Serco: 'Sophisticated' Attack On U.S. Govt. Pension Plan Nets Info On 123k

Serco Inc., a well-known contractor working with the U.S. government, announced that it was the target of a sophisticated attack that exposed data on 123,000 civil employees of the Federal government and their families, including names, addresses and social security numbers taken from the company...

Call for Articles : THN Magazine June 2012, Malware Edition

Call for Articles : THN Magazine June 2012, Malware Edition The Hacker News is calling for our June Magazine on the issue related to MALWARE. We'd like to see an analysis of the history of these most worrying viruses and the contemporary usage in cyber espionage and cyber warfare. It would be...

Global Payments Hack Could Span to June 2011, Affect Over 1.5M Cards

The data breach that hit payment processor Global Payments earlier this year could have dated back to June 2011, launching speculation over whether more credit card numbers were stolen than initially reported. Several alerts issued by Visa and Mastercard, obtained by KrebsonSecurity.com, suggest...

Scam Video Game Startup Yanked From Kickstarter After Raising Thousands

A project soliciting funds for a new video game to compete with the likes of World of Warcraft and Skyrim has been pulled from the crowd funding website Kickstarter after it became clear that the proposal was a sham. Mythic: The Story of Gods and Men raised $4,739 from 83 backers before it was...

Malware Poses as US Department of Justice Violation Notice

Posing as the US Department of Justice DoJ, a new variant of the Citadel Malware called Reveton is responsible for a ransomware campaign that attempts to extort $100 from its victims. The infections are occurring after users are lured to a drive-by download site where a dropper installs the Citad...

Skimmers Hit Patrons of Wrigley Field, Chicago Restaurants

Six individuals were charged late last week with “skimming” more than $200,000 from victims who used their credit or debit cards at Wrigley Field and other Chicago restaurants. A press release from Illinois’ Attorney General Lisa Madigan on Friday alleged that Joseph Woods, 32, was the scheme’s...

36 Web domains seized tied to online financial fraud

Thirty-six websites used to sell stolen bank account details have been taken down following an investigation by the Serious Organised Crime Agency SOCA. The arrest of two men in the UK and another in Macedonia is the result of an international operation in which 36 web domains, used to trade...

Russian Mafia Organizes to Double Cybercrime Profits in 2011

The dollar-value of online criminal activity conducted by the Russian mafia and other criminal organizations doubled in 2011, according to a new report from the Russian security firm Group-IB. The global cyber crime market was worth $12.5 billion in 2011, the report claims. Russian-speaking...

Stealing Corporate Data Doesn't Violate Federal Computer Fraud Law

In a ruling that could be felt throughout the business world, the U.S. Court of Appeals for the Ninth Circuit in California ruled that a man did not violate the Computer Fraud and Abuse Act CFAA after pilfering contacts from the client database of his former employer to help jumpstart his competi...

FBI Investigating Election Tampering Following Arrest of CSUSM Student

The FBI is investigating whether federal law violations took place following allegations a candidate for student body president at California State University San Marcos stole some 700 student identities in an attempt to alter election results. Third-year business student Mark Weaver was arrested...

Errors, Outliers Obscure Cybercrime Losses

Estimates of the extent of cyber crime are hopelessly overblown, two computer security researchers argue in an editorial from Sunday’s New York Times. Arguing counter to the prevailing opinion that online crime is a modern day Yukon Gold Rush for entrepreneurial hackers, the two Microsoft...

British Paypal hacker jailed for stealing millions Identities

British Paypal hacker jailed for stealing millions Identities A UK cybercrook has been jailed for 26 months following his conviction for stealing millions of banking and PayPal identities. According to Report, Southwark Crown Court heard how Edward Pearson, 23, could have made about £834,000 if h...

eCommerce Fraud Detection Tool - An Anti-fraud solution by MasterCard

eCommerce Fraud Detection Tool - An Anti-fraud solution by MasterCard In the past, a lost wallet, stolen credit card, or misplaced ID were among the paramount culprits of identity theft.Today, one need not lose a thing to eventually lose it all. commerce merchants have a new tool at their disposa...

Money Mules, Not Customers, The Real Victims of Bank Fraud

Money mules – the accomplices who help move stolen funds – may be the real victims of online banking scams, not the bank customers who are the ostensible targets of fraudsters, according to new research from Microsoft. In a paper that turns conventional thinking about online banking crime on its...

Customer Credit Reports for Resale in Black market

Customer Credit Reports for Resale in Black market Internet security concerns grew the most, Approximately half of respondents said they were seriously concerned about viruses, spam, and the safety of online shopping. 70% of respondents said they were seriously concerned about identity theft, and...

A Russian Zeus attacker Sentenced from Million Dollar Fraud

A Russian Zeus attacker Sentenced from Million Dollar Fraud A Russian Hacker, who was part of an elaborate Cyber attack that used Zeus Banking Trojan in U.S. visas to move cash stolen from U.S. businesses out of the country was sentenced on March 23 to two years in U.S. federal prison. Nikokay...

Facebook Warns Users About Timeline Adware

Facebook issued a video warning to its hundreds of millions of users on Thursday about the dangers of adware programs that lure users with promises of special features. In a video message from the Facebook Security group, the company said that a growing number of companies are fooling Facebook...

Carberp Banking Trojan Scam - 8 Arrested in Russia

Carberp Banking Trojan Scam - 8 Arrested in Russia 8 Men suspected of being involved in the Carberp phishing scam have been arrested in Russia. The men were arrested after a joint investigation by the Russian Ministry of Internal Affairs MVD and Federal Security Service FSB. According to the MVD,...

Russian Agencies Take Down Carberp Gang

A collaborative effort between a Russian security company and two Russian federal agencies has yielded the arrest of eight men allegedly involved in the Carberp Trojan scam, it was announced today. Officials from Russia’s Ministry of Internal Affairs MVD and Federal Security Service FSB, along wi...

Data Breach at University of Tampa Posted Information of 30K Online

A breach at the University of Tampa may have exposed the sensitive information of thousands of students, faculty and staff members, including their names, identification numbers, social security numbers and birth dates, according to a press release posted to their the University’s Web site over t...