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Criminal gangs are placing staff members in companies to operate as moles. Damon Patrick Toey has become the first person to be brought to justice in the hacking of TJX, which is one of the biggest cases of its kind. Internet users still make irresponsible online purchasing decisions despite ongoing warnings about the dangers of responding to unsolicited emails, a new survey has found. A good storage solution, backed up with the right policies, can help keep you out of the headlines and achieve compliance. By Mark Mayne A 24-year-old, who admitted to phishing AOL users during a four-year period, has received seven years in prison. Organisations that hold personal data should be made liable for fraudulent transactions, say BT security experts. Another phishing email claiming to be from the Australian Tax Office (ATO) is circulating through inboxes under the guise of offering a tax refund. Discount retailer TJX, parent of T.J. Maxx and Marshalls, has agreed to a US$24 million settlement with MasterCard over a security breach that left tens of millions of credit card accounts at risk to identity theft. Researchers at the University of Cambridge have warned that chip and Pin machines are not as secure as the banking industry claims. Australian based authentication solutions vendor, Emue Technologies has launched a 12-button keypad to enable secure remote banking and enhanced point-of-sale security at the card manufacturing trade show Cartes & Identification in Paris.
An Arizona man who obtained stolen credit card numbers from overseas hackers and then used the data to withdraw money from cash machines has been sentenced to 84 months in prison. While it is unlikely we will ever abolish cybercrime, I do believe that we can make the internet a safer place. Rational AppScan Developer Edition designed to secure apps and ensure
compliance. Security experts are warning users to be on the lookout for a new rash of fake antivirus campaigns. An Australian company has launched a "virtual safety deposit vault" and security service aimed at protecting travellers from identity theft and fraud.
With new PCI DSS mandates going into effect, web application security will get even hotter. The annual Global Security Week awareness-raising initiative kicked off this week promising to coordinate, encourage and publicise a variety of security-related activities and events across the globe. Pop-diva Madonna is the highlight of a new round of malicious spam messages, security vendor Sophos has warned.
Failing to protect corporate data opens the corporate purse with no guarantee that it will ever be closed again. US engineers have developed software that can be used with Windows and Linux systems to perform log-ins, digital signing and verification.