In light of the alarming security threats befalling business enterprises nowadays, many boards of directors in some high-profile companies are asking their executive teams about the possibility that they might be the next target. This was discussed in Deloitte’s “Risk Intelligent governance in the age of cyber threats: What you don’t know could hurt you,”, [...]
Security firm Trusteer has spotted a “concerning development” in some new Ice IX configurations that target online banking customers in the UK and US. Ice IX is a modified variant of the ZeuS financial malware platform that captures information on telephone accounts belonging to the victims, allowing attackers to divert calls from the bank intended [...]
The Federal Bureau of Investigation has warned that high detection accuracy of fraudulent transactions alone does not help in preventing cybercrime, following the discovery of Zeus variant, Gameover. According to security firm Trusteer, this attack can circumvent post transaction fraud prevention measures, citing the FBI’s findings saying that this campaign purports “to be legitimate e-mails [...]
The emerging alliance between car manufacturers and IT companies to turn cars into internet gateways poses a potential threat to the automotive industry, according to McAfee’s chief technology officer. “With Ericsson forecasting 50 billion IP-connected devices by 2020, up from 1 billion just a year ago, KPMG’s report into connected cars come as no surprise. [...]
Experts from security firm and Norton-dealer, Symantec, has found a new fraudulent application that hit the Android marketplace called Android.Steek, which capitalizes on popular game titles and purporting as these games. Symantec said the malicious applications are published under the name “Stevens Creek Software”, whose infection length has reached nearly 3,500,000 bytes. The security firm [...]
A team of hackers has been confirmed to be behind the malware programs that belong to the family of Stuxnet and Duqu Trojans, according to experts from Kaspersky Lab who assume that ” a single platform was used, which is flexibly adaptable to specific targets.” Kaspersky said this platform appeared to have been in existence [...]
Users who have recently received Wi-Fi routers as gifts last Christmas might want to think twice before enabling the encryption built in most commercial devices as security researchers discovered a barely noticeable vulnerability in such a practice. In a technology called the “Wi-Fi Protected Setup” (WPS) initially intended by the wireless industry to ease the [...]
Taking advantage of its pool of hundred thousand consumers, Adaptive Affinity Limited allegedly signed up individuals to its online subscription schemes that funneled almost £60 from consumers every month. The Office of Fair Trading (OFT) has taken action against the online subscription operator for signing up tens of thousands of UK consumers, without their consent, [...]
The Securities Investor Protection Corporation (SIPC) has urged consumers to avoid individuals claiming to represent SIPC when asking for personal information and payments in order to facilitate the return of funds lost in investment scams. The SIPC maintains a special reserve fund mandated by Congress to protect the customers of insolvent brokerage firms. The warning [...]
Internet giants like AOL, eBay, LinkedIn, Facebook, Google, Twitter, and Yahoo have jointly expressed their dismay at the Stop Online Piracy Act (SOPA) and Protect IP Act, which were introduced by lawmakers aimed at censoring Web site contents that infringe copyrights. In a joint letter addressed to the Congress on Wednesday, the giants argued that [...]
A bogus Web site purporting to belong to Bank of America has painted a bad image for the bank, highlighting the flaws associated with Google+. Bank of America is one of the financial institutions blamed by Occupy Wall Street protesters for their fate. According to Chester Wisniewski, a Senior Security Advisor at Sophos Canada, the [...]
The Federal Bureau of Investigation has arrested six Estonian nationals who were charged with running a sophisticated cyber ring that infected four million computers worldwide with a virus that enabled the cyber thieves to redirect Web browsers to their ads. According to Fed, the malware called DNS Changer has rendered users of infected machines blind [...]
Security firm ESET has spotted a new threat against the Apple Mac OS X platform, in addition to a similar threat that it previously revealed, though slight differences appear. The latest threat implements persistence on an infected system. It also has updated command and control information. On the other hand, the more recent threat enables [...]
Symantec has warned against encrypting the latest generation of MacBook Air Notebooks and Mac Mini Desktops after they were found to have a known issue with Symantec PGP Whole Disk Encryption. Symantec Engineering has isolated this issue down to specifically the latest version of Mac Book Air notebooks 4.2 with the Intel Core i5 and [...]
Apple has sold over four million iPhone 4S in just three days after its launch on October 14, with more than 25 million customers already using iOS 5, touted as the world’s most advanced mobile operating system, in the first five days of its release, and more than 20 million customers having signed up for [...]
Google is shutting down some of its products including Google Buzz, Code Search, Code Search API, and Jaiku, saying “changing the world takes focus on the future, and honesty about the past.” “We aspire to build great products that really change people’s lives, products they use two or three times a day,” said Bradley Horowitz, [...]
Verizon Wireless has introduced a breakthrough business tool that combines the processing power of Android smartphones and its wireless network with existing enterprise telephone systems to support employee mobility while maintaining corporate security and control. “As the workforce becomes increasingly mobile, enterprises are compelled to expend precious time, money and IT resources to manage employees’ [...]
In just one day, Apple’s iPhone 4S pre-orders have topped one million, surpassing the previous single day pre-order record of 600,000 held by iPhone 4. iPhone 4S has a 3.5-inch screen; an 8-megapixel, full 1080p high-definition resolution video recording; dual-core A5 chip processor that is seven times faster than the processor in the iPhone 4; [...]
Apple has launched iPhone 4S, packed with new features including Apple’s dual-core A5 chip for fast performance, a new camera with advanced optics, full 1080p HD resolution video recording, and Siri, an intelligent assistant that helps users get things done just by asking. With the launch of iPhone 4S also comes the launch of iOS [...]
Steve Jobs, the Apple Inc. co-founder who revolutionized digital technology and the way people communicate, has died at the age of 56. In an email sent to all Apple employees yesterday, Apple chief executive officer Tim Cook who replaced Jobs last August confirmed his death, saying “Apple has lost a visionary and creative genius, and [...]
