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A Malaysian hacker has been sentenced to two years in prison by US authorities for breaking into stock trading accounts A research posting to the Debian security list last week has led to the confirmation of a serious hole in two flavours of the Open Sauce Linux operating system.
A California high school student could spend nearly four decades in prison for hacking into his school's computer system.. A 24-year-old, who admitted to phishing AOL users during a four-year period, has received seven years in prison. A Chinese man has been sentenced to two years in jail after hacking a Red Cross web site launched for the victims of China's recent earthquake. A 20-year-old Tennessee man has been indicted on charges he accessed GOP vice presidential candidate Sarah Palin's Yahoo email account without permission. An Italian researcher has identified a flaw in Apple's QuickTime media application that can allow an attacker to perform a DoS attack or take control of an affected PC. The holiday blitz from the perpetrators of the Storm Worm, which began with fake Christmas messages last month, has continued unabated as a spate of false New Year's greetings have been delivered by the notorious botnet, researchers reported this week. TOP 5 CYBERATTACKS:

1. The Storm Worm
What began as an email-spawned trojan attack using fake news stories to lure victims became the most widespread cyber-assault in recent memory. Still replicating, and exploiting a number of patched vulnerabilities, the botnet-fueled, socially engineered attack may make next year's list as well. Two students have been charged with hacking into the California State University database and changing their grades.. A ‘Nigerian letter’ scam has won this year’s annual ASIC ‘Pie in the Sky’ award for the most outrageous offer that was too good to be true. As we put the festivities behind us and fix our sights firmly on the year ahead, those criminal gangs involved in the nefarious activities of spam creation, phishing and virus attacks continue to engage new tactics that will take advantage of our relaxed, less cautious frame of mind. 2008 will usher in more security issues whose challenges can only be met by an array of security solutions. Now is the time to start thinking about your 2008 New Year's security resolutions. A North Carolina man was sentenced to more than a century in prison after he seeded teens' computers with trojans and then demanded the victims provide him with nude photographs of themselves. A California man is facing a maximum of 60 years in prison and a US$1.75 million fine after agreeing to plead guilty to using botnets to steal PC users' personal and financial information. The infamous ‘storm worm' virus attack began another run last week, this one called the largest in two years by messaging security vendor Postini. An American who helped a New Zealand hacker has been sentenced to 90 days in prison and five years of probation. The Southern California man who was the first person convicted under the US CAN-SPAM Act of 2003 for operating a sophisticated "phishing scheme" has been sentenced to nearly six years in federal prison. The largest merchants operating overseas will have less than two years to secure credit card transactions, Visa announced on Monday. Newly organised methods of online criminal activity are threatening to democratise fraud and undermine banks and online traders, according to security experts at this year’s RSA Conference Europe.