Lavasoft News has compiled a list of "security shorts" - summaries of other online security stories making news and headlines around the world this past month...

The rise of the Koobface social networking worm

A new McAfee Labs report shows a significant spike in instances of the Koobface social networking worm and a dramatic increase in spam. McAfee Labs also saw continued increases in the number and complexity of targeted threats, including information-gathering Trojans and threats targeting systems’ master boot records (MBRs)... Read more

Facebook Virus That Drains Your Bank Accounts: What You Need to Know

The word about the Zeus Trojan back on Facebook has spread as fast as the malware itself across many news sites. Awareness and education about online dangers is essential but headlines like “Malware That Drains Your Bank Account Thriving On Facebook” instill fear while at the same time blame Facebook — something that may not be entirely justified... Read more


Gartner reveals Top 10 IT Security Myths

Gartner analyst says "misperceptions" can wreck best-laid IT security plans. When it comes to information security, there are a lot of “misperceptions” and “exaggerations” about both the threats facing businesses and the technologies that might be used to protect their important data assets, according to Gartner analyst Jay Heiser... Read more

Zeus malware preys on job seekers with 'money mule' offers

Researchers have uncovered a new variant on the Zeus financial malware, which looks to recruit users as money mules to process cybercrime transactions.
According to a report from security vendor Trusteer, new variants on the malware detect when a user is trying to access popular jobs site CareerBuilder and injects code into local HTML files... Read more

Feds charge eight in international fraud ring

Federal authorities in New Jersey charged eight people on Wednesday who they believe were part of an international cyber fraud ring that stole more than $15 million from American bank customers. The defendants are accused in a criminal complaint of conspiracy to commit wire fraud, money laundering and identity theft, according to a release by the U.S. Attorney's office... Read more