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Microsoft today announced that its Digital Crimes Unit ( a center of excellence for advancing the global fight against cybercrime ) has successfully disrupted the ZeroAccess botnet, one of the world's largest and most rampant botnet .The Botnet is " disrupted ," not "fully destroyed" , Microsoft itself admits that " do not expect to fully eliminate the ZeroAccess botnet due to the complexity of the threat. " This is the Microsoft's 8th botnet takedown operation in the past three years. With the help of U.S. Federal Bureau of Investigation  ( FBI ) and Europol's European Cybercrime Centre (EC3), Microsoft led to the seizure of servers that had been distributing malware which has infected nearly 2 million computers all over the world, and with that, ZeroAccess botnet's masters are earning more than $2.7 million every month. ZeroAccess was first identified in 2011 by Symanetc, being used for click fraud, the malware can also be used to illicitly mine the v

Two most important moments in the history of Bitcoin are : Its creation by Satoshi Nakamoto , and the burst of The Silk Road's Founder  Ross William Ulbricht . The silk Road's black market was a Bitcoin economy. According to a report published by two Israeli computer scientists,  Ross William Ulbricht , aka Dread Pirate Roberts , may be financially linked to Satoshi Nakamoto. Even if the Bitcoin buyers and sellers remained anonymous, but the transactions themselves are public, So the scientists were able to trace the interactions. The Scientists, Ron and Shamir were exploring the connection between the operator of Silk Road who was recently arrested by the FBI for running the Internet blackmarket Silk Road and the entity that invented the bitcoin. The bitcoin network was established in 2008 and it has been popularly believed that the first accounts in the early days of the bitcoin were of Satoshi Nakamoto , accumulated some 77,600 BTC as a result of 'mining' Bitcoins

The FBI is warning that members of the hacktivist group Anonymous hacking collective have secretly accessed US Government computers and stolen sensitive information in a campaign that began almost a year ago. The Hacktivists have exploited a flaw in Adobe applications to compromise the target systems and install software backdoors to maintain the control of the victims computers over the time, the facts dated back to last December, according to a Reuters report. The hacking campaign affected the U.S. Army, Department of Energy , Department of Health and Human Services, and other government agencies,  FBI reveals.  The Federal Bureau of Investigation memo called the hacking campaign " a widespread problem that should be addressed. " and provided useful information for system administrators that how to determine if their networks were compromised. Government investigators are investigating the scope of the hacking, believed that hackers are still operatin

SaaS applications are dominating the corporate landscape. Their increased use enables organizations to push the boundaries of technology and business. At the same time, these applications also pose a new security risk that security leaders need to address, since the existing security stack does not enable complete control or comprehensive monitoring of their usage. LayerX has recently released a new guide, " Let There Be Light: Eliminating the Risk of Shadow SaaS " for security and IT teams, which addresses this gap. The guide explains the challenges of shadow SaaS, i.e., the use of unauthorized SaaS apps for work purposes, and suggests practices and controls that can mitigate them. The guide also compares various security controls that attempt to address this risk (CASB, SASE, Secure Browser Extension) and explains how each one operates and its efficacy. Consequently, the guide is a must-read for all security leaders at modern organizations. Here are the main highlights:

The US Federal Bureau of Investigation has added five new hackers to its Cyber most wanted list and is seeking information from the public regarding their whereabouts. The men are wanted in connection with hacking and fraud crimes both within the US as well as internationally. Rewards ranging from up to $50,000 to $100,000 are being offered for information that leads to their arrest. Two of them are Pakistani, Farnhan Arshad and Noor Aziz Uddin , who caused the damage of over $50 million after hacking business telephone systems between 2008 and 2012. Arshad and Uddin are part of an international criminal ring that the FBI believes extends into Pakistan, the Philippines, Saudi Arabia, Switzerland, Spain, Singapore, Italy, Malaysia, and other locations. Syrian national Andrey Nabilevich Taame , wanted for his alleged role in Operation Ghost Click , a malware scheme that compromised more than four million computers in more than 100 countries between 2007 and October 2011

The world's favorite crypto-currency has made rounds in the headlines this week. The FBI had managed to seize 144,000 Bitcoins  worth some $28.5 million at current exchange rates from Silk Road's founder, that's the largest ever seizure of the cryptocurrency . Bitcoin is an open-source, decentralised, digital currency, whose production is designed to simulate the mining of a commodity, like gold. These Bitcoins belonged to Ross Ulbricht , the 29-year-old who allegedly created and managed the Silk Road , the popular anonymous drug-selling site. In March, 7000 of 10,000 items on Silk Road were drugs. Earlier this month Ulbricht was arrested and the website was taken offline by the Department of Justice and charged with engaging in a drug trafficking and money laundering conspiracy as well as computer hacking and attempted murder-for-hire. The Bitcoin address now known as DPR Seized Coins finished receiving the mass of cryptocurrency and Authorities are also

