SecurityWeek

WASHINGTON - US authorities seized the accounts of a Bitcoin digital currency exchange operator, claiming it was functioning as an "unlicensed money service business," court documents showed Friday.

RIYADH - Several government Internet sites have come under "coordinated and simultaneous" cyber attack, an information security spokesman in the oil-rich kingdom reported on Friday.

ROME - Italian police on Friday arrested four alleged hackers believed to belong to the activist group Anonymous for attacking websites, including those of the Vatican and the parliament in Rome. The four have been placed under house arrest and communications police carried out a dozen raids.

LONDON - The website of Britain's Financial Times appeared to have been hacked on Friday by the Syrian Electronic Army, a mysterious group seemingly aligned with the regime of President Bashar al-Assad.

Trust comes at a price. However, while IT security professionals understand this, they often treat trust as an afterthought. As a result, companies suffer the consequences in unexpected recovery costs and failed business relationships.

Researchers at ESET have discovered a targeted cyber espionage campaign in Pakistan, which is attempting to compromise sensitive information from various organizations. While limited, traces of the same attack have also been discovered in other parts of the globe.

Researchers at Zscaler have discovered a fake YouTube page that is hosting malicious Chrome extensions. Such pages, as seen in the past, prey on the uninformed users with poorly patched systems to spread malware.

LONDON - Four members of the LulzSec international hacking group were sentenced to prison terms in Britain on Thursday for masterminding cyber attacks on major global institutions, including Sony Pictures and the CIA.

Crime may not pay, but it definitely costs consumers money – particularly in the world of cybercrime.

Mac OS X Spyware Found On Users’ System Who Attended Oslo Freedom ForumResearchers found malware which acts as a backdoor for OS X on a computer belonging to an activist attending the Oslo Freedom Forum this week.

A new analysis by NSS Labs puts Microsoft Internet Explorer 10 ahead of the pack when it comes to browser protections against malware downloads.

While it’s Important to Continue to Bolster Defenses, we Need to Increase our Resiliency in the Face of Relentless Attacks.

Network security vendor Palo Alto Networks, today announced that its next generation firewalls have achieved Common Criteria certification at Evaluation Assurance Level 4+ (EAL4+), making Palo Alto Networks firewalls validated for deployment in critical infrastructures, ranging from national governments to enterprise and financial institution networks.

Fixmo, a provider of mobile security and risk management solutions, today launched Fixmo SharePlace, a data leakage prevention (DLP) solution designed to provide secure and compliant remote access to Microsoft SharePoint from iOS and Android devices.

Today’s businesses must be able to rapidly adapt to changing market conditions – to support a new venture, merger/acquisition, etc. As business needs change, so too must the underlying security policies.