Hackers have done it again. The latest victim is Bitcoinica, the bitcoin exchange company forced to suspend operations after hackers walked away with 18,547 bitcoins worth about US$90,000 from its online wallet last Friday. Bitcoin is digital currency that users can exchange directly through a peer-to-peer model network, without depending on a central payment service.

The stolen bitcoins belonged to the exchange, not users, but the hackers nevertheless raided the company’s ...

In a series of attack reminiscent of the classic old-school type of attacks, hackers compromised more than 100 websites, most notably of U.K. Amnesty International, the world famous human rights watchdog organization. The hacking of the website of the Israeli Institute for National Security Studies earlier also has many similarities.

In all the instances, the attackers targeted the home page of the website to inject malicious code copied from Metasploit, an ...

Cyber criminals have off late increased their attacks on industrial control systems, causing all round concern. This informative video blog explains the key vulnerabilities rife with such systems and discusses ways to protect such systems from zero day attacks.

A recent study by Context Information Security, information security consultants, exposed security vulnerability in many cloud networks that allow customers to access remanant data left behind by other customers. The data unearthed by Context data existed in the unallocated portions of the disk, and included some personally identifiable information such as parts of customer databases, password hashes and more.

The issue lay in the way the cloud service providers in question ...

RTF (Rich Text Format) is generally considered as a panacea against malicious code as it does not contain macros, and conversion to RTF automatically deletes any macros on which the malware thrives. However, with cyber criminals getting more and more intuitive by the day, the latest threat comes in the form of booby-trapped RTF documents. Such documents are now ranked as amongst the most common ways by which hackers infect ...

American water and energy utilities have off late come under massive attack from cyber criminals. While some attacks could be explained as general across-the-board increase in cyber attacks to gain sensitive business information, the specific and focused nature of attacks points a finger to subversion. Of the 17 recent incidents investigated by the ICS-CERT team that assists network and forensics analysis, 11 were sophisticated attacks orchestrated by professionals.

The modus operandi ...

Strategic alliances among companies, even when they remain direct competitors are commonplace, to offer common and non-differentiated services or comply with legal requirements. With the security landscape evolving and maturing, such alliances have started to come up in the network security industry as well. The US government has repeatedly stressed the need for greater information sharing among private networks and the government. Off late, many healthcare majors have joined hands ...

Hackers and cyber criminals now seem to be focusing their energies on smartphones rather than traditional desktop PCs.

The information security coordinator at the California State University, San Bernardino, for instance, estimates 50,000 separate network attacks on its servers every week, with a good majority of such attacks targeting the Google Android or Apple iPhone smartphone of the students or faculty rather than the official website. The range of attacks targeted ...

Well, crime pays, at least when it comes to cyber crimes.

The Flashback malware that recently infected more than 600,000 Macs may have gone off the radar, but it is still generating over $10,000 a day for its masters.

The malware, having wormed its way to the Mac PC through a now patched up Java vulnerability makes money through click fraud. Google normally displays ads alongside search results. Flaskback.K loads an ad-clicking ...

In this video blog, Fortinet’s Derek Manky reviews some of the key network security developments in the past few weeks. The blog touches on the emergence of the new Tigerbot Android Malware, the dangers of 2Pac Shakur-related Web links and new developments in Ransomware code. The speaker also elucidates on the basic precautions users may take to prevent themselves from becoming victims.