Infosecurity News

IT security budgets are expected to increase this year
More than half of organizations expect to increase their information security spending in 2012, some by 8% of more, according to a survey by the Enterprise Strategy Group (ESG).
Viruses and worms are evolving into Frankenmalware
Viruses infect executables. Worms are executables. So viruses can, and are, infecting worms. The result, claims anti-virus company BitDefender, is a new category of threat: Frankenmalware.
Use of Google Docs is illegal in Norway
The Open Digital Policy Organization reports that the Norwegian Data Inspectorate has effectively declared use of Google Apps in Norway to be illegal.

New York utilities disclose third-party unauthorized access to customer data
Two New York power companies, which have 1.8 million customers, have disclosed that customers' personal information, including social security numbers, dates of birth, and financial account data, may have been compromised by third-party unauthorized access.
MegaUpload typosquatting exposed
The MegaUpload take-down is one of the hottest stories on the net, involving the FBI, illegal file-sharing, hackers’ revenge, the specter of SOPA and more. But don’t be too curious...
CyberSource releases its 8th annual UK fraud report
CyberSource, a payment management company working in e-commerce and providing a fraud management system to e-commerce merchants, has published its latest report: UK Online Fraud Report 2012.
Scammers offer "free" $500 Amazon gift card on Facebook
Facebook scammers are offering a “free” $500 Amazon.com gift card as part of a premium rate mobile phone service and affiliate marketing site scheme.
Microsoft names the man behind the Kelihos botnet
Last September, Microsoft and Kaspersky Labs took down the Kelihos botnet. While Kaspersky now has control of the botnet, in a court filing in Virginia, Microsoft yesterday named Andrey Sabelnikov as the owner and operator of Kelihos.
Spy-approved secure version of Android released
The US National Security Agency (NSA) has released a secure version of Google’s Android platform, dubbed secure enhanced (SE) Android, which is based on an application-level permissions model.
Law Society tougher than the ICO on Andrew Crossley
Andrew Crossley was the solicitor behind the ACS:Law scandal. His firm sent out some 20,000 speculative letters to ‘illegal file sharers’ demanding payment of £500 in reparation to his rightsholder clients (in this case MediaCAT, which represented the individual copyright owners).
Ransomware pretending to be law enforcement
Recent months have seen the arrival of a new type of ransomware based on a legal threat from supposed law enforcement agencies.
Olympic security dossier left on London train
A secret file said to contain security plans for the London Olympics was apparently left on a London train by a policeman.
Voice biometrics will be the authentication of choice, says Opus Research
This is the conclusion of a joint study by Opus and ValidSoft, a company that specializes in telecommunications-based authentication and transaction verification for financial services and government organizations.

Zappos cyber attack raises fears over e-commerce
The breach of the database containing details of 24 million customers of Amazon-owned online shoe retailer Zappos has once again raised fears over the security of e-commerce.
Ten years of Microsoft’s Trustworthy Computing initiative: Has it delivered?
It is ten years since Bill Gates distributed his internal ‘Trustworthy computing’ memo to Microsoft staff: “We must lead the industry to a whole new level of Trustworthiness in computing.” Has Microsoft delivered?
European test center takes network security for a 4G ride
The move to high-speed 4G mobile networks poses challenges for carriers and vendors to deploy security products that can handle those high speeds and data volumes, a challenge that the European Advanced Networking Test Center (EANTC) recently put to the test.

Breach at Zappos exposes data on 24 million customers
Zappos, an online shoe and clothing retailer, is warning 24 million customers that a security breach has exposed their personal information, including partial credit card data.
Research by Sophos reveals the gang behind Koobface
Key to a compelling and instructive detective story is the sort of security failing usually exploited by the cybercriminals, but in this instance harnessed by Sophos.
AXA global insurance company adopts data analytics to reduce fraud
Insurance fraud is growing. It costs the insurance company and increases insurance premiums. AXA believes that data analytics may provide the solution.
Scammers use Google Docs survey form to dupe ANZ Bank customers
SophosLabs has recently discovered a phishing scam targeting ANZ Bank customers using a Google Docs survey form.