Ross Ulbricht , the recently arrested mastermind behind Silk Road , appeared in court yesterday where his lawyer begged for more time before the detention hearing. As the Protective Order states, The United States is further authorized to seize any and all Bitcoins contained in wallet files residing on silk road servers and can transfer the full account balance in each silk road wallet to a public Bitcoin address controlled by the United States. Right now the FBI must be feeling pretty good too, because a federally controlled Bitcoin account , renamed as " Silkroad Seized Coins " now contains over $3.5 million worth of the digital currency , seized from Silk Road over 26,000 Bitcoins. As of this writing, the FBI 's Bitcoin address has received 122 transactions, nearly 30 of which apparently come from pranksters and now the account holds 27,365.89919925 BTC. Forbes, Kashmir Hill asked FBI spokesperson that what the plan is for those seized Bitcoins. " W

During the summer, The Secure email provider 'Lavabit' and preferred service for PRISM leaker  Edward Snowden  decided to shut down after 10 years to avoid being complicit in crimes against the American people. The U.S. Government obtained a secret court order demanding private SSL key from Lavabit, which would have allowed the FBI to wiretap the service's users, according to Wired . Ladar Levison, 32, has spent ten years building encrypted email service Lavabit , attracting over 410,000 users. When NSA whistleblower Edward Snowden was revealed to be one of those users in July, Ladar received the court orders to comply, intended to trace the Internet IP address of a particular Lavabit user, but he refused to do so. The offenses under investigation are listed as violations of the Espionage Act and Founder was ordered to record and provide the connection information on one of its users every time that user logged in to check his e-mail. The Government complai

The FBI had seized a website called ' Silk Road ', that was considered one of the most popular Underground places on the Internet for buying drugs and other illicit goods and services. They arrested the site's alleged founder,  Ross William Ulbricht, known as " Dread Pirate Roberts ," in San Francisco, who reportedly had  26,000 Bitcoins worth $3.6 million. The FBI used information from Comcast in the investigation and collaborated with US Customs and Border Patrol, the Internal Revenue Service, the Drug Enforcement Administration, and the Department of Homeland Security. Ross Ulbricht Ross William Ulbricht, a 29-year-old graduate of the University of Pennsylvania School of Materials Science and Engineering  charged with one count each of narcotics trafficking conspiracy, computer hacking conspiracy and money laundering conspiracy, according to the filing. ' Silk Road '  website, which had operated since early 2011, also offered tut

A few days before the servers of the largest provider of Ultra Anonymous hosting were found to be serving custom malware designed to identify visitors who were using the Tor service to hide their identity online. The javascript code exploited a security vulnerability in the open-source version of Firefox that the Tor network is based on. In an Irish court, FBI agent admitted publicly that the agency had control of Freedom Hosting , a Tor hidden service operator company, in an effort to arrest a suspect behind the largest child porn facilitator on the planet. Eric Eoin Marques, a 28-year-old Irishman, is now awaiting extradition to the US where he could face 100 years in prison on child pornography charges. Marques is the owner and operator of Freedom Hosting , one of the largest web hosts for the Tor network., Hosting many of the darkest hidden services on the Darknet, including criminal hacking site HackBB, money laundering services, and responsible for hosting chi

The Syrian Electronic Army (SEA) , a pro-regime hacker group that emerged during Syrian anti-government protests in 2011, and involved in cyber attacks against western media organizations are now in the FBI's wanted list. The Federal Bureau of Investigation has issued an alert warning of cyber attacks by the Syrian Electronic Army and finally put them on its radar. " The SEA'S primary capabilities include spear-phishing, web defacements, and hijacking social media accounts to spread propaganda. " they said. The FBI also has increased its surveillance of Syrians living in the US. According to some anti-Assad activists, the group was founded by former intelligence agents and hardcore Assad supporters. SEA had compromised social media profiles for Western news organizations by sending fake email messages to news staff in an attempt to gain access to login credentials. Most recently, the group grabbed international attention after commandeering the webs

TOR is the dark side of the Internet, the so-called dark web, which provides a safe haven to privacy advocates but is also where drugs, assassins for hire and other weird and illegal activities can allegedly be traded. A claimed zero-day vulnerability in Firefox 17 was used by the FBI to identify some users of the privacy-protecting Tor anonymity network. The FBI did not compromise the TOR network itself and The complex multi-layers of encryption still stand. Instead the FBI compromised the TOR browser only using a zero-day JavaScript exploit and used this to implant a cookie which fingerprinted users through a specific external server. Eric Eoin Marques , 28 year-old man in Ireland believed to be behind Freedom Hosting , the biggest service provider for sites on the encrypted Tor network , is awaiting extradition on p*rno charges. It is understood the FBI had spent a year trying to locate Mr Marques. Marques was arrested on a Maryland warrant that includes charges

