$3 Million Stolen from NY School

A school district in western New York state has become victim to cyber crime, with criminals stealing around $3 million via the Internet. The funds were stolen over a four day period and it is presently unclear to investigators precisely how the funds were accessed by the criminals.

The FBI and New York State Police are presently investigating the case. This is the latest in a string of online thefts…

Study Shows Emerging Markets Twice As Likely to Purchase Technology in 2010

In a recent study released by Accenture, research suggests that consumers in emerging markets are twice as likely to purchase and use consumer technology in the next year than those in developed markets. In addition to the emerging markets willingness to purchase more consumer products, they are also going to be more willing…

Cameroon Looks to Increase Cybersecurity

Cameroon, presently home of the most risky Internet websites according to McAfee, is looking to revamp its image.

The West African country is looking to improve Internet security for websites hosted in Cameroon. The domain names registered in Cameroon have a “.cm” on the end, which cyber criminals exploit in cybersquatting campaigns, appearing as legitimate web pages for unwary web…

Past Year Outstrips Previous Levels in New Malware

In the past year, 25 million new strains of malware have been developed according to a recent report by PandaLabs. This represents a significant increase in new strains of malware; prior to this year on 15 million strains had been developed in the past 20 years.

The largest increases in malware development was the development of Trojans and and false security software. According to the report, the past year also…

What’s In and Out in 2010

The past year has seen a variety of issues arise throughout the cyber security community. As we look into the New Year, here are our predictions surrounding what will be “in” and what will be “out” in 2010.

In

Social Networking on DoD Networks

In 2009, the DoD banned social networking technologies on its networks, for fear of security risks. The DoD…

Congress Delays Cyber Command Over Privacy Concerns

Congress has halted the implementation of the Pentagon’s new U.S. Cyber Command and would like to further investigate what role the Cyber Command will play at the Pentagon. The new command center will fall under the Pentagon’s Strategic Command and use National Security technology. In the past, questions have been raised regarding privacy violations with the use of NSA technology. Congress would also like to know how exactly the…

Navy CIO Discusses Protecting Personal Information

In a recent post on his blog, Navy CIO Robert Carey discussed his views on the protection of personally identifiable information. During his long service within the military, Carey has had his PII compromised 11 times (by both the Navy and Army). As such, he has a strong passion for the issue and some insights into what…