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The multinational bank HSBC has blamed a denial of service attack for the downtime of many of its websites worldwide on Thursday night and the Anonymous group has been quick to take credit. " Banks are the sole cause of our current worldwide economic problems. They deserve to get hit. RBS, Lloyds TSB and Barclays are next, " FawkesSecurity said . " This denial-of-service attack did not affect any customer data, but did prevent customers using HSBC online services, including Internet banking. We are taking appropriate action, working hard to restore service. We are pleased to say that some sites are now back up and running. We are cooperating with the relevant authorities and will cooperate with other organizations that have been similarly affected by such criminal acts. " HSBC said. The timing of the group's Twitter postings lends credence to its claims, but Twitter users claiming to be Anonymous members have falsely claimed responsibility for at...

The most common approach to protect data during communication on the Android platform is to use the Secure Sockets Layer (SSL) or Transport Layer Security (TLS) protocols. Thousands of applications in the Google Play market that are using these implementations. A group of researchers including Sascha Fahl, Marian Harbach, Thomas Muders, Matthew Smith from Distributed Computing & Security Group - Leibniz University of Hannover, Hannover, Germany and Lars Baumgärtner, Bernd Freisleben from Department of Math. & Computer Science - Philipps University of Marburg, Marburg, Germany, have presented a paper that  most of these applications contain serious mistakes in the way that SSL/TLS is implemented, that leaving them vulnerable to man-in-the-middle attacks that could compromise sensitive user data such as banking credentials, credit card numbers and other information. Tests performed on 100 selected apps confirmed that 41 of them were vulnerable to known atta...

Android’s App store is currently facing a new dilemma as its security has been compromised once again. Researchers from security firm TrustGo have recently spotted on Google Play a bogus app that supposedly automatizes the updating of a batch of other apps. The malicious code was hidden within an app named, "Updates" by developer Good Byte Labs (Package name: com.updateszxt) and was designed to look like an update to the Lookout™ mobile security application. The malware detected as Trojan!FakeLookout.A  is capable of stealing SMS and MMS messages and upload them to a remote server via FTP. This virus has the potential to steal all personal business sensitive data from the users’ device. Though there are no reports of being infected by the users, it is believed that the infected users are not aware of it yet. " New approach being attempted by malware makers, " TrustGo said the site in question " contains a Trojan file that targets multiple platfo...

A French hacker has been arrested for spreading a virus through fake smartphone applications. Prosecutors say he stole tiny sums from 17,000 people, amassing about 500,000 euros (£405,000) since 2011. Working from the basement of his parents' home in Amiens, France, he created malicious software that looked like normal smartphone apps, but these programs stole money through hidden transactions. He also used programs that sent him the usernames and passwords for gambling and gaming websites. The man admitted his crimes to police after he was arrested in the northern French city of Amiens. He told officials that he was motivated by a strong interest in computers and the desire to be a software developer.

Apple has discontinued its own Java plugin, issuing an 'update' that removes it from MacOS and encourages users to instead download Oracle's version of the software. Its another step by Apple towards making OS X safer on the web. Mac users may have noticed that Java-based websites are displaying a " Missing Plug-in " notification. The Apple Support page states that this update is for OS X 10.7 and later. Apart from stripping browsers of the Java plug-in, it also removes the Java Preferences application, since it is no longer required for applet setting configuration. Just to be clear, the update does not remove Java from your system if its installed, just the Java plugin from your web browsers. In August, Java was blasted as an unsafe plug-in that should only be used when absolutely necessary after a zero-day exploit was discovered, rolled into the user-friendly Blackhole exploit kit and used for nearly a week before Oracle issued a patch. That patch, however,...

The Internet has created many new global business opportunities for enterprises conducting online commerce. However, the many security risks associated with conducting e-commerce have resulted in security becoming a major factor for online success or failure. Whether you are an individual or a company, you should approach online security in the same way that you would approach physical security for your home or business. Not only does it make you feel safer but it also protects people who visit your home, place of business, or website. It is important to understand the potential risks and then make sure you are fully protected against them. In the fast-paced world of technology, it is not always easy to stay abreast of the latest advancements. For this reason it is wise to partner with a reputable Internet security company. Here we have a very cool guide from  Symantec , This guide will de-mystify the technology involved and give you the information you need to ...

Eugene Kaspersky is working with his engineers at Russian security firm Kaspersky Lab to create a secure-by-design OS for ICS. In an interview Kaspersky said ” It’s true no one else ever tried to make a secure operating system. This may sound weird because of the many efforts Microsoft, Apple and the open source community have made to make their platforms as secure as possible. With all respect, we should admit they were developing a universal solution for a wide range of application and various kinds of users. And security and usability is always a matter of compromise! With a universal OS a developer inevitably sacrifices security for usability ." Companies that maintain ICS are forced to try to patch them on the fly in the event of a malware attack, a process usually easier said than done. Instead, Kaspersky suggests that the solution lies in a secure operating system, one in which ICS can be installed. Such an OS could help ensure that industrial systems stay healthy ...