Cybercrime

The global press release distribution firm PR Newswire has admitted to a large-scale breach, in which usernames and passwords were stolen - but claims hackers have not sent out “fake” releases, which can be used to manipulate financial markets.

Cyberattacks seem to be a growth industry in Indonesia, with the region having pushed China off the top spot as the leading source of attack traffic in the last quarter, according to internet services provider Akamai.

Bringing the international gang lords of cybercrime to justice is a “challenge”, the interim head of Britain’s new National Cyber Crime Unit has admitted - and says he will discuss the issue with government if necessary.

Some models of the popular routers made by D-Link contain a “backdoor” which could allow a remote attacker access to settings and private data, a researcher has warned.

A trio of men plugged keyloggers disguised as ordinary connectors into cash registers in a Nordstrom department store in Florida, and returned to collect days later, according to security blogger Brian Krebs.

Cyber attacks against Industrial Control Systems pose a risk to power plants and other critical infrastructure - and action is needed to ensure nations stay safe, the EU’s cyber security agency ENISA said today.

The costs of cybercrime have continued to rise for victims, for the fourth consecutive year, according to a survey conducted by the Ponemon Institute. Each cyberattack now costs companies nearly $1 million to resolve, on average - and the annualized cost to a sample of U.S. organizations was $11.56 million.

A cyber “war game” will test Britain’s financial system to its limits in a virtual attack which will test the defenses of banks, markets and payments systems against a simulated "major" attack by cybercriminals.

Internet Explorer users will be a great deal safer from Tuesday onwards, after Microsoft announced a patch for a vulnerability that has been exploited by attackers “for months” according to some reports.