Flame is designed to carry out cyber espionage and steal valuable information, including but not limited to computer display contents, information about targeted systems, stored files, contact data and audio conversations.
Israel is being blamed - or, perhaps, taking credit - for the creation of Flame, the sophisticated cyberspyware that has targeted organizations in the Middle East, especially its mortal enemy, the government of Iran.
The Federal Bureau of Investigation warns of a scheme involving pop-up windows through which fraudsters trick travelers into installing bogus software updates. The "updates" are really malware installations.
A U.S. District Court has sentenced the last key figure from 2009's Operation Phish Phry, a two-year international cybercrime investigation that resulted in the arrest of 100 fraudsters on two continents.
New alerts from Visa and MasterCard suggest the breach at Global Payments dates to January 2011, an exposure window significantly longer than originally reported. What are the implications for card issuers?