Infosecurity News
IBM gives away malware infected USB drives
In what can best be described as an embarrassing situation, IBM apparently distributed USB sticks infected with malware at last week’s Australian Computer Emergency Response Team (AusCERT) conference.
$8.94 an hour will rent you your very own botnet
The price of online cybercrime has reduced so that criminals can rent bots by the hour. VeriSign's iDefense research operation says the cost is just $8.94 an hour.
ESET acquires fellow Slovakian anti-spam manufacturer
Eset has announced the acquisition of Comdom Software, a fellow Slovakian software company noted for its anti-spam technology - financial details of the transaction have not been revealed.
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GSMA announces messaging anti-abuse group meeting plans
The GSM Association's security group (GSMA-SG) has announced it is working with the Messaging Anti-Abuse Working Group (MAAWG) to host a three-day event in Barcelona in the second week of June. The three-day event seeks to allow members to discuss and share information on internet bots, spam and malware.
Gridsure signs key French bank deal
Gridsure, a UK-based firm that has developed a pictorial alternative to PIN and passphrase authentication systems, has signed a key banking deal in France.
PlainsCapital settles with former customer in cyber theft incident
Texas-based PlainsCapital Bank has reached a settlement agreement with one of its former customers, Hillary Machinery, which had more than $800 000 stolen from its corporate account by cyber criminals.

Oracle acquires database security firm Secerno
Oracle has announced it has reached an agreement to acquire database security firm Secerno.
Microsoft to share pre-patch info with governments
Two pilot programs from Microsoft have been established in an effort to share pre-update information and aid in protecting critical infrastructure.

Symantec to pay $1.28bn for VeriSign’s security business
Security software group Symantec is to acquire VeriSign's identity and authentication business in a $1.28bn (£89.1m) cash deal.
Fake anti-virus apps generate $180 million a year for one crimeware gang
Fake anti-virus applications have been around for a few years now, but there are signs that hackers are deploying the scareware apps more and more and, according to Rik Ferguson, Trend Micro's solutions architect, the economics of fear are what drives this type of malware
Security hole found in Windows 7 display driver
Microsoft has issued a security advisory for a canonical display driver (cdd.dll) vulnerability affecting Windows 7 and Windows Server 2008 R2.
Texas man pleads guilty to hacking medical center computers
A former night-shift security guard pleaded guilty to two counts of transmitting malicious code for his role in hacking into computers at a Dallas area medical facility.
Microsoft pays $200m to VirnetX in patent lawsuit
Microsoft is to pay $200m in settlement of a patent infringement case brought by VirnetX.
PandaLabs reports Navy Federal name used for phishing launches
PandaLabs has warned internet users to be aware of a new type of phishing attack, following its investigation of a clone of the Navy Federal company's website, which is being used by criminals to harvest user credentials.
Millions of internet users unaware of dangers, says Kaspersky
Around 30 000 new malicious and potentially undesirable programmes appear every day, according to security researchers at Kaspersky Lab.
Microsoft pays $200m to VirnetX in patent lawsuit
Microsoft is to pay $200m in settlement of a patent infringement case brought by VirnetX.
Google says Street View cars collected WiFi data by mistake
Google has admitted that it mistakenly collected data sent over WiFi networks using its Street View cars gathering images for Google's controversial Street View service.
Facebook identifies hacker selling 1.5 million accounts
Reports are coming in that Facebook has identified the self-proclaimed hacker who was offering to sell batches of 1000 Facebook accounts – up to 1.5 million in total – and it appears that the Russian hacker was wildly overstating the account numbers.
Facebook identifies hacker selling 1.5 million accounts
Reports are coming in that Facebook has identified the self-proclaimed hacker who was offering to sell batches of 1000 Facebook accounts - up to 1.5 million in total - and it appears that the Russian hacker was wildly overstating the account numbers.



