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The Norwegian police have arrested and charged a 17-year-old for a massive distributed denial-of-service (DDoS) attack earlier this week that disabled the websites of major financial institutions and other businesses in the country. Distributed Denial of Service (DDoS) attack is designed to sabotage, shut down and overload the targeted website with web traffic more than its capacity in order to make it unavailable to users. The attack targeted five major banks, two telecommunication firms, three airlines and one insurance company, as their websites and online payment systems were disrupted. The unnamed teen claimed to be a part of the hacktivist group Anonymous Norway for what was thought to be the country's biggest ever cyber-attack on businesses. Although, the Anonymous Norway, via a Twitter message, has dismissed any connection to him or the cyber attack. The youngster was a resident of Bergen, on Norway's west coast. He was arrested on Thursday morning and que...

A month after the FBI and Europol took down the GameOver Zeus botnet by seizing servers and disrupting the botnet's operation, security researchers have unearthed a new variant of malware based explicitly on the same Gameover ZeuS that compromised users' computers and collectively formed a massive botnet. GAMEOVER ZEUS TROJAN The massive botnet, essentially a collection of zombie computers, specifically was designed to steal banking passwords with the capability to perform Denial of Service (DoS) attacks on banks and other financial institutions in order to deny legitimate users access to the site, so that the thefts kept hidden from the users. As a result of it, Gameover ZeuS' developers have stolen more than $100 million from banks, businesses and consumers worldwide. NEW GAMEOVER ZEUS TROJAN On Thursday, security researchers at the security firm Malcovery came across a series of new spam campaigns that were distributing a piece of malware based on the Gameover Zeus code which ...

The source code for the smallest but sophisticated banking Trojan Tinba has been leaked through an online post in an underground forum, which make it available for anyone who knows where to look for free malware generation tools. The files posted on the closed russian underground forum turned out to be the source code of Tinba version1 , which was discovered around mid-2012 and they say it is the original, privately sold version of the crimeware kit that infected thousands of computers in Turkey. Tinba , also known as Zusy, is a tiny but deadly banking Trojan that comprises just 20 Kilobytes of code that gives it ability to slip past detection by some antivirus engines and uses a number of well-word man-in-the-browser tricks in an attempt to defeat two-factor authentication. It infects systems without any advanced encryption or packing and has capability to hook into browsers and steal login data and sniff on network traffic. Last week, researchers at CSIS in Denmark...

Google has failed to provide a very important security measure in its Gmail application for iOS that left millions of its Apple device users to Man-in-the-Middle (MitM) attacks capable of monitoring encrypted email communications. Researcher at mobile security firm Lacoon has discovered that Google's Gmail iOS application, run on Macintosh mobile devices, does not perform what's known as "certificate pinning" when establishing a trusted connection between the mobile applications and back-end web services, which means an attacker can view plaintext emails and steal credentials in MitM attack. WHAT IS CERTIFICATE PINNING Certificate Pinning is a process designed to prevent user of the application from being a victim of an attack made by spoofing the SSL certificate . Certificate pinning automatically rejects the whole connection from sites that offer bogus SSL certificates and allow only SSL connections to hosts signed with certificates stored inside the application, whic...

Today, Microsoft has issued an emergency update for almost all versions of Windows and also for Microsoft devices running Windows Phone 8 and 8.1 to secure users from attacks that abuse the latest issued rogue SSL certificates, which could be used to impersonate Google and Yahoo! websites. A week after the search engine giant Google spotted and blocked unauthorized digital certificates for a number of its domains that could result in a potentially serious security and privacy threat, Microsoft has responded back to block the bogus certificates from being used on its software as well. " Today, we are updating the Certificate Trust List (CTL) for all supported releases of Microsoft Windows to remove the trust of mis-issued third-party digital certificates, " said Dustin Childs, group manager of response communications. The fake digital certificates , issued by the National Informatics Centre (NIC) of India - a unit of India's Ministry of Communications and Infor...

Chinese hackers broke into the computer systems of United States government agency that keeps the personal information of all federal employees, according to the paper published in the New York Times. The attack occurred on the Office of Personnel Management and Senior American officials believe that the attackers successfully gained access to some of the agency's databases in March before the federal authorities detected the threat and blocked them from the network. The hackers targeted the files of tens of thousands of federal employees who have applied for top-secret security clearances, the newspaper reported. " The intrusion at the Office of Personnel Management was particularly disturbing because it oversees a system called e-QIP, in which federal employees applying for security clearances enter their most personal information, including financial data. Federal employees who have had security clearances for some time are often required to update their personal inf...