Do we need a new internet? No, but we do need more researchers.

The New York Times ran an article on a new academic research project whose goal is to redesign the Internet from scratch. The most valuable product that will come from this effort is not new technology, but formally trained security researchers.

This past weekend the old gray lady ran an article by John Markoff [...]

Crimeware tracking service hit by a DDoS attack

A week after a newly launched crimeware tracking service went public, cybercriminals didn’t hesitate to prove its usefulness by launching a distributed denial of service attack (DDoS) against it. According to the Swiss security blog, the Zeus tracker came under attack from a previously known source that also attacked abuse.ch over an year ago [...]

Another Exploit Targets IE7 Bug

Cybercriminals are actively exploiting a critical vulnerability in Internet Explorer 7, which arises from the browser’s improper handling of errors when attempting to access deleted objects. This vulnerability allows remote attackers to execute arbitrary codes on a vulnerable machine. The threat starts with a spammed malicious .DOC file detected as XML_DLOADR.A. This file has [...]

RapidShare Users Get Phished

The Trend Micro Content Security team has discovered a phishing attack targeting users of the German-owned file-hosting website, RapidShare. Aside from their free hosting service, the website also offers a benefit for premium members who opt to pay a certain fee through PayPal, or by means of RapidShare authorized resellers. This nuance was not lost [...]