FBI and Microsoft take down $500m-theft botnet Citadel

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The FBI and Microsoft have broken up a huge network of hijacked home computers responsible for stealing more than $500m (£323m) from bank accounts. The Citadel network had remotely installed a keylogging program on about five million machines to steal data. About 1,000 of the 1,400 or so networks that made up the Citadel botnet […]

Halting Cybercrime Requires Cutting Off Easy Money

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The crackdown on Liberty Reserve underscores the danger posed by anonymous money transfers using virtual or digital currencies — a facet of cybercrime increasingly under scrutiny by law enforcement The successful compromise of an employee’s or consumer’s computer is only the start of an online crime. Without the ability to move money from the victim’s […]

Airmen Must Understand Business of Cyber, General Says

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WASHINGTON, June 5, 2013 – As U.S. Cyber Command gains strength and steadily extends its range across the newest warfare domain, it has called on all the services over the next five years to contribute trained-up teams of cyber operators to ensure U.S. military freedom of action, defensively and offensively, in cyberspace. For the Air […]

Cyberspace looms as new international battlefield

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NATO experts have come up with a first-ever guide that seeks to adjust international law on the subject of cyberwars. Russia believes the very appearance of the document is potentially dangerous. The 300-page document recently published by the Cooperative Cyber Defense Center for Excellence (NATO CCD COE) has prompted a reaction from several Russian agencies, […]

Stratfor hacker faces jail after admitting cyber-attack

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A 28-year-old US man faces up to 10 years in prison after pleading guilty to carrying out a cyber-attack on global intelligence firm Stratfor. “Anarchist and hacker” Jeremy Hammond – who said he was part of activist group Anonymous – was charged with stealing information from Stratfor in 2011. The data included details of more […]

FDIC: 2011 FIS Breach Worse Than Reported

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A 2011 hacker break-in at banking industry behemoth Fidelity National Information Services (FIS) was far more extensive and serious than the company disclosed in public reports, banking regulators warned FIS customers last month. The disclosure highlights a shocking lack of basic security protections throughout one of the nation’s largest financial services providers. Jacksonville, Fla. based FIS […]