The FBI must work more closely with the major US intelligence agencies in order to combat threats in cyberspace, its director said on Thursday, likening the government response to that against terrorism. Read more
As UK police said they arrested the alleged second of four co-founders of the hacking supergroup Lulz Security, one of those still at large branched out into a legal form of protest, promoting a boycott of PayPal. 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
“No, Your Social Networking ‘Friend’ Isn’t Really in Trouble Overseas” — That’s the title of a press release put out yesterday by the Federal Bureau of Investigation.
The release was a warning to users of social networking sites, encouraging them to be sceptical of suspicious requests, even if they look like they are coming from friends. In a recent popular scam, fraudsters have been infiltrating accounts, announcing they are in trouble overseas, and asking their friends for money. Read more