South Carolina tries to mitigate damage from data theft at its Department of Revenue. The culprit has yet to be identified, but the Governor says the attack came from outside the United States.
An attack on Abilene Telco Federal Credit Union in September 2011 compromised login credentials for Experian's credit scoring reports. Citibank ATMs at five casinos lost more than $1M to well-coordinated cyber thieves. Anonymous attacks the Greek Ministry of Finance to protest austerity. (Expect more from Anonymous over the coming week: Monday is, of course, Guy Fawkes Day.) Advertising on bogus Google Play apps is harvesting users' personal information. Facebook is quietly investigating the possible compromise of millions of users' personal data.
Mac OS, long regarded as inherently safer than other operating systems, is losing that reputation as targeted attacks against Macs rise. Malware authors return to simpler ways of evading detection, mostly through execution delays.
The European Central Bank warns against the "inherent instability" of virtual currencies like Bitcoin. An Ernst and Young report warns that small information security fixes no longer cut it: firms will have to adopt more comprehensive defenses. Experience in the UK and the example of the NSA in the US suggest that data centers are unprepared for the impact of big data. US budget sequestration will probably hit IDIQs first.
Several research projects make the news, among them a DARPA-sponsored five-year effort to redesign networks and their nodes for inherent security and a Hollywood-driven program to improve cryptographic tools for copyright protection.