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Store warning over PayPoint con trick

A ‘CLEVER’ credit card scam sweeping the country has landed in Weston, costing one shopkeeper hundreds of pounds.

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Pair wanted over credit card fraud

THESE two men are wanted in connection with a credit card fraud. Police want to speak to them about a stolen card used to buy gift vouchers at Asda, Currys, Tesco, Argos and Marks and Spencer.

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ProtectMyID: Investment #scams have hurt 1 in 5 Americans over age 65 (~7.5 M #retirement age individuals) according to Investor Protection Trust.

ProtectMyID: Investment #scams have hurt 1 in 5 Americans over age 65 (~7.5 M #retirement age individuals) according to Investor Protection Trust.

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FBI says it is concerned over cyber terror

A former senior intelligence official has warned that a full-scale cyber-attack against the United States by a terrorist organization is "a certitude." read more

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Town staffer plans suit over ‘spy’ camera in office

WHEATFIELD—Tracy Gurnett, a Recreation Department staffer who has already sued the Town of Wheatfield once, has filed another notice of claim accusing town officials of spying on her by installing a video camera in her office.

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Chinese hackers ‘had full control’ over Nasa lab that commands 23 spacecraft

Chinese hackers had 'full access' to the computer network in one of Nasa's key laboratories, the Jet Propulsion Laboratory, allowing them to steal information and even upload hacking software.

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Security experts debate over how to ensure secure software

Consumer desire for unnecessary features has encouraged the development of insecure and unreliable software products, said Tenable Network Security CSO Marcus Ranum, during a debate on Wednesday about software liability at the RSA security conference in San Francisco.

Ranum’s discussion partner, British Telecommunications’ chief technology security officer and renowned cryptographer Bruce Schneier, however argued that introducing liability for software vendors will give them an incentive to build software with security in mind.

Right now consumers support the cost of unreliable software, Schneier said, adding that software vendors won’t take security seriously until it’s cheaper to do it than not to do it.

Liabilities are everything, because they change the economic incentives, Schneier said. Vendors shouldn’t support all costs if something goes wrong because of their software, but they shouldn’t get away without paying anything either, he said.

Schneier used the automotive and financial sectors as examples of industries where introducing liabilities has led to security improvements.

Cars got safer after courts decided to hold automotive manufactures responsible for serious defects and banks have implemented credit card security systems after they started being forced to reimburse customers for credit card fraud loses, he said.

We can’t rely on the ability of consumers to reward the best vendor because pretty much all of them are bad and there aren’t many options, Schneier said.

Ranum agreed, but said that this is because consumers already chose the mediocre and killed the companies that actually produced reliable software in the process.

“The invisible hand of the market has done its work. Dancing pigs is all we want,” Ranum said, referring to the consumer’s desire for new features rather than reliability, which is expressed by them buying new product versions that are not really necessary.

The solution is not mandating liability for software vendors, because this will benefit big companies who can afford to hire good lawyers and get away with paying less, Ranum said.

Determining the damage costs that result from the use of unreliable software is also very difficult to do. “How do we value how much it cost to get hacked?” Ranum asked.

The answer to forcing vendors to take security seriously lies with manipulating the market, he said. We need to stop buying software that’s bad, keep using the one we already have and refuse to upgrade until the product is solid, Ranum said.

The issue of software liability is not new and it remains to be seen if governments will eventually step in with regulation or the market will react by refusing to buy bad products.

However, people on both sides of the barricade seems to agree that, for now, vendors have little, if any, incentive to invest in the development of secure software.

Article source: http://rss.feedsportal.com/c/270/f/3551/s/1d126d27/l/0Lnews0Btechworld0N0Csecurity0C33415850Csecurity0Eexperts0Edebate0Eover0Ehow0Eensure0Esecure0Esoftware0C0Dolo0Frss/story01.htm

View full post on National Cyber Security » Computer Hacking

Case of accused con man delayed by questions over lawyer

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A Westchester judge will decide if accused con man Vickram Bedi needs to find a new lawyer because his old lawyer is suing his current one in civil court.

County prosecutors said today that they plan to file papers seeking to disqualify attorney Anthony Giordano from Bedi’s criminal case, in which he and his business, Datalink Computer Systems, are charged with first-degree grand larceny.

Bedi, a Chappaqua resident, is alleged to have swindled multimillionaire musician and oil heir Roger Davidson out of at least $20 million over a six-year span. Prosecutors say Bedi and his then-girlfriend ran a scam to make Davidson believe that a computer virus put him and his family in grave danger but that they could offer him protection. Bedi was arrested in November 2010, and his ex-girlfriend, Helga Ingvarsdottir, already pleaded guilty to grand larceny.

Giordano, who took over Bedi’s case a few months ago, has accused Davidson of being mentally ill and suggested he paid Bedi to tell him made-up stories as part of a role-playing game. He said Davidson set Bedi up after losing millions in a hedge-fund deal that involved Bedi.

In court today, prosecutors Steven Vandervelden and Nicole Gamble discussed court papers filed by Giordano’s law partner, Bruce Stern, citing a potential conflict with Bedi’s case. Bedi is suing his former civil lawyer, David Browde, for malpractice, which prompted Browde to countersue, accusing Bedi and Giordano of fraud, collusion, breach of contract and abuse of process.

Giordano said Bedi wants him to stay on at his attorney, but county Judge Barbara Zambelli gave prosecutors two weeks to make a formal application to remove Giordano from the case.

The legal wrinkle means prosecutors do not have to turn over evidence in the case to Giordano for now because his future as Bedi’s lawyer is unclear.

“This is just a delaying tactic,” Giordano said. “Meanwhile, my client sits in jail.”

Bedi, who has pleaded not guilty, is being held on $5 million bail. He faces a maximum punishment of 25 years in state prison if convicted.

Article source: http://www.lohud.com/article/20120228/NEWS02/302280077

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Greek teen arrested over ministry cyber attack

Greek police said Monday they had arrested an 18-year-old suspected of hacking into the justice ministry's website earlier this month, an attack claimed on behalf of online hackers group Anonymous.

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NORIS computer system shut down over virus

It is a computer system that helps police officers get criminals off the streets. Friday, that system is down for the third day, affecting about 200 different agencies, including police departments, jails and courts all over northwest Ohio.

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