Cybercrime

Employees bringing their own devices to work is a security headache for most companies - even, it seems, the U.S. military. A report issued by the U.S. Department of Defense’s Inspector General last week pinpointed serious security failings around 14,000 commercial devices used by soldiers and civilians.

British cyber security experts from intelligence services such as MI5 are to join forces with 160 top British firms to defend against cyber attacks.

Aleksandr Matrosov reveals changes in banking Trojan Carberp relating to Java/Spy.Banker (AgentX.jar) and gaining remote access using legitimate software as backdoor components.

Even the smallest web based business in the world will attract criminal hackers interested in stealing financially valuable data.

Reports from Asia say that Singapore is to open a new Cyber Security Lab in a bid to combat criminal hacking by training law enforcement officers in the latest anti-cyber crime techniques.

The business-focused social network has seen a lawsuit related to the June 2012 hacking of its web site overturned in a San Jose federal court. The criminal hacking resulted in the release of 6.5 million passwords causing the Mountain View based company to instruct some of its members to reset their passwords, in a speedy response to the incident.

The Financial Times reported that the UK and India will improve co-operation in a bid to combat the growing threat from international cyber crime and cyber warfare in a new agreement between the two countries. The announcement was made during British Premier David Cameron’s trade trip to the emerging economic power.

U.S. President Barack Obama plans to release a long-awaited executive order aimed at improving cyber security were realised Tuesday. The order is designed to better protect the country's critical infrastructure from cyber attacks that are a growing concern to the economy and national security, according to Reuters.