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Carefully crafted security attacks confirm the development of a malicious economy

F-Secure's Data Security Wrap-up for the first six months of 2007 looks at the top security threats witnessed by the anti-virus provider from January to June of this year. During this period, the F-Secure Lab saw a steady flow of reports on a vast variety of data security threats. The underlying trend to note was the spread of malicious activ...

Beware of slow and quick viruses

When the Internet had only barely begun, the only way of spreading viruses was via floppy disks. This is a very slow means of propagation, particularly in comparison to the speed at which viruses spread nowadays. To get an idea, the infamous ‘Friday 13’ virus (whose name originates from the day in which it deleted all .exe files on computers) took ...

Hackers steal $450,000 from Carson City

Hackers have broken into the Carson City general fund bank account in California and stolen $450,000. Investigators believe the hackers obtained the Carson City account log-in details after successfully uploading spyware to a city-owned computer. Apparently, the Treasurer was monitored by a keylogger, which allowed the hackers to steal the bank...

Microsoft IIS Web server are twice as likely to be hosting malware

According to Google, Web servers running Microsoft's IIS Web server software are twice as likely to be hosting malware as other site servers. High profile cases such as computer hardware giant ASUStek who recently had their web site compromised, created a situation where visitors the website may have been attacked simply by accessing the site ...

GE deploys Sophos Security and Control solutions

Sophos has announced that GE will begin deploying Sophos's Security & Control solutions in 2007. Under the terms of the agreement, Sophos may be deployed on up to 350,000 endpoints (laptops, desktops and servers) throughout the world and within every division of the company. Seeking to improve manageability and reduce costs which arise from ma...

Central database on email phishing scams operational in July 2007

The Anti-Phishing Group (APWG) has announced that a central database - The Incident Object Description Exchange Format (IODEF) - that allows organisations around the world to share information about new email phishing scams will be fully operational by July 2007. Mike Dodson, technical director at Mirapoint, made the following comments: "Ph...

Worm infiltrates business via USB removable memory sticks

As more and more businesses now have strong defences in place to protect against email-aware viruses and malware, hackers are increasingly looking for other less well defended routes, including USB keys, to infect innocent users. A new family of worms spreads by copying itself onto removable drives such as USB memory sticks, and then automatical...

One in ten sites searched by Google contain malicious code

Google researchers have discovered that hundreds of thousands of sites in its database launch so called drive-by downloads. Simply loading some web pages can launch malicious software, compromising security in a virtually undetectable manner. Google has said it will look to identify and flag web pages with embedded malware, but this will not pr...

Fraudsters migrate from eGold to WebMoney

The RSA Anti-Fraud Command Center (AFCC) indicates that since the beginning of 2006, phishing has remained the most wide-spread online fraud technique; however the AFCC has detected several cases of additional attacks such as Trojans. The RSA Security fraud experts predict that the usage of more sophisticated fraud techniques will rise as financia...

Swiss Telco Offers Managed DDoS protection to Enterprise Customers with Arbor Peakflow SP

Arbor Networks has announced that sunrise, Switzerland's largest independent telecommunications provider, has deployed the entire suite of Arbor Peakflow SP products for improved network security, traffic engineering and managed security services. Through its deployment of the Peakflow SP platform, sunrise becomes the first Switzerland-based te...

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