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Hacker known as " Pinkie Pie " produced the first Chrome vulnerability at the Hack In the Box conference on Wednesday, just ahead of the deadline for the competition this afternoon. The exploit, if later confirmed by Google’s US headquarters, will have earned the teenage hacker known as Pinkie Pie the top US$60,000 cash reward. In March, Pinkie Pie and Sergey Glazunov both won $60,000 for their exploits at the first Pwnium competition. Google established the Pwnium competition as an alternative to the Pwn2own contest in order to add the requirement that participants provide details of their exploit. Google will give away up to a total of US$2 million during the event. $60,000 - “Full Chrome exploit”: Chrome / Win7 local OS user account persistence using only bugs in Chrome itself. $40,000 - “Partial Chrome exploit”: Chrome / Win7 local OS user account persistence using at least one bug in Chrome itself, plus other bugs. For example, a WebKit bug combined with a Windows ...

Capital One Financial Corp. said it’s the latest target in a new round of coordinated cyber attacks aimed at disrupting the websites of major U.S. banks, and SunTrust Banks Inc. and Regions Financial Corp. said they expect to be next. The so-called “Izz ad-Din al-Qassam Cyber Fighters” posted a specific timetable for its attack program on PasteBin.com, a website commonly used by hackers to brag about exploits. Izz ad-Din al-Qassam also threatened to pursue more cyber attacks next week and has long said it will not stop until the video is removed from the Internet. American banks will reportedly face a massive cyberattack in coming weeks. A Russian-speaking hacker is organizing a massive trojan attack based around fraudulent wire transfers--and American banks appear to be at the center of the raid. In the past, such attacks have sometimes caused websites to slow to a crawl or become inaccessible for some users; however, the impact cannot be gauged in advance. The sam...

Citrix and the Apache Software Foundation have alerted users to a critical vulnerability in the CloudStack open source cloud infrastructure management software. The vulnerability affects all versions of Cloudstack prior to October 7, including the Citrix commercial version. Vulnerability could allow an attacker to take a number of unwanted actions, including deleting all of the virtual machines on a system. There are no known exploits at this time, Details of the issue were disclosed on Sunday. Cloudstack is one of the largest open source cloud infrastructure management systems together with OpenStack and Eucalyptus. Mitigation against the vulnerability is possible by logging into the Cloudstack MySQL database, disabling the system user and setting a random password. " The CloudStack PPMC was notified of a configuration vulnerability that exists in development versions of the Apache Incubated CloudStack project. This vulnerability allows a malicious user to execut...

New privacy threats have been uncovered by security researchers that could allow every device operating on 3G networks to be tracked, according to research from the University of Birmingham with collaboration from the Technical University of Berlin. Researchers said that standard off-the-shelf equipment, such as femtocells, could be used to exploit the flaw, allowing the physical location of devices to be revealed. The 3G standard was designed to protect a user’s identity when on a given network. A device’s permanent identity, known as International Mobile Subscriber Identity (IMSI) is protected on a network by being assigned a temporary identity called a Temporary Mobile Subscriber Identity TMSI. The TMSI is updated regularly while the 3G networks are supposed to make it impossible for someone to track a device even if they are eavesdropping on the radio link. Researchers have discovered that these methods can easily be sidestepped by spoofing an IMSI paging reques...

Antivirus company Symantec has detected a malicious campaign in which hackers managed to deceive thousands of people allegedly signed by a paid proxy service. They expose that hundreds of thousands of users signing up for a cheap and supposedly legitimate proxy service have ended up downloading malware and being ensnared into a botnet. Three months ago, Symantec researchers started an investigation into a piece of malware called Backdoor.Proxybox that has been known since 2010, but has shown increasing activity recently. " The malware is Backdoor.Proxybox, and our investigation has revealed an entire black hat operation, giving us interesting information on the operation and size of this botnet, and leading us to information that may identify the actual malware author ," Symantec. The service - ProxyBox - supposedly provides access to its entire list of thousands of proxies for only $40 a month, which is obviously too cheap a price for the provider to break eve...