Continuing digitisation of goods and services, combined with the further development of mobile, including wearables, and the so-called internet of things, will see the annual cost of cyber-crime and security breaches reach $2.1 trillion (£1.3 trillion) in just four years, according to Juniper Research.
Starbucks customers are reporting that hundreds of dollars have been stolen from their credit cards after receiving emails saying the passwords and login details for the coffee company's mobile app had been reset.
While details of exactly how the attacks are taking place are still unclear, it appears that credentials leaked in previous cyberattacks could be used to allow hackers to siphon off money from Starbucks's customers.
CrowdStrike researchers announced this morning that they have discovered a buffer overflow vulnerability in many of today's most popular virtual machine platforms that could potentially allow hackers access to the host.
They named the vulnerability VENOM -- Virtualized Environment Neglected Operations Manipulation -- because it takes advantage of long-neglected code, the virtual floppy disk controller.
The US government's prosecution of a South Korean businessman accused of illegally selling technology used in aircraft and missiles to Iran was dealt a devastating blow by a federal judge. The judge ruled Friday that the authorities illegally seized the businessman's computer at Los Angeles International Airport as he was to board a flight home.
A critical vulnerability in MacKeeper, a controversial security program for Mac computers, could let attackers execute malicious commands on Macs when their owners visit specially crafted Web pages.
MacKeeper’s developers acknowledged the recently discovered problem and released a fix for it Friday, saying in a blog post that users should run MacKeeper Update Tracker and install version 3.4.1 or later.