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Another member of the hacker collective Anonymous has been unmasked this week. FBI raided the home of Deric Lostutter in April. Two laptops, flash drives, CD's, an external hard-drive, cell phones and an Xbox were reportedly seized during the raid. Deric Lostutter, a 26-year-old from Winchester, is also known as KYAnonymous , a member of the hacktivist collective Anonymous who leaked a video showing the young men who raped an unconscious teenaged girl in Steubenville , Ohio, bragging about what they did in a disgustingly proud manner. In March, football stars Trent Mays, 17, and Ma'lik Richmond, 16, were convicted of the rape. They were sentenced to a minimum of one year in a juvenile detention institution with a maximum stay until they are 21. Lostutter, a self-employed IT security consultant and self-described Anonymous member, said that he'd just returned from a turkey hunt when he noticed what appeared to be a FedEx truck in his driveway. " As I open the doo...

The Pirate Bay co-founder Gottfrid Svartholm Warg a.k.a  'Anakata' is suspected of being involved in one of Denmark's biggest hack attacks. Gottfrid was arrested in Cambodia in September 2012 and has been extradited from Cambodia to Sweden last year, charged with hacking the IBM mainframe of Logica, a Swedish IT firm that provided tax services to the Swedish government, and the IBM mainframe of the Swedish Nordea bank. Now he is suspected in another hacking case, where he and a 20-year-old Danish hacker are suspected to have obtained access to, among other things Danish social security numbers as well as business numbers. Danish suspect was arrested on Wednesday. In January, police in Sweden told colleagues in Denmark about a Danish IP address they had found during an investigation into hacker attacks against a company handling sensitive information for the Swedish tax authority. Grave cases of hacking are punishable by up to six years...

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 PalTa...

A new piece of sophisticated Android malware has been discovered by security researchers at Kaspersky Labs . Dubbed as Backdoor . AndroidOS . Obad . a , it is the most sophisticated piece of Android malware ever seen. It exploits multiple vulnerabilities , blocks uninstall attempts, attempts to gain root access, and can execute a host of remote commands. It include complex obfuscation techniques that complicated analysis of the code, and the use of a previously unknown vulnerability in Android that allowed it to take control of and maintain a foothold on infected Android devices . There are two previously unknown Android vulnerabilities exploited by Obad . It can gain administrator privileges, making it virtually impossible for a user to delete it off a device. Another flaw in the Android OS relates to the processing of the AndroidManifest.xml file. This file exists in every Android application and is used to describe the application's structure, define its laun...

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...