The U.S. Federal Bureau of Investigation has taken aim at two Latvian gangs that allegedly made tens of millions of dollars by sneaking fake virus warnings onto victims' computers and then charging them to clean up the mess.
Websites belonging to the Brazilian government and energy giant Petrobras were knocked offline Wednesday in a series of cyberattacks.
The hacking group known as LulzSec pledged to continue their online rampage Tuesday, a day after U.K. police arrested a man allegedly affiliated with the group.
Google may owe Oracle nearly as much money in damages as Oracle paid to buy all of Sun Microsystems, according to Oracle's paid expert in the companies' Java intellectual property dispute.
An Indian man has been charged with breaking into a company's Internet domain name registration account as part of a US$1 million extortion attempt.
Debbie Crowell never ordered the iPhone, but thanks to a hacking group known as Lulzsec, she spent a good part of her Thursday morning trying to get US$712.00 in charges reversed after someone broke into her Amazon account and ordered it.
A Michigan court has ruled that Comerica Bank is liable for a US$560,000 cyberheist, saying the bank should have done a better job to spot millions of dollars in fraudulent transactions after one of the bank's customers was tricked in a phishing attack two years ago.
The hacking group known as LulzSec called it Titanic Takeover Tuesday. Gamers called it by a variety of names, many of which cannot be reprinted here. But for system administrators at a handful of gaming companies, Tuesday, June 14 was a nightmare: the day their websites went down under an online attack.
The Lulzsec hacking group continues to cause headaches for IT staffers. On Monday it published data it obtained from servers belonging to the U.S. Senate and Bethesda Softworks, a Rockville, Maryland, game maker.
For any company that makes its living selling security, it's a nightmare come true. This week, RSA Security admitted that <a href="http://www.networkworld.com/news/2011/031811-rsa-warns-securid-customers-after.html">hackers who broke into its network</a> three months ago had stolen information about its SecurID tokens and then used that information to attack a customer, Lockheed Martin.
Siemens has fixed bugs in its Simatic S7 industrial computer systems, used to control machines on factory floors, power stations and chemical plants.
He was hired to fix their computers, but police say that Trevor Harwell instead installed spyware software that took candid photos of his clients in various states of undress.
Oracle has issued an update to Java SE that fixes a number of critical bugs in the widely used Internet software.
In an acknowledgement of the severity of its recent computer compromise, RSA Security said Monday that it will replace SecureID tokens for any customer that asks.
A security researcher who says he's found serious problems with Siemens computers used in power plants and heavy industry is now expecting to go public with his research at the Black Hat security conference in Las Vegas.