Cyber Criminal Ring Gets Card Info from 11 Retailers

A cyber criminal ring targeting small retailers in 11 countries stole data on 49,000 payment cards using a malicious software known as "ChewBacca" before the operation was shut down, according to a cyber research firm. RSA FirstWatch disclosed the attacks on its website and said the firm's researchers uncovered the ring, whose victims included small companies in the United States, Russia, Canada and Australia.

Samsung Argues Against Apple on Smartphone Ban

Samsung sought to defeat Apple's bid for a permanent sales ban against some Samsung smartphones, arguing in court that Apple's request was an attempt to instill fear among telecom carriers and retailers that carry Samsung's products. At a hearing in federal court in San Jose, California, Samsung attorney Kathleen Sullivan told U.S. District Judge Lucy Koh that the injunction would give the iPhone maker an opening to come back to court quickly and argue that newer Samsung products should also be banned.

GoDaddy Admits to Role in Social Engineering Attack

GoDaddy has acknowledged that one of its employees fell victim to a social engineering attack allowing a hacker to take over a customer's domain names and eventually extort a coveted Twitter user name from him. PayPal, which the victim claimed also played a role in the attack, denied the accusations. Naoki Hiroshima, a software engineer and creator of the Cocoyon location sharing mobile app, reported Wednesday in a blog post that a hacker successfully extorted him into giving up his single-letter Twitter user name, called @N, after first hijacking his domain names registered at GoDaddy, email address and Facebook account.

At Hearing, Officials Link Bitcoin to Criminal Activity

Law enforcement officials testified that virtual currencies like Bitcoin have opened up new avenues for crime that government has not been able to keep up with. The most forceful statements came from a prosecutor with the United States attorney’s office in Manhattan, Richard B. Zabel, during the second day of hearings about virtual currencies held by New York’s top financial regulator, Benjamin M. Lawsky.

Israel Creates Cyber-Emergency Response Teams

As part of Israel's program to deal with rising cyber threats, the government is putting together a task force to help citizens and businesses cope. The country's National Cyber Bureau plans to establish cyber-emergency response teams this year that will specialize in handling different kinds of hacks, said Rami Efrati, the head of the bureau's civilian division.

Justice Department Investigating Target Hacking

U.S. Attorney General Eric Holder confirmed that the Justice Department was investigating the massive hacking of consumer data from retailer Target Corp during the holiday shopping season. Testifying at a U.S. Senate hearing, Holder said the department would seek not only to find the perpetrators of the breach, but also "any individuals and groups who exploit that data via credit card fraud."

Google Close to Settling European Antitrust Probe

Google is close to settling a three-year European antitrust probe with "much better" concessions to allay concerns over blocking rivals such as Microsoft from internet search results, two sources said. A settlement with the European Union's regulator would mean that Google, the world's biggest internet search engine, would escape a possible fine of as much as $5 billion or 10 percent of its 2012 revenue.

Russian Hacker Pleads Guilty to Bank Fraud

A Russian hacker who developed the widely used SpyEye banking trojan pleaded guilty to creating the malicious toolkit, one of the most popular hacking tools of the past two years. Aleksandr Andreevich Panin, known online as “Gribodemon” and “Harderman,” was convicted in Atlanta of conspiracy to commit wire and bank fraud, charging stemming from his role as the primary developer and distributor of a sophisticated toolkit that allowed thieves to steal millions of dollars from victims.

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NSA Documents Show U.K. Can Tap Internet Cables

The British government can tap into the cables carrying the world’s web traffic at will and spy on what people are doing on some of the world’s most popular social media sites, including YouTube, all without the knowledge or consent of the companies. Documents taken from the National Security Agency by Edward Snowden and obtained by NBC News detail how British cyber spies demonstrated a pilot program to their U.S. partners in 2012 in which they were able to monitor YouTube in real time and collect addresses from the billions of videos watched daily, as well as some user information, for analysis.

White House Loosens Internet Disclosure Rules

The Obama administration says it will allow Internet companies to give customers a better idea of how often the government demands their information, but will not allow companies to disclose what is being collected or how much. The new rules — which have prompted Google, Microsoft, Yahoo and Facebook to drop their respective lawsuits before the nation’s secret surveillance court — also contain a provision that bars start-ups from revealing information about government requests for two years.

NSA Using Smartphone Apps to Gather Data

When a smartphone user opens Angry Birds, the popular game application, and starts slinging birds at chortling green pigs, spies may be lurking in the background to snatch data revealing the player’s location, age, sex and other personal information, according to secret British intelligence documents. In their globe-spanning surveillance for terrorism suspects and other targets, the National Security Agency and its British counterpart have been trying to exploit a basic byproduct of modern telecommunications: With each new generation of mobile phone technology, ever greater amounts of personal data pour onto networks where spies can pick it up.

Indian Supreme Court Hears Google Defamation Case

An Indian Supreme Court hearing on whether the local unit of Google Inc. is liable for allegedly defamatory comments posted on its blogging site will help decide how Internet companies do business in the growing South Asian market. The Supreme Court was scheduled to start hearing arguments Monday from the U.S. technology company in a case brought by Visaka Industries Ltd.