SecurityWeek

According to recent survey findings coming from CyberSource, a Visa company, airlines lost an estimated $1.4 billion due to online payment fraud in 2010. But with so many security checks that come along with air travel, how is this possible? A typical fraud scenario in the airline industry plays out like this:

In February 2011, the clock finally ran out on IPv4, the trusty Internet Protocol that has been used to connect networked computers for the last 30 years. The Internet Assigned Numbers Authority (IANA), which manages the master pool of IP addresses, assigned its last five blocks of IPv4 space to the world's five Regional Internet Registries.

BeyondTrust today announced the acquisition of Lumigent Technologies, a Massachusetts-based provider of database security and activity monitoring solutions.As a result of the acquisition, BeyondTrust today announced PowerBroker Database, a solution that provides IT security departments with the ability to closely monitor database activity of privileged users, assess system configurations, and capture, alert, and report on changes to critical system configuration and business data.

Threats to our networks are faster, smarter, more prevalent, more targeted, and more elusive than ever before. At the same time, the number and types of operating systems, applications and services running on the network continue to grow. Gaining visibility into different user types – remote, mobile, third-parties, and by job function – and accommodating their unique requirements adds even greater complexity when it comes to protecting our IT infrastructure.

IT Security and data protection company Sophos today announced the availability of a number of new and enhanced mobile management and protection products for enterprises.

For nearly a year, 22 year-old Lucas Henderson of Texas has been creating and distributing fake coupons, resulting in hundreds of thousands of dollars lost by retailers and manufacturers. He surrendered in federal court last week.

A group of security and privacy researchers from the Institute of Media Informatics at Ulm University in Germany, is claiming to have discovered a serious security vulnerability in Google's ClientLogin protocol.In a recent analysis of the Android platform, the group discovered that when Android users are connected to an unencrypted open Wifi network, an attacker could both read transmitted synchronization data of Google Contacts, Calendar and Picasa Web Albums, and capture the authToken that’s user for authentication.

Autonomy Corporation, with dual headquarters in Cambridge, England and San Francisco, California, announced that it would acquire certain assets from Iron Mountain's digital division including archiving, eDiscovery, and online backup for $380 million in cash.The acquisition of assets will bring over six petabytes of data under management and more than 6,000 customers to Autonomy's customer base, bringing its private cloud data to over 25 petabytes and total customer base to over 25,000.

The Coreflood botnet seizure by the FBI has been well documented by the Justice Department in the April 12, 2011 Complaint.

Over the weekend Sony began a phased restoration by region of PlayStation Network and Qriocity Services, but the company’s work is not done just yet.Following cyber attack on its data center in San Diego, California, Sony shut down the PlayStation Network and Qriocity services on April 20, to conduct an investigation and make enhancements to its security. Since then, the company has been working with several outside security firms, and says it has implemented new and additional security measures that...

Private equity firm Updata Partners, this week announced that it would acquire the Internet Security Business Unit (the "ISBU") of CA Technologies.

Earlier this week, news broke that the source code for the Zeus Toolkit, arguably the most significant tool being used by cybercriminals this decade, was released to the public.

Rogue antivirus (AV) attacks are showing no signs of slowing anytime soon. According to recent statistics coming from GFI Software, April saw a continued increase in the volume of detected malware, with 73,000 new variants of threats being released daily — a 26 percent increase over the same period last year.

Why Are Organizations Not Taking Extra Measures to Protect all their Web Applications?

During my high school years, in a time of dial-up modems and Windows 98, I was a huge computer geek (shocking, isn’t it?). One day, I received an e-mail from a friend, which had a small executable as an attachment. The e-mail contained a personal note from the sender, so I did not suspect it to be malicious. When I opened the executable, a small game of whack-a-mole opened up, with Bill Gates face in the role of the mole.