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In an apparent act of cyber espionage, as the acts are being called by Shadowserver researchers Steven Adair and Ned Moran, persons unknown have staged a series of strategic web compromises in order to spread malware. The attackers hijacked several websites related to matters of government and foreign policy, and used them to deliver malicious payloads to visitors by leveraging unpatched software flaws.

A California woman was sentenced Monday to five years in federal prison for her role in an international phishing operation that tried to defraud banks of more than $1 million.Nichole Michelle Merzi, 26, of Oceanside, was sentenced following a six-week trial in 2011 that ended with her being convicted of bank and wire fraud conspiracy, aggravated identity theft, computer fraud conspiracy and money laundering conspiracy charges.

You decide to eat at a restaurant that not only gets good reviews, but is highly recommended by a few of your friends. The menu is extensive and you and your lovely spouse or date pick out an entree that you can almost smell just by reading the description. The server--or sommelier if the restaurant has one--recommends the perfect wine pairing, a South African Sauvignon Blanc that brings some minerality to the party, complementing the shrimp with a coconut lemon...

McAfee and parent company Intel have developed what they’re calling a “reference implementation” to provide situational awareness and multi-zone protection to segments of the nation’s critical infrastructure.

Researchers at Trusteer have discovered a variant of Zeus with a P2P component that is targeting high profile sites such as Facebook, Google, Hotmail, and Yahoo in order to compromise debit and credit card data.The attacks being carried out by the P2P version of Zeus use a basic form of social engineering. Depending on the service being targeted at the time, users are presented with offers for additional security measures and rebates.

Microsoft says their new research on cloud computing shows that security may not be the impediment many perceive it to be.In a survey of 94 small to midsized businesses (SMBs) in the U.S. using the cloud and 93 that do not, it was revealed that of those who do:- 35 percent believe their business was more secure- 38 percent said they spent less time managing security

Vaultive, a provider of cloud data encryption solutions, today launched Vaultive for Hosted Exchange, an enterprise-class cloud data encryption solution that encrypts data-at-rest and data-in-use within Hosted Microsoft Exchange environments, while letting enterprise IT retain control of the encryption keys.

A start-up in Russia, backed by Microsoft, says they have developed technology that can stop BitTorrent-based filesharing. The Pirate Pay came into existence due to the growth of copyright infringement in Russia, and the mounting international pressure to stop it.One of the first companies to back Pirate Pay was Microsoft, who granted them $100,000 in seed money. Microsoft was soon followed by Walt Disney Studios and Sony Pictures in Russia, who hired the firm to protect the film, Vysotsky. Thanks...

You've heard it a thousand times before: information is power. The more data you have, the more insight and knowledge you possess. But what happens when your data stores grow so large that securing and managing them effectively is no longer in the cards? What happens when every new security control that's put in place to protect data is just another administrative burden—increasing the security event data that must be monitored, logged, shared between security components, analyzed, and reported on.How...

Backdoor Found In ZTE Android SmartphoneZTE, a handset manufacturer in China, has shipped Android smartphones to the U.S. with a fully enabled backdoor. The news of the backdoor came by way of an anonymous post to Pastebin, but was later confirmed by other researchers.[Updated 05/17 to Add ZTE Working On Patch for Backdoor Vulnerability]

Why are people talking about the Cyber Intelligence Sharing and Protection Act (CISPA) as really protecting the United States from cyber threats? The bill claims its goal is to share intelligence on Internet traffic to help “ensure the protection of our national networks against cyber threats.”

Adobe’s Photoshop is a key application within the marketing, advertising, sales, publishing and graphic design markets. Businesses that rely on images to move product use Adobe’s costly flagship product. So when code execution vulnerabilities were discovered in Photoshop 12 (CS5) it’s easy to think that a patch would not only be released, but that it would be free. Those thoughts couldn’t be further from the truth.

Department of Defense Widens of Defense Industrial Base (DIB) Cybersecurity Information Sharing InitiativesThe U.S. Department of Defense, working alongside the U.S. Department of Homeland Security, announced on Friday that they would expand the availability of the cybersecurity information assurance program launched last year.

The Internet Crime Complaint Center (IC3) released its 2011 Internet Crime Report on Thursday, revealing some of the top scams and cybercrime trends for the year.All totaled, the IC3 said it received and processed 314,246 complaints in 2011, averaging out to 26,000 complaints per month. These numbers represent a 3.4 percent increase over the number of complaints received in 2010. The reported dollar loss was $485.3 million.

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