A widely used security feature intended to protect access to online bank accounts is becoming increasingly ineffective, as cybercriminals develop advanced malicious software for Android devices, according to a report released Wednesday.
Trustwave's SpiderLabs researchers have found a piece of malware that collects data entered into Web-based forms, pretending to be a module for Microsoft's Internet Information Services (IIS) web-hosting software.
A Russian-speaking group is advertising "bulletproof" hosting for cybercriminals from data centers in Syria and Lebanon, an apparent effort to place new services in locales where Western law enforcement has little influence.
Microsoft and law enforcement agencies said Thursday that they disrupted a botnet that defrauded online advertisers of US$2.7 million a month but that the malicious network hasn't been completely eliminated.
The U.S. Supreme Court will leave it to Congress to settle the contentious question of online sales tax collection that brick-and-mortar retailers contend puts them at a disadvantage to giants such as Amazon.com.
The U.S. Army will pay Apptricity, a supply chain and financial software developer, US$50 million to settle a copyright infringement claim that it used but didn't pay for thousands of copies of logistics management software.
A research paper speculating Bitcoin's creator may have transferred US$60,000 to the Silk Road marketplace has been dispelled, as the account holder in question came forward on Tuesday, denying he is the mysterious Satoshi Nakamoto.
Copyright 2013 IDG Communications. ABN 14 001 592 650. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission of IDG Communications is prohibited.