Iran Facing 'Stuxnet On Steroids' Attack

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 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.

Apple is releasing a malware removal tool after a number of Mac systems were infected by computer hackers.

The BBC is reporting a massive new Cyber-Attack described as an ?Industrial Vacuum Cleaner for Sensitive Information.? Details of the complex attack were provided to the BBC by the??Russian security firm Kaspersky Labs??after the??United Nations' International Telecommunications Union??asked the Lab to look into reports in April that??computers belonging to the Iranian Oil Ministry??and the Iranian ...

Using the Internet to spy and steal sensitive data is standard practice by all countries, according to the security chief of controversial Chinese telecoms giant Huawei. The comments published Wednesday follow allegations that Chinese hackers gained access to secret designs for a slew of sophisticated US weapons programmes, and stole the blueprints for Australia's new intelligence agency headquarters.

MONTREAL — Cyber criminals will still be out in force in 2014, but privacy is expected to come to the forefront of digital concerns. Along with scams, cyber security firms see a continued risk to citizens’ privacy with basic activities such as posting on social media sites, downloading apps on their smartphones and, of course, through indiscretions. The bad guys are trying to steal your privacy, too “The bad guys are trying to steal your privacy, too,” said Kevin Haley of the security software firm Symantec.