This is the conclusion of a joint study by Opus and ValidSoft, a company that specializes in telecommunications-based authentication and transaction verification for financial services and government organizations.
Zappos cyber attack raises fears over e-commerce
The breach of the database containing details of 24 million customers of Amazon-owned online shoe retailer Zappos has once again raised fears over the security of e-commerce.
Ten years of Microsoft’s Trustworthy Computing initiative: Has it delivered?
It is ten years since Bill Gates distributed his internal ‘Trustworthy computing’ memo to Microsoft staff: “We must lead the industry to a whole new level of Trustworthiness in computing.” Has Microsoft delivered?
European test center takes network security for a 4G ride
The move to high-speed 4G mobile networks poses challenges for carriers and vendors to deploy security products that can handle those high speeds and data volumes, a challenge that the European Advanced Networking Test Center (EANTC) recently put to th…
Breach at Zappos exposes data on 24 million customers
Zappos, an online shoe and clothing retailer, is warning 24 million customers that a security breach has exposed their personal information, including partial credit card data.
Research by Sophos reveals the gang behind Koobface
Key to a compelling and instructive detective story is the sort of security failing usually exploited by the cybercriminals, but in this instance harnessed by Sophos.
AXA global insurance company adopts data analytics to reduce fraud
Insurance fraud is growing. It costs the insurance company and increases insurance premiums. AXA believes that data analytics may provide the solution.
Scammers use Google Docs survey form to dupe ANZ Bank customers
SophosLabs has recently discovered a phishing scam targeting ANZ Bank customers using a Google Docs survey form.
New version of Sykipot malware targets DoD smart cards
More evidence of malware from China attacking the US Department of Defense has been discovered by AlienVault.
Bootkits take aim at the Windows 64-bit platform
The number of bootkits targeting the Microsoft Windows 64-bit platform increased rapidly last year, a trend that is likely to continue this year, according to David Harley, senior research fellow at ESET UK.