Hacking is a growing problem worldwide and a grave threat to U.S. businesses, but too many IT teams are unprepared to recognize and prevent cyberattacks, writes Alex Moss of Coventus.
Cybercrime is costing organizations worldwide a whopping $400 billion in annual losses, though must cybercrime may actually go unreported.
The top news stories for May 27, 2014.
At least six different men are suspected of being involved in planting hardware keyloggers at a department store with the purpose of stealing credit card information from cash registers.
Symantec report details history of attacks, including 2012 Bit9 intrusion.
SQL injection attacks are still common occurrences, especially based on the recent indictments filed against five hackers who were allegedly involved in an international credit card scam. Those involved allegedly siphoned off as many as 160 million credit card numbers, resulting in a $300 million dollar loss over a seven-year period ending in 2012.
The US Emergency Alert System has a serious vulnerability that may allow it to be hijacked by a remote attacker. The problem revolves around systems used to receive and authenticate emergency alert messages, and pertains to specific Linux-powered application servers from Digital Alert Systems.
Hackers broke into Opera Software and made off with at least one digital certificate, which was then used to distribute malware. This was revealed in a new blog post on the company's Security @ Opera blog, which noted that the security breach was discovered on June 19.
Talk about an insider threat: An NYPD detective was arrested on charges of ordering hacks into dozens of email accounts of fellow detectives and other individuals, reports Mathew J. Schwartz at InformationWeek.
Hackers broke into the Twitter account of the Associated Press news service this week, posting a fake message that triggered a stock-market reaction that saw $200 billion briefly erased from United States markets.