A publicity-seeking hacker group that has blazed a path of destruction on the Internet over the last two months says it is dissolving itself. Lulz Security made its announcement Saturday through its Twitter account. In an unusual strategy for a hacker group, LulzSec has used the account as a publicity platform while remaining anonymous....
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A Kerala-based IT firm, MobME Wireless, announced an online contest called CodeJAM to find the smartest computer hackers from the state’s colleges, an official said. The company, incubated at Technopark here, said the contest was a unique way to reward the best programmers and was open to all regardless of their degree or educational...
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Bank of America incurred a loss of at least $10 million (£6 million) as one of the insider sold customer data to outsiders. Though the customers are being notified of the incident, but the bank is reluctant to provide many details of the case. The case is under investigation and the bank says that...
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According to the Microsoft Security Intelligence Report, volume 10, there is a steady increase in social engineering attacks in 2010. The data was pulled from Microsoft’s customer base as well as partners and Internet Service providers. Most of the attempts or attacks are made to churn out the name and password of social networking...
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The Indian government said Tuesday that new rules allowing it to access personal information available with Internet companies have inherent checks and balances against misuse. The rules under section 43A of the Information Technology Act were enacted last month and reflect the government’s perception that security threats to the country can be countered by...
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A research carried out by the Katholieke Universiteit Leuven in Belgium and France’s Institute Eurecom reveals that the private files stored on cloud sites are extremely vulnerable to attakers. After examining 100 file hosting services, the researchers concluded that the unique URIs(Uniform Resource Identifiers) were too predictable and easy to crack. The service providers...
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With the exponential rise in internet usage online transactions are also increasing; and so is the number of online frauds increasing. Thus the companies not only have to prevent online frauds, but also they have to protect the customer privacy. According to ThreatMetrix, California based provider of cloud-based fraud prevention solutions, there has been...
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