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Monday marks the unofficial start to the online holiday shopping season, and while experts are predicting record-breaking internet sales this year, security researchers are warning that criminals will be prowling cyberspace more than ever before. The website of one of India's leading financial services companies is back online after US researchers discovered it was downloading a wide range of malware to customer PCs. The search industry needs to develop better global privacy principles for the collection, use and protection of data, according to web giants Microsoft and Ask.com. The web is not as free as you might think. In some countries, posting critical views online can cost you your freedom. Two former police officers have been convicted of hacking into computers as part of a private investigation service they conducted for wealthy clients. The concept of malware morphing is not new. For years, malware authors and anti-virus researchers have documented and classified the methods used to obfuscate and hide malware code with each infection. Hackers have begun cashing in on the Virginia Tech university tragedy by spamming out malware-infected emails. Gary McKinnon, the man who allegedly broke into the US military and NASA computer systems, began his fight against extradition to the US yesterday. Attackers are exploiting a new zero-day vulnerability in Microsoft Excel, researchers said. TowerGroup research predicts an explosion of mobile malware during 2007. An IT security firm has warned computer users to be on their guard against so-called 'Letters from Nigeria' as rumours of Chelsea Clinton's new boyfriend and his convicted father have been published in the press. Adware maker Zango doesn't comply with the terms of a November settlement with the US Federal Trade Commission (FTC), security researchers claim.
SurfControl's CEO may be a relative newcomer to the infosec world, but she is already pursuing an aggressive growth policy for the security vendor, Paul Fisher reports. A new report released last week found that the majority of employees working for the Internal Revenue Service (IRS) abuse the agency's email service. Computer software giant CA announced late Monday that it will lay off 1,700 employees after the company reported a 64 percent fall in first-quarter net income. IT management software maker CA named a new chief financial officer on Friday – the fifth person to hold the position in the past three years. The U.S. Securities and Exchange Commission (SEC) is considering taking "civil enforcement action" against Eva Chen, CEO of Trend Micro, over alleged security trading violations involving her husband, the Tokyo-based anti-virus giant announced Wednesday. The mystery spam containing only numbers that began hitting inboxes this week has been identified as the payload of a new trojan, Symantec said in an advisory today. A new multi-million dollar “neighborhood watch” for the internet has been set up to help people spot malware before it is loaded onto their computer. Internet users are being bombarded with millions of emails purporting to be from the personal secretary of imprisoned Russian oil tycoon Mikhail Khodorkovsky.