SecurityWeek

A popular open-source software for e-commerce is vulnerable to being cheated, computer security researchers at the University of California, Davis, have found. By exploiting vulnerabilities in the widely used osCommerce software, the researchers were able to purchase items from online stores for free or substantially less than their correct prices.

Lockheed Martin, the largest provider of IT services, systems integration, and training to the U.S. Government, announced on Thursday that it has opened a new Security Intelligence Center (SIC) in Australia.

Recent reports in the media are detailing how various government, media and technology companies in Japan and South Korea were victims of a new kind of cyberattack dubbed Icefog. The attacks originated in China and are the work of cybercriminals hired on a project basis, according to Kaspersky Lab.

SAN FRANCISCO - Prosecutors on Friday told a federal judge that the mastermind of the nefarious online bazaar Silk Road is too dangerous to be freed on bail.

Adobe Systems confirmed its network had been breached in an attack that compromised information belonging to 2.9 million of its customers.

WASHINGTON - Thirteen alleged members of the loosely organized hacker collective known as Anonymous were indicted Thursday in connection with a series of online attacks on US companies and trade groups.

KARACHI - Pakistan's southern Sindh province will block access to online communication networks including Skype and WhatsApp for three months in a bid to curb terrorism, officials said Thursday. "We regret the inconvenience to the users but we are compelled to ban those networks for three months" in the province, Sindh's Information Minister Sharjeel Memon told AFP.

In the business of domestic and military intelligence the sources and methods for how intelligence is derived are highly protected. This includes the technology and processes used as well as the relationships and intelligence assets leveraged. There is inherent trust between the consumer and authorized agencies and organizations gathering, synthesizing and distributing this intelligence.

One of Washington's Top Concerns is the Threat from Cyber-attacks, Which it Has Said Largely Emanate from ChinaTOKYO - Japanese and US foreign and defense ministers huddled Thursday to renew their security alliance as an emboldened Tokyo looks to push back against regional threats and the growing might of China.

McAfee, in an effort to help companies defend against advanced malware, announced a new appliance-based solution designed to help its customers respond to attacks faster and move from detection and analysis to protection and resolution.

WASHINGTON - A request by major technology firms to disclose more about US intelligence services' data requests would "cause serious harm to national security," the government said in a court filing Wednesday.

HAVANA - Colombia's leftist FARC guerrillas said Wednesday they have been victims of "cyber espionage," and suggested the US National Security Agency may be to blame. Recent revelations by former intelligence contractor Edward Snowden have exposed the NSA's far-reaching electronic surveillance of phone records and Internet traffic.

Trustwave has launched a new subscription-based, penetration testing service that lets businesses schedule, manage and adjust penetration tests through a cloud-based portal.

SAN FRANCISCO - There is a dark side to the Internet, and it can be used for evil as well as for good. A massive online bazaar hawking narcotics, weapons, forgeries, and other illicit items or services operated openly for years by relying on tools designed to safeguard privacy or foster a new world of Internet commerce.

WASHINGTON - The head of the National Security Agency said Wednesday the secretive intelligence service does not compile data on Americans' use of social networks, dismissing a media report as "wrong." General Keith Alexander told a Senate hearing that a New York Times article "jumped to the conclusion this was done on Americans, that's not true."

US Authorities Shut Down Silk Road Website, Arrest OwnerSAN FRANCISCO - US authorities said Wednesday they had arrested the owner of the Silk Road website, where illegal drugs were bought and sold using the virtual currency Bitcoin.

As the “Snowden leaks” continue in their revelations and unraveling of the twisted web of government surveillance, it is becoming clear that the foundation of trust in the Internet as a shared commons has been thoroughly undermined.

Visa on Wednesday said that it has made improvements to its payment processing system in order to better detect fraud. According to the company, enhancements its Visa Advanced Authorization (VAA) technology will enable financial institutions to more reliably know which transactions to decline in real time.

In kinetic warfare, tracing the path of an enemy missile is not difficult. In the domain of cyberspace however, attributing an attack to a particular source can be problematic.