Cybercrime

The rent-a-DDoS service that knocked out Xbox Live and Playstation Network is powered by thousands of hacked residential internet routers.

Twitter and YouTube accounts run by the US military's Central Command are hijacked by hackers claiming to back Islamic State.

President Barack Obama is today to propose legislation that would ensure companies inform customers of any leaks within 30 days of a data breach, reports Physorg.

Thieves have managed to extract money from an ATM with just a Samsung Galaxy S4, a circuit board and the machine's USB based circuitboard reports Krebs on Security.

In the wake of several high profile hacks in 2014, companies are set to spend more on cybersecurity this year, according to a survey by Piper Jaffray.

Retail cybercrime across the holiday season dropped, despite record business for companies across Black Friday and Cyber Monday, according to research from IBM, reported by Tech Week Europe.

Are hacking victims "hacking back"? That question was recently posed in headlines like this one from Bloomberg: FBI Investigating Whether Companies Are Engaged in Revenge Hacking. The Marketplace reporter, Ben Johnson, speculated that 2015 might be the year of "hacking back" when he asked me about revenge hacking.

19,000 Bitcoin - valued at around $275 each, so $5 million together - have been stolen from a majour European Bitcoin exchange, reports RT.

Police are closing in on thieves who stole Bitcoin valued at $370 million during the collapse of popular exchange Mt Gox - and just 1% of the theft is believed to be the work of outside hackers.