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Social sites likely to be big targets for cyber criminals A bipartisan bill that would impose harsher restrictions on cyberattacks and permit identity theft victims to seek financial restitution in federal court is on its way to the U.S. House of Representatives after speedily passing through the Senate Thursday night in a unanimous vote. The looming November 11 Cyber Jihad attack against the West which surfaced in media reports last week is ‘more hype than reality’ according to the chief research officer at the SANS Technology Institute. Symantec has boosted the botnet protection of its Managed Security Service (MSS) for Australian customers after reporting a seven percent global increase in the use of the malicious technique in a recent threat report. Symantec has announced that it has integrated bot intelligence into its managed security service. The internet has come under a sustained and significant threat from network malware, especially since the emergence of the global Windows network worm in 2001 with Code Red and Nimda. Prior to this, most network worms were on a small, localised scale. Sdbot and Gaobot malware groups responsible for 80 percent of botnets. Spammers are finding new ways to bypass filters, but that doesn't mean you have to let them bombard your inbox. Rob Buckley reports Russian hackers are offering stolen credit card and bank account numbers, as well as the use of thousands of bot computers, for a low price. Spammers, hoping to score thousands of dollars after ditching the stock they've flimflammed targets into purchasing, are inundating email boxes with one of the largest pump-and-dump scams in history. In today's global economy powered by the internet, small- and medium-sized businesses (SMBs) with the right mix of technology are finding they can compete effectively with anyone, anywhere, at any time. McAfee highlights top 10 threats for 2007. McAfee's Avert Labs researchers said they were accurate in predicting a 2007 rise in password-stealing websites and public awareness of identity and data theft, but were off-base in foretelling a jump in mobile malware and adware. Image spam numbers hit lowest recorded levels in 10 months, according to security experts. Researchers are warning internet users to be on the lookout for website scams appearing on Google Pages. The US Department of Justice and the FBI have identified over one million compromised IP addresses as part of an ongoing cybercrime operation. New versions of old threats come back to haunt users. Extortion technique no longer profitable, say experts. A new internet relay chat (IRC) bot is building an even larger zombie family that could pose a significant threat to enterprise networks, security researchers said today. Criminals are using underground economy servers to sell stolen information, including credit and debit cards, PIN numbers and user account details, according to the latest report by Symantec.