UK hacker sentenced for stealing 8 million IDs

A 23-year-old British hacker who swiped the identities of 8 million victims and shut down part of Nokia’s internal network for two weeks will spend the next 26 months behind bars. Edward Pearson, from York, in Northern England, used several covert cyberweapons, including the notorious bank-account-stealing Zeus Trojan, to steal…

read more

Hacker tries to steal $1.8 million

ARLINGTON, Texas, April 1 (UPI) — Officials say a hacker attempted to steal $1.8 million from the Arlington, Texas, city treasury, but was foiled by treasury staff who recovered the money. Investigators declined to release further details about the incident, which occurred in late February, saying the investigation is ongoing….

read more

Malware Crosses 75 Million Samples in 2011

 “The threat landscape continued to evolve in 2011, and we saw a significant shift in motivation for cyber attacks,” said Vincent Weafer, senior vice president of McAfee Labs. “Increasingly, we’ve seen that no organisation, platform or device is immune to the increasingly sophisticated and targeted threats. On a global basis,…

read more