SecurityWeek

Last month, the FBI announced that violent crime rates had fallen dramatically in 2010 despite a tough economy. The Wall Street Journal explained this seemingly counterintuitive situation away with a list of factors. But none of those factors seem to have caused a drop in cyber-crime, as the Verizon Data Breach Investigations Report (DBIR) showed. All this poses a question – can we apply any of these factors to reduce the rate of cyber-crime?

Adrian Ghighina, 33, of Bucharest, Romania, was sentenced to 48 months in prison last week by U.S. District Judge Matthew F. Kennelly in Chicago after he pleaded guilty in February 2011 to one count each of wire fraud and conspiracy.

Domain name registrar and Web hosting provider GoDaddy, announced it has agreed to receive a strategic investment from private equity firms KKR, Silver Lake and Technology Crossover Ventures.The terms of the transaction were not disclosed, but the Wall Street Journal reported people familiar with the deal saying it could be worth approximately $2.25 billion. Its likely that founder Bob Parsons has cashed out a large chunk of his shares in the company, and kept a minority stake.

With all the daily reports on how companies are experiencing security breaches in their networks, it would appear hackers are taking over. Since January of this year, those in the security business believe that hacking big companies is now in the norm. NASDAQ, HP, Sony and governments agencies, as examples, are not weathering hacker intrusions any better.

Unlike my daughter’s second grade piano review, sincerity in the world of secure web application development means very little. Development of secure Web applications and the effort to maintain their security is hard work, requiring a holistic approach and a long-term perspective that web application is essential. Security is not achieved by simply demanding it of your staff; you need the correct staff to demand it of, continuous manual and automated vulnerability testing, and code reviews by security experts.

Cybercriminals Favoring Targeted Attacks over Mass SpamIn a continuing trend, new research released by Cisco today further confirms that cybercriminals have made a fundamental shift in strategy, abandoning traditional mass spam attacks in favor of personalized attacks with a greater financial impact on targeted organizations.

Lockheed Martin, the largest provider of IT services, systems integration, and training to the U.S.

CA Technologies announced it would acquire ITKO (Interactive TKO, Inc.), a provider of simulation solutions that help organizations optimize the development and testing of composite and cloud-based applications, for $330 million in cash.

On April 19, 2011, Sony experienced a nightmare of a security breach. What began with a few Sony PlayStation Network (PSN) servers unexpectedly rebooting themselves has resulted in a blemishing of the Sony brand and the loss of some major bucks.

Strategies and Best Practices for Deploying a Load Balancer for Email

Kaspersky Lab, in its most recent spam report for May 2011, revealed that across its user base, Russia has taken the number one position in terms of the quantity of malware detected in emails by antivirus software. According to Kaspersky’s data, Russia overtook the United States, where the quantity of malware infected emails received fell by 3.5 percent. The most widespread malware distributed via email was the Trojan-Spy program Trojan-Spy.HTML.Fraud.gen.

Symantec this week published "A Window Into Mobile Device Security: Examining the security approaches employed in Apple's iOS and Google's Android", an in-depth, technical evaluation of Apple's iOS and Google's Android mobile platforms, to help organizations understand the security risks of deploying these devices in the enterprise.

The folks over at Veracode have analyzed the recent PlayStation Network Breach and turned it into the infographic featured below. The infographic highlights events from the initial DDoS attacks and first major breach, through the many subsequent discoveries that resulted in a drop in Sony's stock price from $36.36 at the beginning of the year, down to $24.28 on June 20th.

According to new research from IDC, worldwide revenue for servers deployed to public clouds will reach $3.6 billion in 2015 while private cloud server revenue will balloon to $5.8 billion.

Playing in the Shadows: Remaining Stealthy in the Underground is Becoming Ever Simpler

Following a massive breach in late March that exposed the personal information of millions of users, Epsilon, the world's largest permission based email marketing services company, today shared information on security enhancements that the company has implemented in response to the high profile security breach.

AVG Enables Increased Secure Cloud Experience for Amazon EC2 Users

A former vice president in Citigroup, Inc.’s treasury finance department has been arrested on bank fraud charges arising from his embezzlement of more than $19 million.

VeriSign today announced that the Internet Corporation for Assigned Names and Numbers (ICANN) renewed the company's contract to serve as the authoritative registry operator for the .net registry for another six years.More than half of the world’s domains rely on Verisign’s infrastructure, and the company has held management of the .com/.net infrastructure for over 12 years. VeriSign also manages two of the world's 13 Internet root servers, a.root-servers.net and j.root-servers.net, considered national IT assets by the U.S. Federal government.

The Payment Card Industry (PCI) Council’s Virtualization Special Interest Group has released new guidance pertaining to virtual environments. Any organization that accepts and manages credit cardholder data within a virtual environment must understand this guidance and act accordingly. It will influence how auditors assess virtual environments and whether these environments comply with PCI requirements.