SecurityWeek

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.

Symantec (NASDAQ: SYMC) on Wednesday reported the results of its fourth quarter and the fiscal year 2011, ended April 1, 2011. The company reported GAAP revenue for the fiscal fourth quarter of $1.67 billion, up 9 percent year-over-year and up 8 percent after adjusting for currency.

Tripwire, Inc., a provider of IT Security and compliance solutions, today announced it has agreed to be acquired by private equity firm Thoma Bravo. The firms have entered into a definitive agreement in which Thoma Bravo would purchase Tripwire, Inc. for an undisclosed sum.

The Unisys Security Index (USI) provides insight into consumers’ general security concerns. One of the index measurements is online security, and although this survey is conducted world-wide, the latest U.K. and U.S. results presented a similar finding: roughly half of the respondents are “seriously concerned” about malware, shopping or banking online. Furthermore, the stats show a 35% increase compared to last year’s U.S. stats.

Enterprises Blind to up to 36% of Their Network Traffic, According to Recent Study

Juniper Networks released the results of a global mobile threat study this week, showing a significant rise in threats to mobile devices. The report highlighted a record number of mobile security threats, including a 400 percent increase in malware targeting the Android operating system, as well as highly targeted Wi-Fi attacks.