After stealing $1.4 million using the TorRat Trojan 4 men were arrested by the Dutch National High Tech Crime Unit. The criminals used the Trojan to steal money from over 150 accounts. TorRat is designed to steal online banking credentials. The bank robbers were able to hide their activities by putting their command and control server on…
Malware embedded in microchips on small appliances and electronics may be lying in wait to infect your computer. Items like microwaves, toasters, irons, cell phones, dash board cameras and other such devices manufactured in China may be infected. Chips in small appliances shipped from China to Russia have been proven to be infected with malware.…
The investment research firm Muddy Waters LLC released a report on their investigation of the Chinese mobile security company NQ Mobile Inc., an NYSE traded company (NQ), charging they are a “massive fraud.” The report alleges 72% of their 2012 revenues is fictitious. That NQ’s market share is 1.5%, not the 55% they claim. Muddy Waters…
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