Correspondent, Boston
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Oct 8, 2013

Suspect in ‘Blackhole’ cybercrime case arrested in Russia -source

Oct 8 (Reuters) – Russian authorities have arrested a man
believed to be responsible for distributing a notorious software
kit known as “Blackhole” that is widely used by cyber criminals
to infect PCs, according to a person familiar with the
situation.

A former Russian police detective in contact with Russia’s
federal government told Reuters that the suspect, who is known
in hacking circles as “Paunch,” had been arrested. He provided
no details.

Oct 8, 2013

Microsoft awards hacking expert, repairs browser bug

BOSTON, Oct 8 (Reuters) – Microsoft Corp said on
Tuesday it is paying a well-known hacking expert more than
$100,000 for finding security holes in its software, one of the
largest such bounties awarded to date by a high-tech company.

The software maker also released a much anticipated update
to Internet Explorer, which it said fixes a bug that made users
of the world’s most popular browser vulnerable to remote attack.

Oct 8, 2013

Microsoft awards over $100,000 to expert for finding bugs

By Jim Finkle

BOSTON, Oct 8(Reuters) – Microsoft Corp is paying a
hacking expert more than $100,000 for finding security holes in
its software, one of the largest such bounties awarded to date
by a high-tech company.

James Forshaw, who heads vulnerability research at
London-based security consulting firm Context Information
Security, won Microsoft’s first $100,000 bounty for identifying
a new “exploitation technique” in Windows, which will allow it
to develop defenses against an entire class of attacks, the
software maker said on Tuesday.

Oct 3, 2013
Oct 3, 2013
Oct 3, 2013

Security firm says iPhone bug can thwart device wiper

BOSTON (Reuters) – A German security company has uncovered a bug in the new iPhone’s software that it said enables hackers to overcome a safeguard allowing users to remotely wipe stolen or lost phones.

Berlin’s Security Research Labs, known as SRL, said on Thursday that the vulnerability could potentially give criminals time to break into the Apple Inc (AAPL.O: Quote, Profile, Research) phones, gain complete control of data, access email accounts and then potentially take over the user’s bank accounts.

Oct 3, 2013

Exclusive: Security firm says iPhone bug can thwart device wiper

BOSTON (Reuters) – A German security company has uncovered a bug in the new iPhone’s software that it said enables hackers to overcome a safeguard allowing users to remotely wipe stolen or lost phones.

Berlin’s Security Research Labs, known as SRL, said on Thursday that the vulnerability could potentially give criminals time to break into the Apple Inc phones, gain complete control of data, access email accounts and then potentially take over the user’s bank accounts.

Oct 3, 2013
Oct 2, 2013

Marketplace of vice, ‘Silk Road’ meets its end

BOSTON, Oct 2 (Reuters) – Before it was shut down by U.S.
agents this week, people looking to buy street drugs, hire
hackers or hitmen, and acquire stolen e-commerce accounts
anonymously online could go to Silk Road, the Amazon.com of
vice.

For more than two years, according to U.S. authorities, the
website allowed users to buy and sell illegal goods and services
on the assumption that they were safe from the law. The buyers
were cloaked by technology designed to keep identities secret
and transactions were processed with bitcoin digital currency.

Oct 2, 2013
    • About Jim

      "Jim works in the Reuters Boston bureau covering cyber security, hacking and technology privacy issues. He’s been with Reuters since 2005. He previously covered technology, media and biotechnology for Broadcasting & Cable, the Orange County Register and Bloomberg News out Tokyo, Taipei, San Francisco, Los Angeles and Santa Ana, California."
      Joined Reuters:
      2005
      Languages:
      English, Mandarin
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