Who is winning the war on cybercrime

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At first, Shawn Ballesty thought the delay in his rent payment arriving in the landlord’s account was normal. Then the landlord rang again: “Hey mate, your rent wasn’t paid,” Ballesty recalls his landlord saying, knowing he made the online transfer himself. “So I thought, I’ll send it again, just in case, then sort it out […]

Jailed Journalist Barrett Brown Faces 105 Years For Reporting on Hacked Private Intelligence Firms

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Journalist Barrett Brown spent his 300th day behind bars this week on a range of charges filed after he used information obtained by the hacker group Anonymous to report on the operations of private intelligence firms. Brown faces 17 charges ranging from threatening an FBI agent to credit card fraud for posting a link online […]

Nations Buying as Hackers Sell Flaws in Computer Code

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On the tiny Mediterranean island of Malta, two Italian hackers have been searching for bugs — not the island’s many beetle varieties, but secret flaws in computer code that governments pay hundreds of thousands of dollars to learn about and exploit. The hackers, Luigi Auriemma, 32, and Donato Ferrante, 28, sell technical details of such […]

South Korean Bank Hackers Target U.S. Military Secrets

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The wiper malware attack against South Korean banks and broadcasters in March 2013 has been traced to an advanced persistent threat (APT) gang that’s been targeting South Korean and U.S. military secrets for at least four years. The March attacks, which culminated in the master boot record of thousands of South Korean PCs being deleted […]

Pirate Bay co-founder faces major new hacking charges in Denmark

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Danish IT expert calls it “largest hacking case ever seen in Scandinavia.” After several weeks in court, the criminal trial of Pirate Bay co-founder Gottfrid “anakata” Svartholm Warg concluded earlier this week in Stockholm. But on Thursday, as he awaits a decision and sentencing, Svartholm Warg landed in more hot water with new charges coming from […]

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 […]