The two-day London Cyber Conference wrapped up Thursday with a remarkable lack of unity for such a carefully staged, invite-only event for world political and technology leaders. Read more
Both the hacking supergroup calling itself Lulz Security and researchers fighting against it have borrowed tactics from WikiLeaks in recent days, dumping sensitive information onto the internet for others to comb through. Read more
A phishing attack aimed at small businesses accounted for as much as a third of all global junk email–or more than a quarter of all e-mail–for a 15-minute period Friday, showing that the Zeus family of keystroke-logging software remains a force to be reckoned with despite a recent spate of arrests.
The attack took the form of e-mails that had subject headings beginning “Your Federal Tax Payment” and said an electronic transfer had been rejected because of an invalid corporate identification number. Following a recent trend in such scams, the e-mails contain links to a genuine web page, in this case a US site that collects tax payment information including bank account numbers. Read more
Ukraine authorities said on Tuesday that the 20 suspects, including 5 key targets they detained as part of a global crackdown on crime rings using the Zeus malware to steal from online bank accounts, brought a total of $40m into the country.
At a press conference covered by the FT’s Mark Rachkevych, officials from the Ukraine’s SBU confirmed that the alleged kingpins had been released, but said the five could expect to be charged this week.
Potentially among them are money laundering, interfering with computer transmissions, and distributing malicious programs. Prison terms for conviction on the second or third of those start at two years, while money laundering can fetch as many as 15. Read more
In what may be the first of many such formal disclosures, Intel included an unusual admission in its annual 10k filing to the SEC on Tuesday: It had been subjected to a “sophisticated incident” of computer hacking that might have been an act of “industrial or other espionage”.
The top semiconductor manufacturer said that the incident in question occurred last month, around the same time Google made a startling and more detailed announcement along similar lines. Intel spokesman Chuck Mulloy said there was no definitive link between the attempt to break into Intel and the spying campaign that targeted Google and as many as 30 other technology companies, including Adobe and Symantec. Read more