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The US State Department and the Federal Bureau of Investigation are willing to pay a total $4.2 Million for information leading to the arrest and/or conviction of top 5 most wanted cyber criminals accused of conducting frauds of hundreds of millions of dollars. Evgeniy Bogachev,30; Nicolae Popescu, 34; Alexsey Belan, 28; Peteris Sahurovs, 26; and Shailesh Kumar Jain, 45; are in the list of FBI's Top 5 most-wanted hackers. 1. Evgeniy Mikhailovich Bogachev | Reward - $3 MILLION Evgeniy Mikhailovich Bogachev , also known under the aliases "lucky12345," "Slavik," and "Pollingsoon," is the mastermind behind the GameOver Zeus botnet , which was allegedly used by criminals to infect more than 1 Million computers, resulting in up to $100 Million in losses since 2009. Besides GameOver Zeus botnet, Bogachev is also accused of developing CryptoLocker Ransomware , which was designed to extort money from computer victims by holding their system

Cisco, a networking giant that offers traditional network edge protection, has announced that the company is buying cloud-based security company OpenDNS for $635 Million . Yes, OpenDNS , whose Domain Name Services (DNS) you might have used to avoid regional restrictions or to improve your Internet connection. However, Cisco is not making the acquisition of OpenDNS for any of the above reasons. Instead, the networking giant says it will boost its own cloud security, adding "broad visibility and threat intelligence from the OpenDNS cloud-delivered platform." The aim is to offer you the protection against cyber attacks on your corporate network from any device, anywhere, anytime, and to predict threats before they strike. Hilton Romanski , who leads business development at Cisco, wrote in his blog post : "The acquisition will extend our ability to provide customers enhanced visibility and threat protection for unmonitored and potentially unsecure entry

Over the past two years, a shocking  51% of organizations surveyed in a leading industry report have been compromised by a cyberattack.  Yes, over half.  And this, in a world where enterprises deploy  an average of 53 different security solutions  to safeguard their digital domain.  Alarming? Absolutely. A recent survey of CISOs and CIOs, commissioned by Pentera and conducted by Global Surveyz Research, offers a quantifiable glimpse into this evolving battlefield, revealing a stark contrast between the growing risks and the tightening budget constraints under which cybersecurity professionals operate. With this report, Pentera has once again taken a magnifying glass to the state of pentesting to release its annual report about today's pentesting practices. Engaging with 450 security executives from North America, LATAM, APAC, and EMEA—all in VP or C-level positions at organizations with over 1,000 employees—the report paints a current picture of modern security validation prac

There's a lot of speculations and fears regarding the fiber optic network that delivers the Internet to your home and offices — What will happen when the fiber optic cables max out? Well, there is nothing to fear about it. Your Internet is Safe! Scientists at the University of California, San Diego, have recently managed to break the "capacity limits" of fiber optic networks, opening the door for faster, longer and potentially cheaper future networks. Increased Optic Signal Power by 20 Times The scientists not only broke the supposed limits of fiber optic data transmission, but also completely smashed it, increasing the power of optic signals by almost 20 times the base level. "This advance has the potential to increase the data transmission rates for the fiber optical cables that serve as the backbone of the Internet, wireless, cable, and landline networks," the UC San Diego News Center writes . Managed to Send the information 7,400 Miles

The web gateway used to render materials for Federal Background Investigations for employees and contractors has been shut down for several weeks after a vulnerability was detected, the Office of Personnel Management announced. The agency announced the shut down citing the discovery of a vulnerability in its Electronic Questionnaires for Investigations Processing (E-QIP) system while conducting an internal review of the agency's security. As a result, OPM has temporarily suspended the E-QIP system for four to six weeks, and OPM Director Katherine Archuleta said the system would remain offline "until stronger security enhancements are implemented." In the Wake of Massive Breach Although the agency stressed that it had not detected any malicious activity or evidence of hackers actually exploiting the flaw. The internal review of the agency's information technology systems was ordered by Archuleta in the wake of massive cyber attacks on the OPM&

Hackers are increasingly exploiting an unknown flaw to siphon payment card information from e-commerce websites that use Magento , the most popular e-commerce platform owned by eBay. Security researchers at Sucuri are still investigating the attack vector, but they believe that cyber criminals are injecting malicious code into the Magento core file or some widely used module/extension in order to steal payment card data. Back in April, a critical Remote Code Execution Flaw in Magento allowed hackers to fully compromise any online store powered by Magento and thereby gain access to credit card data and other financial, and personal information related to the customers. Credit Card Stealers? Now, Sucuri senior malware researcher Peter Gramantik have found an attack script that pilfers the content of every POST request and identifies valuable payment card data before storing it in an encrypted form that only the attacker can decrypt. Moreover, to evade detection,