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A cyber-crime syndicate is believed to have defrauded the South African government of more than £12.8m in a series of spyware frauds. Fifty-six people have been arrested in connection with an undercover FBI operation that posed as an online forum for trading stolen credit card numbers. The FBI and Chinese authorities have broken up a crime syndicate that was peddling hundreds of millions of dollars of counterfeit software from Microsoft and Symantec. Computer users have been warned of a spam campaign that poses as an electronic postcard in an attempt to lure the unwary into downloading a web-based Trojan. The FBI used the DarkMarket.ws cybercriminal forum to create profiles of identity thieves looking to share tips and purchase stolen data. A New York court has sentenced a persistent spammer to 30 months in prison. A new initiative from Microsoft will take some of the sting out of its Patch Tuesday security updates by offering additional information about the patches five days prior to their release. A new initiative from Microsoft will take some of the sting out of its Patch Tuesday security updates by offering additional information about the patches five days prior to their release. Researchers have discovered a previously undocumented instant messaging (IM) worm that targets AOL’s AIM applications. The recently discovered worm is coded to exploit PC hosts infected with lockx.exe or palsp.exe. It uses IRC enabled malware to connect the host to a server for further infection through a series of commands. Within any sizeable network, the issues around maintaining known configurations from a security perspective can become problematic. Similarly, maintaining a compliant infrastructure, together with its attendant processes, can represent quite a challenge. Add to this the requirements for change control, access control and other factors, and one can readily appreciate that this challenge can become significant in terms of both resource and cost. City of London police are probing claims that call center workers in India were selling the confidential information of British bank customers. The allegations arose from a sting operation by an undercover reporter for the Sun newspaper. The problem with most security companies is they are very product driven - you name your security problem, and they can sell you a product to fix it. Whilst it's always tempting to think that you can fix a problem by buying something from a catalogue, the reality is often very different. Infosec arrives on corporate radar screens There’s been a lot of news on the patching front lately – and not all of it’s bad. Yes, Microsoft has released another list of critical vulnerabilities that leading security gurus say companies would do well to patch against immediately. And sure, some security experts and consumers are miffed at Internet Security Systems for reportedly being selfish with their patches