Hackers break into Anti-virus companies and steal their source code…
From the article:
In a report published Thursday, researchers at the threat-research company Advanced Intelligence (AdvIntel) revealed that a collective of Russian and English-speaking hackers are actively marketing the spoils of data breaches at three US-based antivirus software vendors. The collective, calling itself “Fxmsp,” is selling both source code and network access to the companies for $300,000 and is providing samples that show strong evidence of the validity of its claims.
From the article:
Researchers Ran Locar and Noam Rotem have found an unguarded database hosted on a Microsoft server that holds sensitive info for more than 80 million US households (over half of the 128 million in the US), but doesn’t have a clear owner. The data includes full names, addresses and locations, as well as coded content like gender, income, dwelling type, homeowner status and marital status.
Exposed database holds sensitive data on over 80 million US households
Security researchers have uncovered new bugs in the Web encryption software that caused the pernicious “Heartbleed” Internet threat that surfaced in April.
Experts said the newly discovered vulnerabilities in OpenSSL, which could allow hackers to spy on communications, do not appear to be as serious a threat as “Heartbleed.”
Read more about Heartbleed here.
(Reuters) – As Alibaba prepares for what could be the biggest tech company IPO to date, the Chinese e-commerce giant has been counselling employees on how to deal with the roughly $41 billion they could unlock through a New York listing.
While some staffers have enquired if premium brand BMW sells cars in Alibaba’s corporate orange, others may invest windfall stock gains in property in North America or channel funds back into start-up ventures in China, hoping to build future Alibabas, bankers and financial planners say.
This could be signify the bursting of yet another tech bubble.
Get the whole taco here.