Obama speech on NSA welcome, but effects remain to be seen: EU official

European Union Commissioner for Home Affairs Cecilia Malmstroem on Friday welcomed a speech made by U.S. President Barack Obama on curbing the activities of the National Security Agency (NSA), saying what that meant in practice was yet to be seen.

Malmstroem told participants at the 50th Munich Security Conference that there was a need to see the limits of the NSA and safeguards put in place.

Obama announced in a recent speech a reform of the NSA and its surveillance operations, mentioning the possibility of abuse while insisting operatives should consistently follow protocols. Read more

 

Cybercrime and penalties in Nepal

Internet is a new dimension that is developing in Nepal and the Nepal police is also acting towards it. AS the power of internet increases the crimes also increase with it. Our country has many sector working with this problem. Central Investigation Bureau (CIB) is Nepal Police’s division that is also working on it. This CAN info tech 2014 CIB was present and awaring people on Cyber Crime in Nepal. This is a hot topic in today’s context. This post is to give knowledge about cybercrime and penalties in Nepal on committing it.

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U.S. retailer Michaels warns of possible payment card breach

Michaels Companies Inc, the biggest U.S. arts and crafts retailer, said it is investigating a possible security breach on its payment card network and advised customers to check their financial statements for fraudulent activity.

If confirmed, it would mark the second known data breach since 2011 at Michaels, which is preparing to sell shares in an initial public offering.

“We are concerned there may have been a data security attack on Michaels that may have affected our customers’ payment card information,” Michaels Chief Executive Chuck Rubin said in a statement on Saturday. “We are taking aggressive action to determine the nature and scope of the issue.” Read more

The Dark Side of WiFi

The Super Bowl will keep many viewers glued to their televisions and their computers.  But, if you are a WiFi user, heed these words of caution.

Public Wi-Fi is convenient, and dangerous. Since the connection is public, it’s accessible to everyone. Public Wi-Fi offers zero privacy. If you reveal your credit card information through public Wi-Fi, you are at the mercy of hackers. Even if the Wi-Fi connection is in a library or place of business, hackers and criminals could be poised to steal your information. Read more

 

Syrian Electronic Army: We Hacked eBay and PayPal

The Syrian Electronic Army, a notorious hacking group, says it claimed two big-name victims Saturday: eBay and PayPal.

While a hack on PayPal could put millions of peoples’ bank information at risk, the hackers said this attack was a “hacktivist operation,” and that they did not target account information. Instead, the SEA claimed it was able to replace the homepages of eBay and PayPal in France, Israel and the UK with its own logo.

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Google Offers $3 million to Hackers

Google, which does not take Internet security lightly, has announced its willingness to pay computer hackers up to a total of $3 million to find and exploit its computer software Chrome OS.

The company, based in Mountain View, California, said in March that it would hold its own contest name “Pwnium.” The contest would feature hackers putting their skills together attempting to hack into the ACER Chromebook C720 or Chromebook 11 from Hewlett Packard.

Read more: http://zolmax.com/technology/google-offers-3-million-hackers/197257/

Crafty Hackers Find New Retail Target

A Texas company may be the latest target of security hackers.

 

Irving-based Michael’s Stores, Inc. – the nation’s largest craft store chain – is working with federal officials to investigate a possible data breach, affecting customers’ credit card and payment information.

 

They launched the probe after learning that several credit cards were used for fraudulent activity.

 

The company released a statement saying they are ”taking aggressive action to determine the nature and scope of the issue.” No other information was released, such as when the breach may have occurred, or how many customers may be affected.

 

Michael’s is the third major national chain to report this kind of attack. As many as 110-million holiday shoppers at Target may have had their personal data stolen; Neiman-Marcus announced that up to a million customers were affected by a similar hack last summer.

 

Michael’s operates more than 1,100 stores in the US and Canada.

Read more: http://www.ktrh.com/articles/houston-news-121300/crafty-hackers-find-new-retail-target-12005006/#ixzz2rXSnVkUc