“A new extortion technique is being deployed by cyber-criminals using the Citadel malware platform to deliver Reveton ransomware. The latest version of the ransomware uses the name of the Internet Crime Complaint Center to frighten victims into sending money to the perpetrators. In addition to...

“In a case watched closely by banks and their commercial customers, a financial institution in Maine has agreed to reimburse a construction company $345,000 that was lost to hackers after a court ruled that the bank’s security practices were ‘commercially unreasonable.’ People’s United...

“As custom government malware becomes an increasingly common international weapon with real-world effects—breaking a centrifuge, shutting down a power grid, scrambling control systems—do we need legal limits on the automated decision-making of worms and rootkits? Do we, that is, need to ke...

“A FOREX trading website has been contaminated with a malicious Java applet that is designed to install malware on the systems of visiting surfers. The targeted website is a popular FOREX (foreign exchange market) website called ‘Trading Forex’ (tradingforex.com). The website remai...

“Microsoft Security Essentials, Redmond’s free antivirus tool for home users and business with up to ten PCs, can detect just 64 per cent of zero-day threats when running under Windows 7. That low detection rate has cost it the AV-TEST Institute’s seal of approval, a certification it hands...

“Some 91% of cyberattacks begin with a ‘spear phishing’ email, according to research from security software firm Trend Micro. Spear phishing is an increasingly common form of phishing that makes use of information about a target to make attacks more specific and ‘personalR...

“Butterfield Bank has been targeted in another online e-mail scam, this one using the real name and contact details of an actual bank employee. This fraudulent e-mail correspondence asks customers to update their security questions on their online account. There is an embedded link encouraging...