Category Archives: Security Threats

Global Security Technology Market Seen Booming

Gartner analysts this week forecast that the worldwide security technology and services market would grow 8.7 percent this year to $67.2 billion as cyber threats become increasingly sophisticated and dangerous. The analysts, attending a Gartner summit on security and risk management at National Harbour, MD, said the market could grow to more than $86 billion in 2016.

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Microsoft, FBI Claim Success Against Citadel Botnets

Microsoft and the FBI have carried out a major operation against cybercriminals using Citadel malware, saying they disrupted more than 1,000 botnets responsible for about $500 million in financial fraud globally. In separate releases issued on Wednesday (June 5), the software giant and the FBI said they had worked with leaders of the financial services industry in acting against “a … Read more

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McAfee Report Cites Citadel Threat

Cyberspace grew both more dangerous and irritating in the first quarter of the year, according to McAfee Labs’ threat report for the period. In a report issued this week, the tech security company sounded a special warning about the Citadel Trojan, which has been updated to extract personal information from victims.

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Apple Users Warned of Charger Security Threat

If you thought your iPhone or iPad was relatively safe from being hacked, think again – researchers at Georgia Institute of Technology say they have found a way to infect them with malware using a simple-to-make USB charger. The researchers – Billy Lau, Yeongjin Jang and Chengyu Song – are due to discuss their “alarming” findings  at the Black Hat conference … Read more

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How Secure Are We At Home?

More and more Americans are installing home automation systems which, among other things, control physical access and security. If the list of topics at next month’s Black Hat conference is anything to go by, we should be getting nervous. Very nervous. At least three presentations at the security conference in Las Vegas will deal with the issue of home automation and … Read more

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Global Security Software Revenue Up 7.9 Percent in 2012

New cyber threats helped to boost global revenue from security software to $19.13 billion last year, a 7.9 percent increase from 2011 revenue of $17.73 billion, according to the IT research company Gartner, Inc. In a release issued this week, Gartner research director Ruggero Contu said the security market experienced increased demand for consumer and enterprise security tools.

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Hagel Accuses China of Cyber Attacks

Defense Secretary Chuck Hagel publicly accused the Chinese government and military at the weekend of carrying out cyber attacks and expressed Washington’s determination to work “vigorously” to keep cyberspace safe. The accusation was made in an address on Saturday to the Shangri-La security conference in Singapore, which was attended by government and military representatives from Beijing.

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Music, Light Used to Trigger Malware on Mobiles

Researchers at the University of Alabama at Birmingham say they have developed and tested malware that can be triggered on a smartphone using light, sound, magnetic fields or vibration – posing a critical new cyber-security threat.

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Is your company vulnerable to a DNS amplification attack? Maybe, but it’s in the hands of your Internet connectivity provider

In the past few weeks, we’ve been hearing more about a type of DDoS attack called a DNS amplification attack. In sending out a general alert about this type of attack, the U.S. Computer Emergency Readiness Team (US-CERT) defined the problem as follows:

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Small Is Beautiful for Cyber Criminals

Hackers are increasingly targeting small companies for cyber-attack and the amount of malware directed at mobile operating systems is rapidly escalating, according to Symantec’s Internet Security Threat Report for 2012. The report, issued last month, said half of all targeted attacks last year were aimed at businesses with fewer than 2,500 employees. The largest growth area for targeted attacks was … Read more

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