ALERT: Highly Sophisticated Large Scale Cyberheist Targets Customer Funds at Major U.S. Banks

Mac Slavo
October 9th, 2012
SHTFplan.com

 

A credible threat to the U.S. banking system has been identified by cyber security firm RSA and suggests that plans for a highly organized, large scale online bank heist targeting retail customers in the United States is currently underway.

 

In an advisory, RSA said it has information suggesting the gang plans to unleash a little-known Trojan program to infiltrate computers belonging to US banking customers and to use the [...]

Philippines gags internet with ‘draconian’ cyber crime law

The Philippines has approved measures to prosecute users that post “defamatory” comments on social media websites such as

Twitter and Facebook. They will be liable for a fine of 1 million pesos (US$24,000) or face up to 12 years in prison.
Websites that publish the material may also be shut down.

The cyber-law has been branded as ‘draconian’ and a serious violation of freedom of speech by rights groups.
“The cyber crime law needs [...]

Internet doomsday, explained – JULY 9th?

Salon

The apocalyptic story line was once reserved for truly apocalyptic events. Nuclear war. The return of Christ. Environmental or economic collapse. But it’s 2012, and the apocalypse has become the basis for everything from Super Bowl commercials to summer romantic comedies – and no media story is too small to have an apocalyptic moniker attached to it. (Remember Snowmageddon?) If you want to get the world’s attention, simply proclaim that the world will soon end [...]

Interpol: Organized gangs behind internet crime boom

Interpol president Khoo Boon Hui said on Tuesday that organised international gangs are behind most internet scams and that cyber crime’s estimated cost is more than that of cocaine, heroin and marijuana trafficking put together.

Speaking to delegates at the opening of the France-basedinternational police agency’s European Regional Conference in Tel Aviv, Khoo quoted a study by London’s Metropolitan Universityindicating that “80 percent of crime committed online is now connected to organised gangs operating across borders.”

“Criminal gangs now find [...]

Sweden could be first country to go cashless as even churches are taking cards for offerings

Nation was first in Europe to bring in notes in 1661
Bills and coins now just 3% of Sweden’s economy
Bank robberies plunge, but cyber crime surges

Sweden was the first European country to introduce bank notes in 1661.

Now it’s come farther than most on the path toward getting rid of them.

‘I can’t see why we should be printing bank notes at all anymore,’ says Bjoern Ulvaeus, former member of 1970s pop group [...]

HR 3523: [The Rogers bill] will encourage companies to share personal and private data with the government, And then with very little oversight, allow the information to be used in a number of different ways.

Speaking at a policy debate Wednesday at The Heritage Foundation, a representative of the American Civil Liberties Union (ACLU) warned that a bill currently being considered by theHouse Select Committee on Intelligence would intertwine the National Security Agency (NSA) with corporate America, exposing vast amounts of private civilian data to unprecedented levels of monitoring, all in the name of “cybersecurity.”

H.R. 3523, introduced last year by Rep. Mike Rogers (R-MI), purports to help safeguard [...]

Web Security Expert Warns Of Cyber World War With ‘Catastrophic Consequences’

A leading internet security expert has warned that a cyber terrorist attack with “catastrophic consequences” looked increasingly likely in a world already in a state of near cyber war.

Eugene Kaspersky is not given to easy hyperbole. But the Russian maths genius who founded an internet security empire with a global reach, clutched at his thick mop of hair with both hands.

“I don’t want to speak about it. I don’t even [...]

NY POLS PROPOSE NEW SEXTING LEGISLATION

New York state lawmakers are advancing a bill that would create an “educational reform program” for teenagers who get in trouble for creating and sharing pornographic images of minors.

The program, proposed by Assembly Democrats, is intended to give prosecutors and judges a more lenient option for dealing with teenagers accused of “sexting,” using their cellphones, email or social-networking sites to distribute naked and sexually explicit [...]