program. On July 9, the company that runs the DNS service on behalf of the U.S. […]

Microsoft Lawsuit Names Two Responsible for Zeus Botnet Attacks

By: Robert Lemos Microsoft counted two minor successes in its war on botnets on July 2, putting names to two of the defendants in its lawsuit against a Zeus crime ring and noting that Zeus infections had dropped by almost half in the last three months. As part of the Microsoft Active Response for Security […]

McAfee, Guardian Uncover Crime Ring Bilking European Banks

By: Robert Lemos A group of sophisticated online thieves have modified two popular attack toolkits to help them succeed in a global crime spree, stealing at least 60 million Euros-about $74 million U.S. dollars-from European and South American banks, security firms McAfee and Guardian Analytics stated in a June 26 report. The widespread crime network […]

FBI Charges 24 Suspects in Credit Card, Cyber-Fraud Case

By: Robert Lemos Two-dozen people were arrested in 13 countries on June 26, following a two-year undercover FBI investigation into an international credit card fraud ring affecting hundreds of thousands of victims, according to the U.S. Department of Justice. Dubbed “Operation Card Shop,” the undercover operation targeted all aspects of the credit card fraud, or […]

Stuxnet Includes Expiration Date to Halt Spread of Malware

By: Robert Lemos Stuxnet is many things: A cyber-weapon, a nation-state attack on Iran’s nuclear processing capability, and a computer virus. On Sunday, however, the program ceased its run as a slowly spreading virus. On Monday, researchers at Kaspersky Labs identified an expiration date-June 24, 2012-within the Stuxnet’s code that halted the program from propagating […]

DARPA Wants to Lock Down Android Smartphones for Military Use

By: Robert Lemos Worried about the loss and theft of classified information on mobile devices, the Defense Advanced Research Projects Agency (DARPA) has awarded a $21.4 million contract to create a locked-down version of the Android operating system for use in the field, says security firm Invincea, which won the contract. Under the project, dubbed […]