Ebay Employees Targeted by Spear-Phishing Attack

Romanian authorities have arrested a man suspected of stealing more than $3 million through a series of computer crimes that included phishing attacks targeting eBay employees, The Register reports.

Liviu Mihail Concioiu allegedly masterminded two phishing attacks targeting eBay employees. Although it is unknown how many eBay workers fell for the ploy, a computer-forensics expert said it appears the alleged spear phisher bagged credentials for …

Chinese Hackers Suspected of DDoS Attacks against Japan

In the wake of the Sept. 7 sea dispute involving a Chinese fishing boat that collided with two Japanese patrol vessels near a disputed island chain, Japan suspects Chinese hackers last week cyber attacked its defense ministry and national police agency websites.

The government is looking into the assaults after China’s largest known hacker group had warned it would target Japanese government websites until Saturday in protest over the maritime…

Harris Creates USB Drive for Federal Cybersecurity Missions

Harris Corporation has introduced a customizable USB thumb drive that quickly extracts targeted data from computers, making the device suitable for use by military, intelligence and law-enforcement cybersecurity missions.

The BlackJack device boots in less than three seconds, and automatically scans and copies data by prioritizing search criteria and securely partitions search results for analysis. Its LED indicators…

Man’s Vendetta, DDoS Attacks against ‘Perverted Justice’ Land Him a Guilty Verdict

A computer programmer was last week convicted of launching a virus that infected approximately 100,000 computers around the world and directed them to attack media …

SAIC Opens Cyber Center in Maryland

SAIC today announced the grand opening of its Cyber Innovation Center in  Columbia, Md., with a ceremony kicked off by Sen. Barbara Mikulski, Gov. Martin O’Malley and SAIC CEO Walt Havenstein and Senior Vice President Larry Cox.

“The new CIC at SAIC is a true…

Fast-Growing Businesses More Prone to Cyber Crime

Successful organizations experiencing very fast growth are more likely than average-growing businesses to be targeted by cyber criminals, according to a security expert.

The increased risks are often the consequence of security taking a back seat during times of rapid growth, as IT departments contend with managing system availability and…

McAfee CTO of the Americas: Today’s Cyber Threat Akin to ‘Cyber Cancer’

If past years’ cyber attacks could be compared to the common cold, today’s Internet-based assaults are akin to cyber cancer, said Dr. Eric Cole, McAfee’s CTO of the Americas, in a recent cybersecurity conference.

Cole, a member of President Barack Obama’s cybersecurity commission, delivered his keynote speech at the New York Institute…

Top 7 Most Common Online Scams of the Decade

With 2010 drawing to a close, PandaLabs has released a ranking of the decade’s most widespread scams on the Internet, including 419 scam, ploys involving beautiful foreign women, and money-mule schemes based on too-good-to-be-true job offers.

“As with all the classic scams that predate the Internet, many of the numerous users that fall for these tricks and…

Stuxnet Worm Suspected of Targeting ‘High-Value’ Infrastructure in Iran

One of the most sophisticated and complex pieces of malware ever detected was probably targeting “high-value” infrastructure in Iran, BBC News reports.

Some researchers claim the intricacy of Stuxnet indicates the malware could only have been created by a national government agency. Experts believe the malware to be the first of its kind to target critical infrastructure such as power stations, water plants and industrial units. Although…

Phishers Keep Up Their Antics on Social-Networking Sites, Online Classifieds, Gaming Industries

A report reveals phishing gangs continue increasing their efforts against brands in the social networking, online classifieds and online gaming industries.

Researchers of the APWG Phishing Activity Trends Report found that attacks on brands in the online retail, auction and financial…