DOJ, FBI Dismantle Global Scareware Ring

The Justice Department and the FBI, along with international law enforcement partners, have announced the indictment of two individuals from Latvia and the seizure of more than 40 computers, servers and bank accounts as part of Operation Trident Tribunal, a coordinated enforcement effort targeting global cyber crime.

The operation targeted international cyber crime rings that caused more than $74 million in total…

EADS to Launch Cyber Unit

EADS‘ defense and security division Cassidian is spinning off a separate business unit that will focus solely on cybersecurity, Aviation Week reports.

“This is where the money is flowing,” Cassidian CEO Stefan Zoller said during the pre-Paris Air Show EADS seminar June 18.

He told Aviation…

Obama Signs Orders Detailing Cyberwar Guidelines

President Barack Obama has signed executive orders that spell out to what extent military commanders worldwide can use cyber attacks and other web-based operations against adversaries, The Associated Press reports.

Signed more than a month ago, the orders outline some of the cyber capabilities — including planting a virus or launching…

ATS Corp Awarded $30 Million IDIQ from PBGC

IT solutions provider ATS Corporation (NYSE Amex: ATSC) has won an indefinite delivery, indefinite quantity contract with a $30 million ceiling over a multiple-year term from the Pension Benefit Guaranty Corporation.

The contract represents the continuation of the ATSC’s software development, maintenance and operational…

Credit Card Numbers Stolen from Ann Arbor Restaurant’s Computers

These cyber thieves did not make off with a pot of gold, but police in Ann Arbor, Mich., say hackers, possibly from Europe, broke into the computer system of an Irish restaurant and bar and stole credit card and debit card details to make purchases, the Detroit Free Press reports.

The breach was discovered after the credit and debit cards were fraudulently used in Texas between April…

Report: Cloud Security Still No. 1 Concern among Federal IT Leaders

Despite security being the primary concern among government IT decision-makers when it comes to cloud computing, many are still considering cloud applications for their agencies, according to new report.

Lockheed Martin (NYSE: LMT) and its Cyber Security Alliance partners today released a study in which two-thirds…

GAO: US Cyber Command Must Clarify Roles, Responsibility of Cyber Personnel

In a report issued Monday, the Government Accountability Office acknowledges that although the Defense Department and U.S. Cyber Command have made progress in identifying the roles and responsibilities of the organizations that support DoD cyberspace operations, additional detail and clarity is needed.

While the Cyber Command mostly meets joint guidance and maps out its organizational…

LulzSec Turns Attention to Brazilian Government Websites

The infamous hacker group Lulz Security has taken credit for yet another cyber attack. This time around, the Brazilian government came under attack in the ongoing onslaught of cyber attacks targeting companies and organizations around the world, according to Reuters.

The sites for Brazil’s federal government, presidency and tax collection agency were inaccessible for about two and a half hours overnight, but their operation has since been…

CSC’s ‘Interchange’ Cybersecurity Summit Brings Together Government, Industry Leaders

To address the ever-growing problems with cyber criminals pilfering intellectual property and intruding sensitive systems, CSC (NYSE: CSC) last week hosted a cybersecurity roundtable discussion during its annual “Interchange” event in Washington, D.C., bringing together a panel of leading international government and private-sector officials.

Hosted…

Oracle Acquires FatWire Software to Expand Technology Product Portfolio

Business software maker Oracle (NASDAQ: ORCL) has entered into an agreement to acquire web experience management solutions provider FatWire Software for an undisclosed sum.

Oracle said the move is expected to bolster its technology and applications product offerings for customers seeking to build a unified customer experience across channels. The deal will also…