Cybercrime

The British government has launched the first stage of a £4 million ($6.1 million) campaign to educate consumers and small businesses about the dangers of cyber crime.

Hackers could remotely attack security cameras commonly used in banks and prisons - and either spy on secure facilities or replace “real” video feeds with fakes, according to a U.S. security expert.

Microsoft has said that it has “liberated” two million PCs worldwide from Citadel botnets after an action on June 5 which targeted 1,400 networks.

Cyber attacks are damaging the world economy, a former White House official has warned, and leading economies need to put aside political differences to deal with the threat.

Google claims to have spotted and disrupted several phishing campaigns in Iran - attempts to compromise tens of thousands of email accounts in the run-up to the country’s presidential elections this Friday.

Banks should look to spam emails and their own server errors as a source of information, says Nicholas Scott of National Australia Bank (NAB), speaking at the RSA Conference Asia-Pacific in Singapore.

British Prime Minister David Cameron has been warned that telecoms equipment made by Chinse firm Huawei should be tested by security services to protect against cyber attacks.

Microsoft and the FBI have broken up a large portion of the Citadel botnet - a network which had stolen $500 million from bank accounts in 90 countries around the world by installing keylogger software on five million machines.

Silicon Valley technology firms should take the lead in defending the private sector against cyber attacks, says Paul Rosenzweig, a former Department of Homeland Security official, now founder of Red Branch Consulting.