Iran Facing 'Stuxnet On Steroids' Attack

A sophisticated cyber weapon has infected industrial control systems of hundreds of European and U.S. energy companies over the last 18 months, Sam Jones of The Financial Times reports.

Telecom companies in Russia and Saudi Arabia have been hit by the world's most sophisticated hacking software to date.Symantec believes a Western intelligence agency is responsible.Please consider World’s Most Advanced Hacking Spyware Let Loose

The Russian malware hunter whose firm discovered the Flame virus said Wednesday there could be plenty more malicious code out there, and warned he feared a disastrous cyber attack could be coming."It's quite logical that there are new cyber weapons designed, and maybe already computers infected that we don't know about," Eugene Kaspersky, founder of Kaspersky Lab, said on the fringes of a Tel Aviv University cyber security conference.

They're calling it "Red October." On Monday, Russia's Kaspersky Labs reported that they had identified what may be the most comprehensive, global cyber espionage hack in the history of the Internet. From a CBS News:

Since late 2013, The NY Times reports that an unknown group of hackers has reportedly stolen $300 million ­- possibly as much as triple that amount - from banks across the world, with the majority of the victims in Russia. The attacks continue, all using roughly the same modus operandi...  

BOSTON (Reuters) - Cyber criminals have infected hundreds of thousands of computers with a virus called "Pony" to steal bitcoins and other digital currencies, in the most ambitious cyber attack on virtual money uncovered so far, according to security firm Trustwave.

The cyber security firm Symantec on Sunday revealed that a malicious new piece of software is collecting information on individuals, companies, and government entities without their knowledge. The malware, called Regin, is considered to be a mass surveillance and data collection tool (sometimes referred to as “spyware”). Its purpose and origin is still unclear, Symantec said, but researchers believe that the program is the work of a nation-state.