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California company sues bank over cybercrime, wins $350,000 settlement

A California oil company that lost thousands after being attacked by hackers has won $350,000 in a legal settlement after suing its bank.

World Cup Phishing Scam hits FIFA 14 players through Instagram, Twitter

As the World Cup heads into its third week, there’s a new phishing scam to be aware of. EA Games’ FIFA 14 Ultimate Team has been targeted – not for the first time – by scammers offering new downloadable players.

Ancestry.com brought down by DDOS attack, but says user data is safe

Ancestry.com has become the latest site to be taken down by a distributed denial-of-service (DDOS) attack. The genealogy website was shut down from Monday-Tuesday this week, along with its sister site, Findagrave.com.

Nokia paid millions to blackmailing hackers

Nokia paid several million euros to criminals who threatened to reveal the source code for part of its smartphone operating system seven years ago, a Finnish TV station has revealed.

Hacker amasses $620,000 in cryptocurrency using infected computers

A hacker has reportedly harvested over $600,000 in digital currency, using a network of hijacked machines, in what is believed to be the largest fraud of its kind.

New banking malware ‘Dyre’ targets Bank of America, CitiGroup accounts

A dangerous new strain of malware has been discovered, able to steal banking credentials without alerting users to the interception.

Evernote forum hacked, revealing users’ passwords and email addresses

Note-taking and archiving app Evernote has announced that its discussion forum has been hacked, compromising some users’ passwords, dates of birth and email addresses.

AT&T reveals social security data leak, offers free credit monitoring

AT&T has revealed that customers’ personal information might have been leaked, exposing social security numbers and dates of birth.

Would you allow cybercriminals onto your computer for money?

Cybercriminals could buy their way into your computer for less than a dollar, a new study has found. The study, led by Nicolas Christin at Carnegie Mellon University, examined how much money they would have to offer home users to install software onto their computers or other devices.

Pinterest hit by weight loss spam

Picture-sharing social media site Pinterest appears to have been hacked, as multiple users reported weight-loss spam messages both on Pinterest itself and on Twitter.

Government committee to set facial recognition guidelines

A Department of Commerce committee will meet for the first time this Thursday to begin discussions on a standard of guidelines for facial recognition software.

Browser security gets a boost with updates to Chrome and Firefox for Android

It is now possible to enable HTTPS secure browsing on every website using Firefox for Android, the Electronic Frontier Foundation has announced.

California students expelled for using a keylogger to hack teachers’ computers

Eleven high school students have been expelled after being caught bugging their teachers’ computers with a key logger device to change their grades.

Hotel franchise hit by credit card hack

White Lodging, a hotel management firm that works under brands including Hilton and Marriott, has suffered a credit card hack revealing customers’ details.

Yahoo Mail falls victim to password hack

Yahoo has announced that its email system has recently been subject to a “coordinated effort to gain unauthorized access”.

‘Honey Encryption’ foils hackers with false positive data

The key to beating hackers might not just lie in stronger security measures and ‘unbreakable’ passwords. Now, it seems like an element of trickery is required – almost beating hackers at their own game. Two independent security researchers have developed a system which they call ‘Honey Encryption’, which promises to make it harder for hackers

3G and 4G USB modems give hackers access for phishing scams

Independent security research has revealed that several 3G and 4G USB modems have security flaws which allow hackers access for phishing scams.

Android 4.4 revealed to have VPN security flaw

Researchers as Ben Gurion university in Israel have discovered a vulnerability in Android 4.4 KitKat that allows an attacker to intercept and divert secure virtual private network (VPN) traffic.

Russian creator of ‘SpyEye’ malware pleads guilty to bank fraud

The FBI has announced the arrest and charge of Alexsandr Panin, 24, a Russian hacker who developed the SpyEye trojan and used it to steal financial information and money from around the world.

Blackberry rolls out picture passwords for handsets and bolsters Enterprise security system

The Blackberry 10 operating system has been updated to include a ‘photo password’ mechanism, as well as stronger message filtering capabilities.

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