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Next to anonymity, automation is a cybercriminal’s best friend. Botnets—a network of compromised computers on the Internet under the command and control of a single computer—are a game-changer for e-fraudsters. Cybercriminals with a sufficiently large botnet have the potential computing power equivalent to a supercomputer at their disposal.

As the days lead up to the start of the 2010 World Cup, cybercriminals are busy drafting new scams and tactics to take advantage of the excitement surrounding the global event. The latest scam involves an email saying telling users that their email address has won an award of a large sum of money and a free ticket and hotel in South Africa. An example of the fraudulent email is below:

• Internet portal offers bots designed for various activities at prices ranging from $95 to $225; entire catalog of bots costs $4,500 • Creators claim that all bots are undetectable, as they randomly change users, agents and headers; also include automated CAPTCHA generators

Mountain View, CA based software solutions company, SpikeSource, this week announced the availability of spikeInsight, an on-demand tool designed to help build, fix, and maintain Windows and Linux applications.

IBM (NYSE:IBM) today announced the official opening of a new global security operations center in Bangalore, India.The new security center, staffed with managed security services professionals and members of the X-Force security research and development team, will help support IBM’s more than 4,000 managed security services clients worldwide.

An online survey of over 250 security professionals revealed that forty-seven percent of IT security professionals believe that security audit costs will increase in 2010.The survey, conducted by nCircle, a security and compliance solutions provider, covered a range of security topics including smartphones, healthcare, cloud computing and social media.Key findings from the survey include:• 45% of respondents anticipate no change in 2010 security audit costs

Security and data protection for mobile devices, smart devices and new DNS Service extends user protection to an ever growing list of connected devices

While companies increasingly rely on social media for business marketing, support, and collaboration, they often ignore the associated risks such as non-compliance, data loss and legal issues.

While companies increasingly rely on social media for business marketing, support and collaboration, they often ignore the associated risks such as non-compliance, data loss and legal issues. Autonomy Corporation, an enterprise software company with dual headquarters in Cambridge, United Kingdom and San Francisco, CA, hopes to help organizations manage these risks. Autonomy today announced the availability of “Autonomy Social Media Governance,” a solution designed to monitor, govern, and protect organizations with employees engaging on social media sites.

In an effort to extend its offerings in the mobile space, McAfee, Inc. (NYSE:MFE) today announced that it has entered into a definitive agreement to acquire Trust Digital, a privately held provider of enterprise mobility management and security software.

Passware, Inc., a provider of password recovery, decryption, and electronic evidence discovery software for corporations and law enforcement organizations, announced Passware Kit 10, the first commercially available software to accelerate distributed password recovery using both graphics processing units (GPUs) and Tableau TACC1441 hardware.

BIND, the Berkeley Internet Name Domain, is the market share leader for domain name system (DNS) server software, with something like 85 per cent of installations worldwide. That's getting into Windows' market-share territory, so it's hardly surprising that the software has received more than its fair share of security criticism over the years.

IT Security software provider, OpenTrust, today announced that its OpenTrust Mobile platform now enables Apple iPads with secure access to corporate networks.

Malvertising Attacks Put as Much as $600 Million in Digital Advertising Revenue at Risk in A Single Month; Anti-Malvertising Technology Helps Publishers Fight BackDigital advertising firm, the Rubicon Project, today announced it has acquired SiteScout, a provider of anti-malware security technology based in Seattle.

In a letter published in the Washington Post this morning, Facebook CEO Mark Zuckerberg responded to the feedback and criticism surrounding the company’s privacy policies and controls.