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A government laptop used by Secretary of Commerce Carlos Gutierrez may have been breached during a visit to Bejing last December. Security experts are warning of socially engineered threats targeting users this holiday season. 'Internetpol' needed or internet businesses may fail. Protecting users from internet-borne threats falls on trusted websites, says Overstock's Sam Peterson. Dan Kaplan reports. A new identity theft bill is set to become US federal law, adding stiffer penalties and stricter definitions for identity and information theft crimes. The recent rash of high profile security breaches, data loss incidents and associated fraud highlights the fact that the security industry is failing to meet the threats. 24 Romanians believed to be part of an organised cybercrime ring were arrested during the past week. Could firmware infections during the manufacturing process create backdoors in your network? A group of U.S. senators have introduced a bi-partisan bill aimed at stopping phishing, but some privacy advocates are worried that website registrants will have to forfeit too much personal information. The Victorian Government together with Westpac Bank, IBM Australia and the University of Ballarat have launched the Internet Commerce Security Laboratory (ICSL) a research alliance to tackle cyber-crime. As long as there has been credit granting there have been customers committing first party fraud. Cyber crime can only be reduced by educating consumers and co-ordinating efforts by all parties involved in internet commerce, say security experts.. Smart cards make perpetrating fraud considerably more difficult than "traditional" magstripe cards. In regions where offline processing is the dominant method for processing transactions this especially is true. As a result — and even though we have driven payment card fraud to an all-time low — our industry is now seriously exploring how smart card technology can become the primary driver in the evolution of payment card security. A recent survey of 100 IT managers and CIOs from the financial services, health care, retail, manufacturing and government business sectors shows that despite a torrent of bad press on data-security breaches involving FTP (file-transfer protocol), its use is prevalent and growing. SC Magazine has announced the finalists for the 2008 SC Awards. The awards presentation dinner will be held April 8, 2008, in San Francisco, Calif. 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. Based on his recent tour of Australian capital cities Peter Cullen, Microsoft’s chief privacy strategist, discusses the importance of privacy protection in Australia California Gov. Arnold Schwarzenegger, with strong urging from a lobbying alliance, has vetoed a stringent data protection bill that would have made merchants, not banks, responsible for reissuing credit cards and alerting customers following a breach.
Ethical hacking kits, which provide a variety of tools for penetration testing, password theft and guides to virus development, are being sold on eBay. The 'Italian Job' attack was the first large scale use of a Web-based attack, and it was duplicated only a few days later.