After a 10 month chase by Russian Police authorities, a 22 year old hacker  who goes by the nicknames of Hermes or Arashi was caught and charged with having created and milked “the largest publicly known botnet to date”, according to a report by h-online.com According to the Russian Interior Ministry, the attacker relied on variants of Carberp and other banking Trojans to steal banking credentials from appr...

Facebook announced plans to further support app developers’ revenue growth by introducing a subscription payment system for all Facebook.com and mobile web apps. According to a blog post on the Facebook Developers page, this feature will be available as of July this year and is designed for developers to “establish a recurring revenue stream and offer updated content or premium experiences for a monthly fee...

Fresh news spread on Twitter of “over 79 large banks” breached by newly risen hacker Reckz0r, together with a Pastebin dump created by the same author to prove his deed, is building concern over cyber crooks. “Today's target is VISA & Mastercard, I will be only leaking a portion of the credit card information, as I cannot leak the entire data, it's too large, and this is the certain proof that i've hack...

Following a series of allegations of privacy infringement, apps running iOS 6 must require explicit user permission to access calendars, reminders, contacts and photos. In February 2012, Arun Thampi, a Ruby/iOS Developer in Singapore, made a discovery that sparked up a heated privacy-protection debate. Thampi found out that Path, a popular app in the App Store, accessed his address book and sent its content...

Only a fraction of the estimated £640 million the UK government spends every year toward measures against cybercrime is channeled toward law enforcement, according to a cybercrime study commissioned by the UK’s Ministry of Defence and carried out by a team of Cambridge University scholars, in cooperation with German, Dutch and American scientists. A shift of focus from surveillance and preventative actions ...

Fraudulent authentication certificates may provide illegal access to the $400 billion U.S. power market and cause extensive damage, according to Jesse Hurley, co-chair of the North American Energy Standards Board (NAESB) Critical Infrastructure Committee, as quoted by cnet.com. The problem apparently lies with the security degree of the system based on which digital authentication signatures are created and...

League of Legends found some of its EU West and EU Nordic and East databases were illegally accessed with some player account information ending up in hackers’ hands, according to an official security warning posted by Marc Merill and by Brandon Beck, co-founders of Riot Games. According to the same post, password complexity appears to be a main cause of the incident. Although the company encrypts users’ pa...

The Indian government plans to strengthen its cyber protection measures and appoint specific agencies to be prepared to carry out cyber attacks on other countries, according to unofficial sources cited by The Times of India. The two government bodies in charge of potential cyber offensives are the Defence Intelligence Agency (DIA) and National Technical Research Organization (NTRO), while other agencies wou...

Shopping tip of the day: don’t take free shoe offers on Facebook at face value. One look at the page that asks for a Like & Share tribute will give you an idea of what it’s like to walk in Loubouscammers or Blahnitricksters. Putting our hippest foot forward, we get caught in a truly enlightening convers(e)ation  on manners. This is where we find out that it’s polite to wave and smile or just nod (but no...

Anonymous India calls for a non-violent protest against Internet censorship on June 9, 2012. Vehicles and “harmful items”, as well as “fire or burning at all” are banned. Guy Fawkes masks, banners and recording devices are welcome.  Prospective participants are advised to keep at least 50 meters away from police but hand over “anyone who causes violence” to the authorities. “Behind this mask is an idea and ...