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In an effort to infect large number of people, cybercriminals have developed a new malicious software program that contains functionality to spread itself quickly. Geodo , a new version of the infamous Cridex (also known as Feodo or Bugat ) banking information stealing Trojan works in conjunction with a worm that sends out emails automatically to continue its self-spreading infection method, effectively turning each infected Windows system in the botnet for infecting new targets, Seculert warned . The Infected Windows systems in the botnet network download and install an additional piece of malware (i.e. an email worm) from the Botnet 's command and control servers, provided with approximately 50,000 stolen SMTP account credentials including those of the associated SMTP servers. The stolen SMTP credentials appeared to come from Cridex victims and with the help of those credentials, the malware then sends out emails from legitimate accounts to other potential victim...

After the wide chain of scandals over US global snooping that seriously damaged the trust on the top U.S. Tech companies, Google and Yahoo! came forward and took initiative to provide more secure, encrypted and NSA-proofed service in an effort to gain their reputation again among its users. Now, Microsoft has also announced several improvements to the encryption used in its online cloud services in order to protect them from cyber criminals, bad actors and prying eyes. The company effort detailed in a blog entry by Matt Thomlinson, Microsoft's Vice President of Trustworthy Computing Security. MICROSOFT'S COMMITMENT Last December, Microsoft promised to protect its users data from government snooping by expanding encryption across its services, reinforcing legal protections for its customers' data and enhancing the transparency of its software code, making it easier for the customers to reassure themselves that its products contain no backdoors. Yesterday's announc...

Gone are the days when cyber criminals focuses only on PCs to spread malwares and target people, whether it's ordinary or a high profile person. Nowadays, organizations in the energy sector have become an interesting target for cyber minds. Few days ago, security researchers uncovered a Stuxnet-like malware, " Havex ", which was also programmed to infect industrial control system software of SCADA systems , with the capability to possibly disable hydroelectric dams, overload nuclear power plants, and even shut down a country's power grid with a single keystroke. RUSSIAN HACKERS HIT 1000 ENERGY FIRMS Recently, a Russian group of hackers known as ' Energetic Bear ' has compromised over 1,000 European and North American energy firms with a sophisticated cyber weapon, similar to Stuxnet, that gave hackers access to power plant control systems, said a security firm. The group of hackers also known as ' Dragonfly ', an eastern European collective that has been active since...

ProtonMail ,  an End-to-End Encrypted email service developed by MIT, Harvard and CERN researchers, who already received over $275,000 from a crowdfunding campaigns to their PayPal account, and was so much excited to launch its beta version, but just before that PayPal freezes their account without any warning. " At this time, it is not possible for ProtonMail to receive or send funds through PayPal, " ProtonMail co-founder Andy Yen announced this morning. " No attempt was made by PayPal to contact us before freezing our account, and no notice was given. " ProtonMail is a new super-secure email service that encrypts the data on the browser before it communicates with the server, this means only encrypted data is stored in the email service servers. GO HOME PAYPAL, YOU ARE DRUNK ProtonMail service is based in Switzerland, so it won't have to comply with American courts' demands to provide users data. But a representative from the American payment service, PayPal ...

In an effort to crackdown on cyber crimes, Microsoft has taken a legal action against a malware network what it thought is responsible for more than 7.4 million infections of Windows PCs across the globe. Millions of legitimate servers that rely on Dynamic Domain Name Service (DDNS) from No-IP.com, owned by Vitalwerks Internet Solutions were blacked out on Monday after Microsoft seized their 23 domain names that were being used by malware developed in the Middle East and Africa. No-IP FOR MALWARE OPERATORS The Dynamic Domain Name Service (DDNS) from No-IP.com works by mapping users' dynamic IP addresses to a customized No-IP sub-domain like yourhost.no-ip.org or yourhost.no-ip.biz. This mechanism allows users to connect to a system with dynamic IP address using a static No-IP sub-domain. No doubt its a useful service, but Nevada-based No-IP Dynamic DNS (DDNS) service subdomains have been abused by creators of malware for infecting millions of computers with ma...