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In a victory for privacy advocates, an Orlando, Fla.-based company has been ordered not to sell keylogger spyware. Report warns that losses could be the tip of the iceberg 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 web-hosting firm that apparently sent out more than 75 percent of worldwide spam has been knocked offline. Internet service providers (ISPs) are facing more security threats, while attacks are becoming larger and more sophisticated. 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. Secerno has warned banks to take tighter control over customer data. Software mashups will increasingly be used to develop commercial products, but securing the transactions will require new ways of identifying and managing the risks. Firms being forced to spend unnecessarily on perceived IT security risks, say
experts at RSA show. Public and private proof-of-concept code has emerged for the gaping Windows hole plugged by Microsoft on Thursday in an emergency update. F-Secure and Trend Micro forced to patch flaws in their own software. Embedded anti-malware scanner designed to curb data losses. The stakes were high when scores of researchers and investigators met Thursday for the twice-annual International Botnet Task Force meeting. Because of the potential for clickjacking exploits, all users of Flash Player are recommended to upgrade. A global security study discusses what has improved around information security over the past year and where there is room for improvement. Businesses not only need to be focused on their intranets but they also need to be vigilant to their outsourced data flow. Microsoft on Thursday announced plans to push out 11 fixes in next week's security update. The black-market price for stolen credit and debit card details has dropped to as little as US$1.50, according to a newspaper investigation. Using Flash Player and clickjacking techniques, webcams and microphones can be hijacked, prompting Adobe to issue a workaround as users await a fix. IT managers are facing a tough time ahead as the economic crisis leads to the consolidation of several major banks and their respective IT systems.