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Dutch Teens Arrested for Cyberattacks on Mastercard and Visa

Dutch Teens Arrested for Cyberattacks on Mastercard and Visa

Dec 14, 2010
A Dutch hacker collective called Revspace aims to "re-educate" Dutch teens suspected of cyberattacks against Mastercard, Visa, and the Dutch National Prosecutors Office, transforming them into "ethical hackers." Last week, Dutch police arrested a 16-year-old boy for participating in web attacks against MasterCard and Visa as part of a grassroots effort to support WikiLeaks. On Saturday, another teenager was arrested in Hoogezand-Sappemeer for admitting to flooding the website of the Dutch prosecutor. The 19-year-old, known online as Awinee, reportedly encouraged others to join the attack. The teen was released today. Martijn Gonlag, who admitted to using the tool, claimed he only wanted to test software and did not support Wikileaks. Both arrests were straightforward because the teenagers used LOIC (Low Orbit Ion Cannon), a tool that lacks security features like anonymization. The attackers' IP addresses were visible in all packets sent during the attacks, as
Barracuda Networks Launches Bug Bounty Program for Security Products

Barracuda Networks Launches Bug Bounty Program for Security Products

Nov 14, 2010
Barracuda Networks announced on Tuesday that it will pay over $3,100 to anyone who can hack into its security products. This bug bounty program is the first of its kind from a pure-play security vendor. "This initiative reflects our commitment to our customers and the security community at large," said Paul Judge, Chief Research Officer at Barracuda. The security firm has included its Spam & Virus Firewall, Web Filter, Web Application Firewall, and NG Firewall in the bug bounty program. Patch or Public Disclosure Last week, Google launched a bug bounty program to pay for vulnerabilities, joining many other vendors willing to pay security researchers for information about vulnerabilities. These efforts aim to fix flaws as soon as possible to prevent exploitation as zero-day attacks. Barracuda's bug bounty program will pay up to $3,133.70 for "particularly severe bugs," a nod to the slang "leet" number 31337, meaning "elite" in the security commu
Why Regulated Industries are Turning to Military-Grade Cyber Defenses

Why Regulated Industries are Turning to Military-Grade Cyber Defenses

Jun 14, 2024Cybersecurity / Regulatory Compliance
As cyber threats loom large and data breaches continue to pose increasingly significant risks. Organizations and industries that handle sensitive information and valuable assets make prime targets for cybercriminals seeking financial gain or strategic advantage.  Which is why many highly regulated sectors, from finance to utilities, are turning to military-grade cyber defenses to safeguard their operations. Regulatory Pressures Impacting Cyber Decisions Industries such as finance, healthcare, and government are subject to strict regulatory standards, governing data privacy, security, and compliance. Non-compliance with these regulations can result in severe penalties, legal repercussions, and damage to reputation. To meet regulatory requirements and mitigate the ever-increasing risk, organizations are shifting to adopt more robust cybersecurity measures. Understanding the Increase of Threats Attacks on regulated industries have increased dramatically over the past 5 years, with o
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