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New research finds firms acknowledge business benefits but fear securitybreaches. Even though a vulnerability in the OpenSSL library used to generate key pairs on Debian-based Linux distributions has been fixed, IT administrators will be hard-pressed to ensure each key is unbreakable, a security researcher said this week. 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. Remote code flaw being exploited. Normally, phishers have a short window of opportunity in which to conduct their attacks before service providers take the rogue sites offline. Now, they have found a new way to lengthen their assaults. Preventing data breaches is the highest priority for today’s IT security professionals, two new surveys have concluded. Researchers find way to foil disk encryption. Major internet disruptions occurring this week across the Middle East and parts of Asia and Africa after two undersea cables were sliced should prompt global businesses of all sizes to review their business continuity and disaster recovery strategies, experts have warned. Almost every day there is news of a company's security breach and, increasingly, many of these incidents are originating from an employee or other internal source. How misconceptions about data encryption are preventing A/NZ companies from effectively protecting data exchanged with employees, partners and suppliers.

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. Experts convened at BlackHat on Wednesday reported that the spyware threat continues to increase and it will remain unbeatable while jurisdictional issues between government enforcement bodies persist. Microsoft announced on Sunday that it will release an out-of-band patch to fix a vulnerability in Windows Animated Cursor Handling (ANI) that some security experts are calling one of the most significant flaws in years. Once a rumour makes it into the Google top-ten searches, the damage can be difficult to undo. While it may not always be politic to point out, the genius of markets lies in their ability to generate value in the aftermath of even the most horrific tragedies. In the wake of 9/11, for example, the security sector became - almost overnight - a productive and patriotic destination for venture and other forms of capital. Even while the sector's "15 minutes" appear to be ticking toward a close, relatively constant market dynamics within the security space ensure that opportunities will continue to abound for those who know where to look for them. Phishing and identity theft is becoming more sophisticated and more successful, despite high-profile legal triumphs. David Quainton looks at how the phishers have advanced, and what we need to do to match them Companies need to change their attitudes to outsourcing, says Neil Lloyd. The way to get the executive team to pay attention is to provide a quality ROI on any new initiative. If the boards of directors can’t understand the needs of various departments then the only way to their pocketbook is to present them with a bottom line return on their investment. If there is a dispute over an email sent last year, will you be able to locate it? Better make sure it’s stored away safely. Ron Condon reports Spam is more than a simple time and bandwidth drain. It is a problem that many organizations are having a tough time eradicating.