CyberThreats Daily: Attacks yield $1.3bn to cybercriminals while UK Police hit by Conficker worm

July 1, 2011

Targeted malicious attacks worth US$1.3bn to cyber criminals Cyber criminals are shifting their stratagem away from mass spam attacks to more targeted, malicious-style attacks, such as spearphishing. Cisco estimates the overall cost of targeted attacks to organisations worldwide is US$1.29bn annually. A new report by Cisco suggests cyber criminals have made a fundamental shift in … More CyberThreats Daily: Attacks yield $1.3bn to cybercriminals while UK Police hit by Conficker worm

Facebook Facial Recognition – A picture is worth a thousand words

June 30, 2011

Facebook recently launched a facial recognition feature that allows you and others to “tag” photos with your name. As has been the norm for Facebook, this “feature” is turned on by default and users must take their own initiative to limit, or turn it off. The implications are wide-ranging, so if you or anyone in … More Facebook Facial Recognition – A picture is worth a thousand words

CyberThreats Daily: LolzSec disband but the cyberfront is far from quiet

June 28, 2011

You can say what you want about cybersecurity, but you’ve got to admit it’s never boring. If it’s not viruses it’s spam, if it’s not spam it’s scams, if it’s not scams it’s hacks… Last LOL for LulzSec as hackers disband group LulzSec, also known as Lulz Security, the hacker group that has been making … More CyberThreats Daily: LolzSec disband but the cyberfront is far from quiet

CyberThreats Daily: FBI nabs international “scareware” ring

June 27, 2011

Long a puzzling challenge, the FBI seems to be making strides in tackling international coordinated scams, in this case, scareware. Scareware, the practice of providing fake infection notifications to users’ computers, and then offering to sell solutions to problems that don’t exist, has been quite a boon as of late for fraudsters. FBI claims the … More CyberThreats Daily: FBI nabs international “scareware” ring