It's not the new facts that the FBI has used hacking methods in the past to spy on suspected criminals, including keyloggers and remotely turning on the microphones in mobile phones, in order to spy on suspected criminals. Computer viruses and spyware are an unavoidable part of life. You can protect against them, but they'll always be out there lurking. The Wall Street Journal posted the story that FBI agents hacking people's Android devices and personal computers (PCs) using malware , so that they can turn the MIC on and listen in on conversations. The FBI hires people who have been hacking skill, and they purchase tools that are capable of doing these things, and develop some hacking tools internally or purchases others from the private sector. It's also important to note that the US government is now the world's largest buyer of malware . The FBI has also developed custom " port reader " software to intercept Internet metadata in real

According to a secret agreement it signed in 2001 with the FBI and US Department of Justice - Telstra, Australia's largest phone company is storing huge volumes of electronic communications it carried between Asia and the US for potential surveillance by US intelligence agencies. The contract was prompted by Telstra's undersea telecommunications joint venture called Reach . Undersea cabling " physically located in the United States, from which Electronic Surveillance can be conducted pursuant to Lawful US Process. " The document also specifies the facility should be run exclusively by US staff.  The document was signed by Douglas Gration, a barrister who was then Telstra's company secretary and official liaison for law enforcement and national security agencies. The venture also guaranteed it would be able to provide U.S. authorities with copies of stored data, call logs, subscriber information, and billing data, according to the document. Those were to be stor

New top secret documents provided by Edward Snowden exposed that Microsoft worked hand-in-hand with the United States government and handed the NSA access to encrypted messages and built a series of backdoors into Outlook.com, Skype, and SkyDrive to ease difficulties in accessing online communications. Over the last three years, Microsoft has reportedly assisted the FBI and NSA in encryption bypassing its products' encryption that would otherwise prevent the interception of web chats, emails, and user data. The documents obtained by The Guardian show that: Microsoft helped the NSA to circumvent its encryption to address concerns that the agency would be unable to intercept web chats on the new Outlook.com portal; The agency already had pre-encryption stage access to email on Outlook.com, including Hotmail; The company worked with the FBI this year to allow the NSA easier access via Prism to its cloud storage service SkyDrive, which now has more than 250 million users world

The National Security Agency , part of the U.S. military reportedly has a direct line into the systems of some of the world's biggest Web and tech companies, i.e Microsoft, Google, Facebook, Skype. The NSA access is part of a previously undisclosed program called PRISM , 6-year-old program which allows officials to collect real-time information and as well as stored material including search history, the content of emails, file transfers and live chats, according to reports in the Washington Post . Project PRISM may be the first of its kind and also  GCHQ , Britain's equivalent of the NSA, also has been secretly gathering intelligence from the same internet companies through an operation set up by the NSA. Later confirmed by the White House and members of Congress as saying that the government routinely seeks information in its fight to thwart domestic and international terrorism. Other services that are reportedly part of PRISM include PalTalk, Skype, and AOL.

Microsoft and the FBI have taken down a botnet that controlled millions of infected PCs, which was responsible for massive bank fraud.  Botnets are networks of computers infected with viruses that let them be controlled by hackers. The outfit runs the Citadel Botnets and is believed to have stolen more than $500 million from bank accounts over the past 18 months. Citadel is one of the biggest botnets in operation today. Citadel is a banking Trojan that has been in existence since 2011. As with most banking Trojans, Citadel is a full crimeware kit, providing the attackers with payload builders, a command and control (C&C) server infrastructure, and configuration scripts to target various banks. Citadel infected as many as 5 million PCs around the world including here in Australia and according to Microsoft, was used to steal from dozens of financial institutions, including American Express, Bank of America, Citigroup, Credit Suisse, eBay's PayPal, HSBC, JPM

A website that can be described as " DDoS for hire " is perfectly legitimate, according to the owner. Malicious sites that offer attack services are not strangers on the Internet, but web sites sponsored by law enforcement is another story altogether. Ragebooter, is one of many sites that accepts payment through PayPal in order to flood sites with junk traffic, overloading servers and denying others access. The service uses a technique called DNS reflection to flood a website and amplify the amount of traffic directed at an address. Unlike other existing sites that offer similar services, the Ragebooter have particularly interesting back door leading directly to the FBI. It seems that the Federal Investigation Bureau uses the site to monitor the activity of users on the network, and that added to the site IP Logger that keeps the IP addresses of all users coming to the site. Investigation shows the site operator is a guy named Justin Folland located in M

Remember Hector Xavier Monsegur a.k.a Lulzsec hacker  Sabu ?  That  undercover   double agent working for the FBI. Once again Authorities abruptly postponed his sentencing due to his continued cooperation with the feds. All told, he faced a maximum time behind bars of 124 years associated with his guilty plea on ten counts of bank fraud and one count of identity theft. When he was a active member of LulzSec , the group hacked into sites belonging to the CIA, Serious Organised Crime Agency, Sony Pictures Europe and News International. " It's widely believed that Monsegur will receive a reduced sentence for signing a plea agreement and serving as an  informant " cnet said . Monsegur, an unemployed father of two, led the loosely organized group of hackers from his apartment in a public housing project in New York.