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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...

The National Security Agency is collecting telephone records for millions of Americans without informing the individuals involved. The shocking news has been revealed by ' Guardian ' whose journalists had access to a " Top Secret " court order, signed by Judge Roger Vinson, issued in April against Verizon . A copy of a secret order to obtain phone records for all Verizon customers was obtained, showing that the NSA was monitoring all incoming and outgoing calls made on that network.  The order obliges the Verizon Company to deliver the daily list of calls, " both within the Member States and between the United States and other countries ." The order was issued by the U.S. The Foreign Intelligence Surveillance Court directs Verizon's Business Network Services Inc and Verizon Business Services units to hand over electronic data including all calling records on an " ongoing, daily basis " until the order expires on July 19, 2013. ...

The infamous Zeus malware has once again resurfaced as per Symantec and is capable of draining your bank accounts. Zeus propagates through phishing messages that originate from an account that has been phished. Such a phished account will then start automatically sending messages to friends with links to ads telling them to check out a video or product.  Of course, you should not click as doing so will get your account phished as well. The program is sophisticated enough that it can replace a bank's Web site with a mimicked page of its very own. The fake page can then ask for social security number information and other data that is then sold on the black market.  According to Trend Micro the pages are being hosted by the Russian criminal gang known as the Russian Business Network. Zeus was first detected in 2007 and it is spreading online. If you click on the Zeus virus, it is designed to steal your password and drain your bank account. Facebook is aware o...

I had the honor of hosting the first episode of the Xposure Podcast live from Xposure Summit 2025. And I couldn't have asked for a better kickoff panel: three cybersecurity leaders who don't just talk security, they live it. Let me introduce them. Alex Delay , CISO at IDB Bank, knows what it means to defend a highly regulated environment. Ben Mead , Director of Cybersecurity at Avidity Biosciences, brings a forward-thinking security perspective that reflects the innovation behind Avidity's targeted RNA therapeutics. Last but not least, Michael Francess , Director of Cybersecurity Advanced Threat at Wyndham Hotels and Resorts, leads the charge in protecting the franchise. Each brought a unique vantage point to a common challenge: applying Continuous Threat Exposure Management (CTEM) to complex production environments. Gartner made waves in 2023 with a bold prediction: organizations that prioritize CTEM will be three times less likely to be breached by 2026. But here's the kicker -...

Since 2010, foreign state sponsored organizations have repeatedly compromised an unencrypted database maintained by the Veterans Affairs Department that contains personally identifiable information on roughly 26 million veterans. Including at least eight foreign-sponsored organizations, mostly connected to the Chinese military had successfully compromised VA networks and data.  Other than this, possibly Russia were identified as likely culprits in the attempts to steal VA data. Details regarding exactly what information has been compromised are sparse, but unencrypted data included names, dates of birth and Social Security numbers of veterans that could be used to commit credit and identity fraud. Lack of basic security controls, such as encryption of data, make VA an easy target. The 2006 breach was caused by the theft of a VA employee's laptop, which contained personal information on about 26 million veterans and military personnel. From another report,...

Judge Susan Illston of the U.S. District Court for the Northern District of California on Friday has ordered the Google to hand over customer details to FBI without a warrant. FBI counter terrorism agents began issuing the secret letters, which don't require a judge's approval, after Congress passed the Patriot Act in the wake of the September 11 attacks. The letters are used to collect unlimited kinds of sensitive, private information, such as financial and phone records and have prompted complaints of government privacy violations in the name of national security. Google had previously refused to give the agency access to personal data such as the search history of its users, claiming such demands were illegal without a warrant. Electronic Frontier Foundation has challenged the letters in court, said: " We are disappointed that the same judge who declared these letters unconstitutional is now requiring compliance with them ." The decision came...

A Russian hacker who goes by the handle " Barabus " on the GameDev.ru forums illegally crack Xbox Live Arcade game The Dishwasher: Vampire Smile , developed by Ska Studios and port it on PC. He claimed that he was justified in illegal cracking: " This is not piracy, this is restoration of justice. The authors are not very nice to publish the game exclusively for the Xbox 360, making it impossible for PC gamers to play in such a great game ."  The port is currently in beta and has no permissions from Ska Studios to even exist. But this isn't a problem, according to the developer, as they say they're not stealing anything from Ska Studios. In the same forum post, the game's creator Ska Studios founder James Silva said: " I guess you could say my reaction is mixed. I'm flattered that there's this much interest in Vampire Smile on PC. I'm not mad about the crack itself, in fact, I'm actually pretty impressed. But I'm bewildered by the cracker's attempt to jus...