Hacker 'Cosmo the God' Sentenced and Banned from Internet for Six Years

A 15-year-old UG Nazi hacker going by the name of Cosmo or Cosmo the God was sentenced in juvenile court on Wednesday with terms for six years without any computers or Internet, until his 21st birthday. During these 6 years, he'll need approval from his parole officer to access the internet. Wire...

Bank Fraud Suspects Net $1M in Citibank Casino Scheme

Fourteen individuals were charged late last week after the Federal Bureau of Investigation, along with the Los Angeles Police Department and the Glendale, Calif. Police Department found they were behind a scheme that extracted more than $1 million from Citibank cash-advance kiosks in Southern...

Multiplatform Java Jacksbot Malware infecting Windows, Linux and Mac

Intego discovered a Multiplatform Java Malware called "Jacksbot" , which is infecting Windows, Linux and Mac systems. The Jacksbot is described as a 'backdoor Trojan Java "on infected computers and collects system information, make screenshots, delete files, steal passwords and perform click frau...

ZeroAccess Botnet Cashing in on Click Fraud and Bitcoin Mining

A mid-year switch in communication protocol and distribution strategy is behind a spike in activity from the ZeroAccess botnet, a prolific and malicious ad click fraud network. Researchers at Kindsight Security Lab reported today that ZeroAccess accounts for 29 percent of home network infections ...

Indian CERT issue warning about ongoing Skype Spam attack

Last month we reported a worm targeting Skype users with spam messages designed to infect machines with the Dorkbot ransomware has been discovered. This malware is spreading through a question/ phrase sent to the users by someone and the question is: "lol is this your new profile pic?" Same spam...

Trouble for Borderlands 2 Players

Some XBOX Live users have violated the online gaming platform’s code of conduct by using a malicious application that allowed them to permanently kill off the characters of other players in the popular ‘Borderlands 2’ video game. On a forum run by the game’s software developer Gearbox, a communit...

Operation High Roller Banked on Fast-Flux Botnet to Steal Millions

A fraud ring that attacked financial transfer systems in an attempt to get at wealthy high-end banking customers used a complicated web of malware and compromised servers in several countries to walk off with an estimated $78 million earlier this year. While the attacks targeted financial systems...

Judge Rules Against Consumers' Claims in PlayStation Hack Lawsuit

A Southern California judge has rejected several key claims in a class-action lawsuit filed in response to Sony’s handling last year of a data breach that left millions of users at risk. In a ruling released by Courthousenews.com, U.S. District Court Judge Anthony Battaglia ruled users did not ha...

Citadel Trojan Updates with Dynamic Config Mechanism that Streamlines Fraud Activity

The elusive authors of the Citadel Trojan have released a new version of their banking botnet malware and service. The latest version, the sixth since it debuted in January and dubbed Rain, includes a dynamic configuration mechanism that allows botmasters to inject malicious content to compromise...

New Tactics Helping Toll Fraud Malware on Android Avoid Detection

Malware intent on SMS fraud, also known as toll fraud, has been a constant on mobile platforms, Android in particular, for some time. And FakeInst is definitely king of the hill when it comes to this type of malware. Prevalent in Russia and the rest of Eastern Europe, the malware poses as popular...

New Strain of Man-in-the-Browser Malware Refines Data Sent to Attacker in Real Time

Hackers fond of man-in-the-browser MiTB attacks have brought efficiency to their work. New strains of MiTB malware have been discovered that are able to parse logs for the sensitive information hackers are targeting, rather than send massive unstructured logs back to the attacker’s command and...

Sprint Responds to Developer's Disclosure of Virgin Mobile Security Shortcoming

A Sprint spokeswoman today responded to a software developer’s claim that millions of Virgin Mobile users are vulnerable to attacks due to inadequate authentication mechanisms. In an email sent to Computerworld, Stephanie Vinge Walsh said Virgin Mobile, a subsidiary of Sprint, has multiple...

9 million PCs infected with ZeroAccess botnet

In recent months, we've seen the rootkit family Win32/Sirefef and Win64/Sirefef also known as ZeroAccess Botnet update its command and control protocol and grow to infect more computers while connecting to over one million computers globally. Before, disclosed that it creates its own hidden...

Romanian POS Hackers Plead Guilty, Net $10 M from Scam

Two Romanian men pled guilty this week to charges they hacked into the point of sale systems of more than 200 restaurants, compromising the payment cards of 146,000 customers and amassing more than $10 million over the last few years. Included in those 200 stores were more than 150 Subway sandwic...

How-To Video: Securing Facebook

Facebook’s active-user count is rapidly approaching one billion. The world’s largest social network, which has long been a popular target and platform for attackers, will only become a more relevant outlet for scams and other fraud as it continues to grow. While the target grows, so too does the...

New Iteration of TDSS/TDL-4 Botnet Uses Domain Fluxing to Avoid Detection

A new version of the TDSS/TDL-4 botnet is rapidly growing, primarily because it’s having great success using an evasion technique known as a domain generation algorithm DGA to avoid detection, researchers at Damballa Security revealed today. The algorithm helps the latest version of the botnet...

Flawed EMV Chip-and-PIN Protocol Paves Way To Fraudulent ATM and POS Transactions

A flaw in the EMV protocol which lays out the rules for chip-and-PIN card transactions at ATMs and point-of-sale terminals could enable persistent attackers to carry out bogus card transactions. Five Cambridge UK University researchers released a paper today with the gory details. Foremost among...

Report: Toll Fraud Emerges as Android's Number One Threat

Mobile malware continues to run rampant, thanks to a growing glut of toll fraud malware – apps that have been engineered to bill its victims through premium SMS services. The malware type eclipsed spyware this year as the largest application-based threat according to mobile security firm Lookout...

New Ransom malware infecting computers

The Metropolitan Police have issued an urgent warning about a new ransom malware that is in circulation. Ransomware also referred to in some cases as cryptoviruses, cryptotrojans or cryptoworms comprises a class of malware which restricts access to the computer system that it infects, and demands...

Philippine police arrest 357 foreigners for cyber fraud

Police on Thursday rounded up 357 foreigners accused of duping Taiwanese and Chinese citizens in an online scam in what an official described as the largest single-day operation against organized crime in the country. Director Samuel Pagdilao Jr., CIDG director, said CIDG and Paocc agents led by...