McAfee suspects fingered for $3.8m fraud

Billing for ’services not rendered’ Police have arrested a former marketing exec at anti-virus firm McAfee on suspicion of scammming millions of dollars out of the security software firm.… Read more…

 

Symantec plans layoffs as sales fall short

Ill wind blows forecasts off course Symantec has announced plans to cut its wage bill by 4.5 per cent in a move likely to means hundreds of people will lose their jobs with the security and storage software firm.… Read more…

 

Virtual Heist Nets 500,000+ Bank, Credit Accounts

A single cyber crime group has stolen more than a half million bank, credit and debit card accounts over the past two-and-a-half years using one of the most advanced strains of computer spyware in existence, according to research to be published today. The discovery is among the largest stolen data caches ever recovered. Researchers at [...]

 

ICANN De-Accredits EstDomains for CEO’s Fraud Convictions

The entity responsible for overseeing the Internet’s domain name system said Tuesday that it was revoking the right of registrar EstDomains.com to process new domain names, citing the company CEO’s recent conviction on cyber crime charges. The move by the Internet Corporation for Assigned Names and Numbers (ICANN), comes less than two months after Security [...]

 

Immature tech likely to get lucky in credit crunch

Security pros: ‘Uh oh’ The credit crunch is likely to produce changes in IT spending priorities that may create additional security risks.… Read more…

 
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