Backdoor Trojan Rustock Model for 2007 Threats

The sophisticated 2006 backdoor trojan dubbed Rustock will be modeled by attackers in 2007 and beyond, security experts warn. The trojan uses advnaced rootkit technologies to avoid detection and bypass security software.  Rustok buries itself into systems, makes changes to the registry system to hide its activities and spews out image spam from hijacked computers. The polymorphic [...]

Third Word Vulnerability In Nine Days

Microsoft reported yesterday that it was evaluating an as of yet unpatched, “zero day” Word vulnerability. This is the third Word vulnerability reported in the past nine days. Word 2000, 2002, 2003 and Word Viewer 2003 are all affected by the bug, which if exploited could allow a hacker to take control of a target PC. MS [...]

Gartner Group Predicts Vista Will Be Last Windows Update

The Gartner Group predicts that Windows Vista will be the last major “monolithic” Windows release.

Mysterious “Rock Phish” Behind Surge in Phising Attacks

Little is known about Rock Phish, expect that the individual or gang is suspected to be the most prominent phishing operation in the world.  The group (person???) uses sophisticated social engineering schemes to target US and European finacial institutions and is believed to have cost banks more than $100 Million to date. It is estimated that 1/3 to [...]

Logic BombGets USB Paine Webber Hacker Eight Years In Prison

Disgruntled former USB Paine Webber Employee Roger Duronio was sentenced to eight years in prison for planting a Logic Bomb on the company’s network. The hacker bought $23,000 of put options before the logic bomb began deleting files in the hope that the company stock would go down and he would profit. The stock remained stable despite the [...]