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"Follow the money" might well be the marketing slogan for cybercriminals working the internet now, according to a new report on online financial fraud and identity theft. Researchers have spotted two active attacks and a new proof-of-concept (PoC) exploit that take advantage of a still unpatched vulnerability in Apple QuickTime. New surveys find that tech-savvy criminals are seeking new targets Phishing attacks that target high-value assets are increasing, according to researchers at Verisign's iDefense Labs. During the past year, waves of attacks have risen from three or four a month to as many as 10 per month. Experts reveal Kiwibank phishing campain directs to spoofed website in the US. WetStone's LiveDiscover is an interesting proposition. It is designed as a first step in locating target systems in large networks. Fraudsters are targeting European companies in "pump and dump" scams for the first time, according to security firm Sophos. The Russians are coming. Remotely exploitable vulnerabilities will be the most widespread global threat vector this year due to the lack of effective security, according to an expert at global security vendor, Secure Computing. Hackers compromise a United Nations’ Asia Pacific AIDS information site using an emerging malicious technique which scans for multiple vulnerabilities.
Security experts have warned of a virus being distributed via email claiming that the Australian Prime Minister has had a serious heart attack.





Attackers are exploiting a new zero-day vulnerability in Microsoft Excel, researchers said. TowerGroup research predicts an explosion of mobile malware during 2007. Spamming scammers claiming to be contract killers have hit unsuspecting email users with a new con trick, security experts warned this week. Around 500 viruses and malware that target mobile phones have been identified. Anti-virus vendor Sophos has warned of a new image-based spam campaign offering end-users a cut-price edition of Microsoft's Vista. Two anti-spyware watchdogs will file a complaint to US regulators today urging them to take action against a malicious software website posing as a music download store. A Russian hosting company with ties to the UK and the US has become the victim of a huge hack attack, a security firm warned today. Malicious users are targeting young instant messaging (IM) enthusiasts through bogus profiles that redirect them to adult websites, where adware is installed on their PCs. Thieves attempt to make unauthorised trades worth millions of dollars.