Security News Headlines - Yahoo! News

	Security News Headlines - Yahoo! News
	CA-BUSINESS Summary TSX rises as gold miners lone sore spot TORONTO (Reuters) - Canada's main stock index rose on Friday as robust economic data helped drive gains in energy stocks and financial shares, offsetting weakness in gold producers. The materials sector, a major component of the S&P/TSX composite which includes gold miners, was the lone sector to finish in the red of ten main sectors, as the price of gold fell for a seventh straight session. ... Read More » Saudi Arabia says hackers sabotage government websites RIYADH (Reuters) - Several government websites in Saudi Arabia were sabotaged in a series of heavy cyber attacks from abroad in recent days, disabling them briefly until the attacks were repelled, the government said. An investigation traced the "coordinated and simultaneous attacks" to hundreds of Internet protocol addresses in a number of countries, an unnamed source at the Saudi Interior Ministry told state news agency SPA. ... Read More » Today in business: 5 things you need to know Bill Gates reclaims "world's richest" title, hackers target Financial Times, and more Read More » LulzSec hackers sentenced for attacking Sony, News Corp and the CIA A U.K. judge has sentenced four members of hacking collective LulzSec, an offshoot of hacking group Anonymous, for their role in taking down various corporate and government websites between February and September 2011, ZDNet reported. Judge Deborah Taylor sentenced 26-year old Ryan Ackroyd, 20-year old Jake Davis, 18-year old Mustafa al-Bassam and 21-year old Ryan Cleary in a London courtroom on Thursday. Ackroyd received a prison sentence of up to 32 months, of which he will be required to serve at least half, while Davis was sentenced to two years in a young offenders institution, which he must remain at for at least a year. Bassam, who was a minor at the time of the hackings, received a suspended sentence Read More » UK court jails 4 Lulzsec hackers for cyberattacks LONDON (AP) — Four young computer hackers who masterminded cyberattacks on targets from the CIA to Sony Pictures and Rupert Murdoch's News International were sentenced to up to 32 months in prison on Thursday. Read More » China threatens own trade action if EU opens telecoms case By Ethan Bilby BRUSSELS (Reuters) - China threatened on Thursday to retaliate if the European Union formally opens an investigation into alleged anti-competitive behavior by Chinese mobile telecom equipment companies. European Trade Commissioner Karel De Gucht said on Wednesday he and fellow commissioners had agreed in principle to open an anti-dumping and anti-subsidy case against China, but would first seek to negotiate a solution with Chinese authorities. Although not mentioned in the statement, EU officials told Reuters the primary targets of the investigation would be world No. ... Read More » LulzSec hackers "at cutting edge" of cyber crime, court told By Estelle Shirbon LONDON (Reuters) - Four British hackers who took part in 2011 cyber-attacks on targets ranging from the CIA to Sony were audacious, arrogant men whose motivation was "anarchic self-amusement", a court heard on Wednesday. The men, who have pleaded guilty to a variety of offences, were members of the hacking collective LulzSec, which caused millions of dollars of damage to corporate and government computer networks during an online crime spree that they boasted about on Twitter. ... Read More » EU warns China it is ready to launch telecoms dispute By Ethan Bilby BRUSSELS (Reuters) - The European Commission has told China it is prepared to launch an investigation into anti-competitive behavior by producers of mobile telecoms equipment, opening a new front in a multi-billion-euro trade offensive against a critical partner. European Trade Commissioner Karel De Gucht said he and fellow commissioners had agreed in principle to open an anti-dumping and anti-subsidy case against China, but would first seek to negotiate a solution with Chinese authorities. "The clock is ticking. ... Read More » Experts: Smartphones another avenue for hackers MIAMI (AP) — Smartphones are increasingly popular not only with consumers, but also with thieves who see the devices as another way to tap into bank accounts and other sensitive information, experts say. Read More » Exclusive: EU threatens trade duties against China's Huawei, ZTE - sources By Ethan Bilby BRUSSELS (Reuters) - The European Commission plans to send a formal warning to China that it is ready to levy trade duties against telecoms equipment makers Huawei Technologies Co Ltd and ZTE Corp over what it says are illegal subsidies, people close to the matter said. EU trade chief Karel De Gucht is set to win support from the bloc's executive on Wednesday to send the warning letter and show China's new president, Xi Jinping, that Brussels is serious about countering what it says is state support. ... Read More » U.S. attorney general says he didn't make AP phone records decision By David Ingram and Tabassum Zakaria WASHINGTON (Reuters) - U.S. Attorney General Eric Holder said on Tuesday he did not make the controversial decision to secretly seize telephone records of the Associated Press but defended his department's actions in the investigation of what he called a "very, very serious leak." The decision to seek phone records of one of the world's largest news-gathering organizations was made by Deputy Attorney General Jim Cole, Holder said. ... Read More » Seventh New York defendant pleads not guilty in cyber heist By Jessica Dye NEW YORK (Reuters) - A seventh defendant pleaded not guilty on Tuesday to charges he participated in a global ATM heist that stole $45 million from two Middle East banks. Elvis Rodriguez, 24, was accused of being a member of a "casher" crew that withdrew hundreds of thousands of dollars in New York as part of the heist. Six other members of the New York crew pleaded not guilty last week. An eighth person, Alberto Lajud-Pena, 23, described by prosecutors as the leader of the crew, was murdered in the Dominican Republic on April 27, police there said. U.S. ... Read More » Is the 'Press Photo of the Year' Actually Photoshop Art? Swedish photographer Paul Hansen is fighting back against claims—from hackers calling his work a composite, bloggers calling it a "fake," and still others