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The anonymity and universal access of cyberspace makes cybercrime attractive and easy. Sensitive data at risk from Microsoft collaboration platform, according to
research. The amount of malware being punted around the internet is growing at an exponential rate, and traditional locally-based protection applications will soon buckle under the strain, web security firm F-Secure has warned. A recent update from antivirus firm AVG has caused havoc with some users by deleting a critical file in non-English versions of Windows XP after incorrectly detecting it as a virus. Shavlik Technologies has claimed that organisations that rely on patch management solutions limited to Microsoft-only applications will be hit by the Adobe vulnerability. Microsoft has reported 'strong deployments' of the MS08-067 Security Bulletin. Just a few hours after Barack Obama was elected as the 44th President of the US, malicious emails are being sent offering a video with his advisors. Adobe has pushed out a new version of Flash Player 9 to shore up six vulnerabilities. As Americans go to the polls to elect their 44th President, the security industry is facing a possible end to spam linked to the candidates. Halloween provided extra scares as some sites were compromised with malware. Microsoft has claimed in its fifth Security Intelligence Report that Windows Vista is giving hackers a much harder time. The Australian Taxation Office lost an unencrypted CD containing thousands of personal details – and waited three weeks to inform those affected of the loss. Companies are struggling to come to grips with the basics of vulnerability management, says Chris Schwartzbauer, vice president of development and customer operations at Shavlik Technologies. Secerno has warned banks to take tighter control over customer data. Identity theft has become a multi-billion dollar issue that continues to accelerate, and protecting against it has become a multi-million dollar business, says Deloitte's Mark Steinhoff. Public and private proof-of-concept code has emerged for the gaping Windows hole plugged by Microsoft on Thursday in an emergency update. Chinese internet users have criticised what they deem to be Microsoft's violation of their right to privacy. Routers from major vendors have been identified as susceptible to a vulnerability known as SNMP injection. McAfee has announced its 'Initiative to Fight Cybercrime' which is calling for action to deliver more effective investigations and prosecutions of cybercrime. Symantec has found that nearly 80 percent of businesses surveyed in Australia have had some form of data breach.