cybercrime

Hacker "Iceman" gets 13 years

Submitted by emacs on Sat, 02/13/2010 - 19:54

A former security researched who had turned into a criminal hacker has been sentenced to 13 years in prison for hacking into financial institutions.

The hacker named Max Ray Butler (nickname Iceman) was sentenced Friday morning in Pittsburgh on charged of wire fraud and identity theft.

He gained notoriety for hacking into carder forum Web sites. He forced members of those websites to conduct their business trough his own site (cardersmarket.com).

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Early-adopter criminals embrace cloud computing

Submitted by emacs on Thu, 02/11/2010 - 20:49

Executives unsure of the viability of cloud computing need look no further than the criminal fraternity for a ringing endorsement of the technology, according to a security expert.
Cloud computing has been enthusiastically taken up by criminals for a range of activities, Rik Ferguson, senior security adviser at security firm Trend Micro, told delegates at a Westminster eForum on Wednesday.

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