questioning the meaning of news photography in a digital age—that his winning image for the "World Press Photo of the Year" contest is nothing but a computer-aided forgery. Even the World Press judges are doing some forensic second-guessing. Read More » Exclusive: EU to warn China it may levy duties against Huawei - sources By Ethan Bilby BRUSSELS (Reuters) - The European Commission plans to send a formal warning to China that it is ready to levy sanctions against telecoms equipment makers Huawei and ZTE Corp over illegal subsidies, people close to the matter said. EU trade chief Karel De Gucht is set to win support from the bloc's executive on Wednesday to send the warning letter and show China's new president, Xi Jinping, that Brussels is serious about countering what it says is state support. ... Read More » BlackBerry and the fateful Q5 pricing question When BlackBerry really began its tailspin in the summer of 2011, the reason was clear. Handsets in the new Bold lineup were too expensive for emerging markets and the cheap Curve phones were suddenly slammed by cheap Android competition. BlackBerry has known for years that its real problem is pricing. It was the Latin American demand shift for low-end Android phones that broke the company's back two years ago. This is why it's so puzzling that BlackBerry had chosen to kick off its comeback with two very expensive devices, the Z10 and the Q10. This in turn means that the vendor's first budget device, the Q5, is absolutely crucial for BlackBerry's future. BlackBerry has refused to address the changing smartphone pricing Read More » FBI says more cooperation with banks key to probe of cyber attacks By Joseph Menn WASHINGTON (Reuters) - The FBI last month gave temporary security clearances to scores of U.S. bank executives to brief them on the investigation into the cyber attacks that have repeatedly disrupted online banking websites for most of a year. Bank security officers and others were brought to more than 40 field offices around the country to join a classified video conference on "who was behind the keyboards," Federal Bureau of Investigation Executive Assistant Director Richard McFeely told the Reuters Cybersecurity Summit on Monday. ... Read More » Exclusive: Indian firm in global ATM heist admits system breached By Kaustubh Kulkarni PUNE, India (Reuters) - An Indian payment card processing company acknowledged on Monday that hackers breached its security to increase the limits on some pre-paid card accounts in a global ATM heist in December. ElectraCard Services said no customer data was stolen from it and any tampering of ATM cards occurred elsewhere. "To withdraw money from a pre-paid card, one needs an ATM card that has a magnetic strip, which has encoded data. You also need a PIN. ... Read More » Ala-based firm to combat cyberattacks A new company is being launched in Birmingham to combat computer-based attacks. The University of Alabama at Birmingham is starting an intelligence company called Malcovery in a public-private partnership. ... Read More » Singapore begins inquiry into US worker's death The girlfriend of a U.S. software engineer whose parents insist he was murdered in Singapore said at a coroner's inquest Monday that he had been unhappy at work and feared "heavy hands coming after ... Read More » Top U.S. admiral puts cyber security on the Navy's radar By John O'Callaghan SINGAPORE (Reuters) - Cyber security and warfare are on par with a credible nuclear deterrent in the defense priorities of the United States, the U.S. Navy's top admiral said on Monday, after the Pentagon accused China of trying to hack into its computer networks. Admiral Jonathan Greenert, the chief of naval operations, told Reuters the defense department's cyber program had continued unabated despite the political gridlock about the U.S. budget deficit and enforced spending cuts in other areas. ... Read More » What We Can Expect from Google's New Mobile Game Hub Are you an Android user who's been hoping for a service similar to the iOs GameCenter or XBox Live on your phone? Fear not, your wishes may be granted sooner than you think. The intrepid hackers at Android Police got their hands on an advanced copy of a new Google Play build. Games were the glaring omission when Google Play launched last year. But they discovered something very interesting when they stripped the code down to its bare bones: evidence that Google Play Games is on its way. The big reveals include: Read More » Bank Muscat says mulling options to recover card fraud money DUBAI (Reuters) - Bank Muscat , the main victim of a $45 million global cyber heist, is examining all options to recover the money it lost in an unprecedented fraud brought to light by U.S. authorities. In a globally coordinated campaign, hackers broke into two unidentified payment processing companies in India that handled the prepaid debit cards for two Middle Eastern banks, including Bank Muscat, U.S. prosecutors said on Thursday. The payment processing firms were EnStage Inc, which operates from Bangalore, and ElectraCard Services, which is based in Pune, several sources told Reuters. ... Read More » How to Pull Off a $45 Million Global ATM Heist Want to pull off your own $45 million worldwide ATM heist? It might not be that easy, experts say. Read More » World grapples with rise in cyber crime LONDON (AP) — International law enforcement agencies say the recent $45 million dollar ATM heist is just one of many scams they're fighting in an unprecedented wave of sophisticated cyberattacks. Read More » Prepaid debit cards: a weak link in bank security By Emily Flitter and Tanya Agrawal (Reuters) - A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards. Cyber security experts and industry analysts say the burgeoning use of prepaid debit cards for everything from gift certificates to disaster relief handouts is making it easier for hackers to withdraw large amounts of money before detection. Prepaid cards have fewer controls on them than on regular credit and debit cards issued by banks. ... Read More » Bloodless bank heist impressed cybercrime experts NEW YORK (AP) — A bloodless bank heist that netted more than $45 million has left even cybercrime experts impressed by the technical sophistication, if not the virtue, of the con artists who pulled off a remarkable internationally organized attack. Read More »