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A dark prophecy of our cybercrime future

A dark prophecy of our cybercrime future | Gentlemachines | Scoop.it
Attacks on medical implants. Cyber gang warfare. Mood scramblers and brain hacking. Our future sure sounds grim.
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The report presents an assessment of the coming years in tech and cybercrime.

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MI5 and industry join forces to fight cybercrime - The Guardian

MI5 and industry join forces to fight cybercrime - The Guardian | Gentlemachines | Scoop.it
The Guardian
MI5 and industry join forces to fight cybercrime
The Guardian
Cyber-security experts from industry are to operate alongside the intelligence agencies for the first time in an attempt to combat the growing online threat to British firms.
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Qatari Gas Company Hit With Virus in Wave of Attacks on Energy Companies | Threat Level | Wired.com

Qatari Gas Company Hit With Virus in Wave of Attacks on Energy Companies | Threat Level | Wired.com | Gentlemachines | Scoop.it
The Qatari natural gas company commonly known as RasGas has been hit with a virus that shut down its office computers, according to news reports.
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US National Security Agency boss asks hackers to make internet more secure

US National Security Agency boss asks hackers to make internet more secure | Gentlemachines | Scoop.it
General Keith Alexander stresses common ground between US officials and hackers at Def Con gathering in Las Vegas...
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Google to warn users of 'state-sponsored' hacking

Google to warn users of 'state-sponsored' hacking | Gentlemachines | Scoop.it
Search giant says it will alert Gmail users about targeted attacks, in move that could aid human rights campaigners.
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Cyber theft: A hard war to wage - FT.com

Washington is angry. Really angry. It is just not sure what to do about it.
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"Washington is angry. Really angry. It is just not sure what to do about it. US officials have accused Chinese hackers of stealing corporate trade secrets since the mid-2000s but during the past few months the outrage has reached a political tipping point. cyber security has been thrust to the top of the agenda in US-China relations.

The Obama administration, members of Congress and the think-tanks that advise them have cast around for ways to punish hackers from China and elsewhere. Washington is considering a series of unilateral trade and other sanctions against Chinese entities and individuals."

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Cosmo, the Hacker 'God' Who Fell to Earth | Gadget Lab | Wired.com

Cosmo, the Hacker 'God' Who Fell to Earth | Gadget Lab | Wired.com | Gentlemachines | Scoop.it

"With his group, UGNazi (short for “underground nazi” and pronounced “you-gee” not “uhg”), Cosmo took part in some of the most notorious hacks of the year. Throughout the winter and spring, they DDoS’ed all manner of government and financial sites, including NASDAQ, ca.gov, and CIA.gov, which they took down for a matter of hours in April. They bypassed Google two step, hijacked 4chan’s DNS and redirected it to their own Twitter feed, and repeatedly posted Mayor Michael Bloomberg’s address and Social Security number online. After breaking into one billing agency using social-engineering techniques this past May, they proceeded to dump some 500,000 credit card numbers online. Cosmo was the social engineer for the crew, a specialist in talking his way past security barriers. His arsenal of tricks held clever-yet-idiot-proof ways of getting into accounts on Amazon, Apple, AOL, PayPal, Best Buy, Buy.com, Live.com (think: Hotmail, Outlook, Xbox) and more. He can hijack phone numbers from AT&T, Sprint, T-Mobile and your local telco."

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State-sponsored cyber espionage projects now prevalent, say experts

Former military officer says every Middle Eastern country now has Stuxnet-like malware.
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Does Cybercrime Really Cost $1 Trillion?

Does Cybercrime Really Cost $1 Trillion? | Gentlemachines | Scoop.it

"Security software companies Symantec and McAfee are touting inflated cybercrime numbers—no doubt good for business.

There is little doubt that a lot of cybercrime, cyberespionage and even acts of cyberwar are occurring, but the exact scale is unclear and the financial costs are difficult to calculate because solid data is hard to get. Relying on inaccurate or unverifiable estimates is perilous, experts say, because it can tilt the country's spending priorities and its relations with foreign nations. The costs could be worse than the most dire estimates — but they could be less, too."

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Massive cyber-attack discovered

Massive cyber-attack discovered | Gentlemachines | Scoop.it
Russian security firm Kaspersky Labs told the BBC they believed the malware, known as Flame, had been operating since August 2010.
The company said it believed the attack was state-sponsored, but could not be sure of its exact origins.
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