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Malware writers behind the Storm worm have launched a new spam campaign designed to bring more users into its extensive botnet.. The public sector's ability to manage data has once again been called into question. A large number of Twitter users have been temporarily locked out of their accounts as a phishing scam continues to attack the social messaging site. Heisenberg fan boys are shaking their heads this week to the tune of a pair of Swedish mathematicians who claim to have broken quantum cryptography. 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. A Taiwanese criminal gang continues to launch attacks as Microsoft Word becomes the most common exploit vector, latest figures by MessageLabs show. User names and passwords aren't secure, and momentum continues to build across the industry to solve this problem in a manageable way. Despite a sluggish US economy, online shopping continues to show impressive revenue gains. Recent Forrester Research data suggests that online shopping will grow 17 percent in 2008, a far cry from what is happening in the brick-and-mortar world. The bitter reality of tough times can be made more sour by bad relations with the employees who can do real damage. Spammed links leading to Koobface are likely to come from infected friends. Following the termination of domain registrar EstDomains' accreditation, ICANN announced it will transfer 281,000 domains to an approved provider. Symantec warned this weekend of a new worm taking advantage of a Microsoft bug, prompting the security company to raise its ThreatCon level. As the malware threat landscape continues to evolve, hackers are constantly changing techniques to counteract detection technologies vendors develop. A pharmacy benefits management firm is offering a US$1 million reward for information leading to the conviction of its extortionists. Spammers have launched their 2008 holiday season spam campaigns using email to tout pharmaceutical products and casino spam with a Christmas angle.
Shavlik Technologies has claimed that organisations that rely on patch management solutions limited to Microsoft-only applications will be hit by the Adobe vulnerability. The Blue Coat Systems CEO gazed into the dotcom abyss and survived. He thinks he has the measure of the downturn. Paul Fisher reports Malware-laden messages on the increase. While it is unlikely we will ever abolish cybercrime, I do believe that we can make the internet a safer place. Data security solution provider, Sophos, intends to make a cash offer for shares in Utimaco Safeware to strengthen its leadership in the IT market.