facebook_hacked_by_koobface_mk2_virus_xlarge With the exponential growth of Facebook and Twitter comes the seemingly unstoppable growth of malware spyware and computer hacking. As the use of one rises, so does the other. As a result, social networking sites are coming under constant harassment from malicious programs designed to steal passwords and other personal information.

Yuval Ben-Itzhak, technology chief at a small security software vendor Finjan, has stated that “Cyber criminals continue to follow the money. With the combination of using sophisticated Trojans for the theft and money mules to transfer stolen money to their accounts, they minimize their chances of being detected.”

Symantec Corp has also stated that the use of spam email messages has also increased greatly in the third quarter. According to company reports, the amount of spam emails being sent out has risen to 88.1 percent from last year’s 81 percent. Furthermore, reports show that botnets are now responsible for sending 87.9 percent of all spam.

Read More →

worm_chomping_on_computer_hg_whtRecently, some of the best security minds in the world have started joining forces to fight an evil called the Conficker Worm. The Conficker Worm is a computer virus that targets a flaw in Microsoft’s operating system and then spreads rapidly through other computers connected to the same network.

To date the Conficker virus has infected at least 5 million computers. After the virus infects the computers, the hacker can control the computer systems and transform the systems in to a “botnet army.” The botnet army can be used to syphon banking information or to flood government servers knocking them off line. In July, Conficker knocked out parts of Manchester City Council’s IT system costing the council £1.5 million in total. Similarly in January, the French Navy had to quarantine its computer network after it was infected with Conficker. This forced aircrafts at several air bases to stay grounded.

Read More →