James Holley is an Executive Director at Ernst & Young LLP.
Some 7,000 FTP sites and servers have been compromised to serve malware, and its administrators are usually none the wiser, claim Hold Security researchers.
The second incarnation of the (in)famous Silk Road underground market has been hacked, claims one of its moderators who goes by the online handle "Defcon", and an estimated 4,400+ Bitcoins (currently worth between $2 and $3 million) that the market kept in a central escrow service have been pilfered by attackers.
Microsoft announced three new global partnerships with the Organization of American States, Europol and FIS to increase cooperation between international law enforcement and the private sector in combatting cybercrime and helping build a safer Internet.
As popular Bitcoin exchanges continue to be bombarded with malformed transactions, a lot of them have decided to temporarily prevent its customers to withdraw their funds.
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