The UK Police Central e-Crime Unit (PCeU) has arrested three people in connection to using ransomware, which security experts say poses a threat to businesses as well as consumers. Ransomware is malicious software that is inadvertently ...
Tags: Ransomware, software, computer, blackmailers
Four UK youths acting in the name of activist hacking collective Anonymous cost PayPal £3.5m as a result of cyber attacks carried out 2010 and 2011, a court has heard. The distributed-denial-of-service (DDoS) attacks were carried ...
Tags: distributed-denial-of-service, cyber attacks, DDoS attacks
New Mac owners took their frustration with Apple onto Twitter today as they groused that they have not received redemption codes for the free copy of OS X Mountain Lion they were promised. "36 hours later still no redemption code for ...
Tags: New Mac, Apple, Twitter, OS X Mountain Lion, upgrade codes
A Russian man has been arrested in Cyprus on charges that he launched denial-of-service attacks on Amazon.com and eBay in 2008, the U.S. Department of Justice announced. Dmitry Olegovich Zubakha, 25, of Moscow, was arrested Wednesday, the ...
Tags: Russian man, Cyprus, attacks, Amazon.com, eBay
The operator of a mutual fund has pleaded guilty in U.S. court to charges that he operated a $13 million scheme to sell shares of Facebook and Groupon stock before their initial public offerings. John Mattera, who served as chairman of ...
Tags: mutual fund, operator, U.S.court, Facebook, Groupon stock
AU Optronics was fined $500 million by a court in San Francisco on Thursday, and two of its former executives were fine and sentenced to three-year prison terms in connection with an LCD price-fixing conspiracy, the Department of Justice ...
Tags: AU Optronics, LCD price fixing, fine
A former executive at Taiwanese LCD marker AU Optronics has been convicted of participating in a worldwide conspiracy to fix the prices of LCD panels,the U.S.Department of Justice said. Shiu Lung Leung,AU Optronics'former senior manager ...
Tags: AU Optronics, LCD panels, fix prices, Shiu Lung Leung
Microsoft has published evidence of an extraordinary conspiracy in which potent botnet malware was apparently installed and hidden on PCs during their manufacture in China. In ‘Operation B70′ started in August 2011, Microsoft ...
Tags: Microsoft, PC, Malware, backdoor malware
Different hacker groups claim to have breached servers belonging to ImageShack, Symantec, PayPal and other organisations. On Sunday, a hacker group called HTP claimed to have compromised Web servers, MySQL databases, routers and ...
Tags: cyber criminals, cyber security, cybercrime, hack, hackers, highlightedpost
By John Lee. A British contractor has agreed to plead guilty to wire fraud conspiracy in a deal to supply vehicles to Iraqi police, according to Associated Press. APTx was to receive $5.7 million as a subcontractor in an August 2004 ...
Tags: fraud, Iraqi police, vehicle, deal
General Re's former chief executive Ronald Ferguson and four other executives have struck a deal with the US government to prevent a second criminal trial over allegations of creating fake reinsurance transactions to strengthen American ...
Tags: General Re, criminal trial, fake reinsurance, insurance
Editor's note: The following piece was written by Tom Demerly, writer and photographer for Felt Bicycles, for his blog. It has been edited for length. Poorly administered sponsorships are like showing too much cleavage at a dinner party. ...
Tags: Felt Bicycles, administered sponsorships, Low-level sponsorship
DNA reported that the Central Bureau of Investigation special court has issued summons to former chief minister Mr BS Yeddyurappa and 12 others for allegedly favoring mining companies and accepting kickbacks. In its charge sheet filed in ...
Tags: Central Bureau of Investigation, iron ore mining mess, iron, Indian news
A student is standing trial accused of aiding hacking collective Anonymous with an attack against online payment company PayPal which,it is claimed,cost the online payment service£3.5m. The jury at Southwark Crown Court was told how ...
Tags: aiding hacking, online payment company, PayPal, internet piracy
A man who exposed a major privacy weakness that divulged email addresses of iPad users on AT&T's network plans to appeal his conviction on two felony charges. Andrew Auernheimer,also known as"weev,"used an automated scripting tool called ...
Tags: iPad, hacker, AT&T's network plans, Andrew Auernheimer