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Researchers may have figured out a way to break out of a virtual machine and take over the underlying host.

The direct costs related to global consumer cybercrime has dropped to $110 billion, according to the latest cybercrime survey. The same report last year estimated direct costs of $114 billion.

A cyber-attack on Bitfloor, a Bitcoin exchange, yielded access to an unencrypted backup of wallet keys that were used to steal roughly $250,000, according to the company. According to Roman Shtylman, founder of Bitfloor, trading has been suspended in light of the breach. The attack occurred Monday night, and compromised servers belonging to the firm, Shtylman explained Tuesday in a post on a user forum. 

Part Two In A Series, Please See Part One - Big Data, Little Devices: Security Analytics Enable Health Care Transformation

The FBI has issued a flat-out denial on the claims made Tuesday by AntiSec,which said the law enforcement agency was hoarding personal information on some 12 million Apple customers. However, the statement leads to more questions than answers.

While the majority of corporate email moves through Exchange and GMail, there are plenty organizations that rely on Linux as their platform of choice. However, most Linux mail deployments rely on spotty AV protection and Spam filtering. To address that gap, Kaspersky has launched a service that works alongside all of the common Linux-based email packages.

Lately, there has been a lot of commotion around Java vulnerabilities. Late last month, security researchers discovered zero-day java vulnerabilities being actively exploited in the wild.

The main website of news network Al-Jazeera was hacked Tuesday afternoon by Syrian government loyalists in retaliation for the network's recent news coverage of the conflict in Syria.

Hours after Oracle patched vulnerabilities in Java with an emergency out-of-band update, researchers managed to uncover another security flaw that would give attackers complete control of victim computers.

Malware attacks are at an all-time high for the past four years as attackers adapt their attack methods to various platforms, McAfee Labs researchers said in a quarterly threats report.

A team of security experts have published a manual outlining how existing international laws can be applied to conflicts in cyber-space.

A hacker group has claimed to have obtained personal data from 12 million Apple iPhone and iPad users by breaching an FBI computer, raising concerns about government tracking. The group called AntiSec, linked to the hacking collective known as Anonymous, posted one million Apple user identifiers claimed to be part of a larger group of 12 million, purportedly obtained from an FBI laptop.

Shamoon is still busy infecting computers throughout the world, this time with an updated variant, according to new findings by Symantec. The new version of the malware – detected by the firm as W32.Disttrack – wipes files by overwriting them with 192KB blocks of randomly generated data as opposed to the previous version, which used a 192KB block filled with a partial image of a burning U.S. flag.

Congress is interested in speaking to China’s top telecommunications firms as part of an ongoing investigation in to their organizational structures, history, and potential ties to China’s PLA.

In Network Security We are Always in a Battle of Wits Against the Attackers...This week marks the official start of a new school year and all that comes with it. Personally, I was always in that strange group of kids that looked forward to the beginning of school.