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A 20-year-old man who seized control of hundreds of thousands of zombie computers, using them to display cash-generating adverts and renting them out to hackers to send spam campaigns and launch denial of service (DoS) attacks has pleaded guilty to several counts of conspiracy in a California court. A new trojan, which claims to be from a Yale University professor disturbed by New Year’s vandalism, is exploiting the recently exposed Microsoft Windows metafile vulnerability. Cybercriminals will become yet more sophisticated in 2006, discovering new vulnerabilities in instant messaging systems and mobile security, one firm noted in a year-end study. MSN instant messenger users are being warned of a new virus posing as an unreleased beta. Sony-BMG Entertainment has been under fire from a blogger-fueled media storm after the discovery of spyware-like technology in its CDs. Windows security expert Mark Russinovich first revealed the existence of a rootkit device on 20 of Sony’s musical selections in late October, and within days trojan writers were taking advantage of the cloaking technology to gain access to PCs. A handful of internet weblogs called for boycotts of Sony products less than a month before the holiday shopping season was about to begin, and on Nov. 13 Sony released a statement saying it would withdraw the application from its CD-Roms. Business PC users were concerned the cloaking technology could lead to the compromise of sensitive corporate information, voicing their concerns in a November Sophos poll that showed 98 percent of enterprise users felt the digital rights management technology was a threat. Cybercriminals have launched at least nine highly orchestrated and sophisticated phishing attacks against smaller U.S. banks during the last three months, a security company warned today. More than eight out of ten British businesses think hackers should get longer sentences, according to a new poll. Television news anchors became the news in August when they had to apologize on-air for computer problems affecting their broadcast. The world watched as ABC and CNN were struck by the Zotob worm. The FBI has arrested a 20-year-old man after he created a botnet of more than 400,000 infected machines, installing adware on them and making $60,000. As a side business the man was also alleged to have sold access to the botnet to spammers. Hackers have created a worm that exploits Microsoft vulnerabilities, including one that was only announced last week. The U.S. Department of Justice announced today that it charged a Florida man today in federal court for establishing a botnet from which he launched a denial of service attack on a Massachusetts technology firm. It’s an axiom of software development that every program will contain between five and 50 bugs per 1,000 lines of code. And five is reckoned to be only the most optimistic result; the reality is much closer to 50. Trend Micro's U.S. subsidiary has acquired Kelkea, a supplier of IP filtering and reputation services. Networks of compromised PCs or botnets are fast becoming the weapon of choice for organized gangs to launch phishing attacks, according to a new report. Junk email clogging up your inbox used to be annoying, but as René Millman reports, it’s moved beyond that and become a lot more sinister Botnets, networks of compromised computers that can be remotely controlled by attackers, are used for many types of attacks, including identity theft, according to a recent report by the researchers at Honeynet Project.

So the browser wars are over and Internet Explorer won?

Police in the Netherlands have arrested three hackers suspected of stealing bank account and credit card information after creating a botnet of more than 100,000 compromised computers worldwide. Botnets are the next big danger to hit the internet according to police. Criminal gangs are moving into the field in order to use the networks to extort money from online companies.