Report Contends 'Project Blitzkrieg' Threat Credible

Earlier reports of a planned, sophisticated attack on 30 U.S. banks to siphon millions from fake wire transfers have been vetted by McAfee Labs in a just-released report. Speculation about the authenticity of the planned attack, dubbed Project Blitzkrieg, on large U.S. financial institutions...

SMS Extortion Trojan Targeting Apple Machines

In yet another blow to the tenuous false sense of security among Apple users, the Russian antivirus firm Dr. Web has uncovered what it claims is a first-of-its-kind fake installer Trojan targeting Mac machines and extorting their users with SMS fraud. Trojan.SMSSend.3666 is the Mac variant within...

New Accounting System Hack Could Cause 'Mayhem'

Attacks against massive and proprietary enterprise accounting systems, in particular financial software such as SAP and Oracle, have been few and far between. That changed at this week’s Black Hat Abu Dhabi conference where a pair of researchers presented proof-of-concept code that could change t...

FBI Warns of New Twist to Reveton, Citadel Malware Scams

The cybercrime group behind the Citadel malware and Reveton ransomware has upped the stakes with a new extortion technique, the FBI’s Internet Crime Complaint Center said today. Reveton scams have now co-opted the Internet Crime Complaint Center with a new fake warning to users whose computers ha...

Fake Windows 8 Key Generators Found Tricking Users

Attackers continue to exploit the buzz behind the launch of Windows 8, Microsoft’s latest operating system. The latest attack attempts to trick users into using fake key generators that claim they’ll install the software to computers free of charge. Key generators, or keygens, are programs that...

UAMS Alerts Patients to Data Breach Linked to Fired Resident

The University of Arkansas for Medical Sciences is letting some 1,500 patients know their information was kept without permission by a resident physician after she was terminated. The health care facility plans to mail impacted patients who had surgery or were seen by a neurosurgeon from January ...

Man Convicted of Illegally Accessing AT&T Servers by 'Impersonating' an iPad

A 27-year-old New York man known online as “Weev” was convicted Tuesday of “impersonating” an iPad in order to gain access to AT&T’s servers and swiping 114,000 email addresses, including some belonging to celebrities. Andrew Auernheimer faces up to 10 years in prison after being found guilty of...

Operation High Roller Now Targets Europe's SEPA Network and Large US Bank

The criminals behind Operation High Roller, a complex wire-fraud scheme that has scammed high-end banking customers out of millions, have added a new dimension of automation to their attacks and expanded their efforts beyond Europe and have targeted a major U.S. bank. Researchers at McAfee provid...

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...