Counterfeiters told to pay Symantec $21m
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What chance of collecting? Symantec today hit pay dirt, winning $21m damages from the US courts against a counterfeit software ring spanning the US and Asia. Which is nice: in December 2006, the last time Symantec spoke on the matter, the security software firm had pressed for damages of $15m-plus.â¦
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Antivirus software company Symantec Corp. said on Wednesday that it joined a group devoted to fighting online identity theft attacks known as "phishing scams."
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Symantec Corp. has repaired a serious problem with versions of its leading antivirus software, which protects some of the world&#039;s largest corporations and U.S. government agencies. The flaw lets hackers steal sensitive data, delete files or implant malicious programs.
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Jail-time beckons Two Americans pleaded guilty today to selling $6m worth of counterfeit software over eBay.â¦
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Security vendor Symantec says the hacker underground pays best for stolen bank account details.
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InfoWorld - Symantec declared its&#160;compensation offer&#160;for Chinese users who saw their computers damaged by a bad software update a success Sunday, but declined to say how many users had accepted the deal.
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A company claims that the OLPC Association infringued a patent on a keyboard and is asking for $20 to settle the case.
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Computer lawsuit   A lawyer yesterday sued the Symantec Corporation, the world's largest security software provider, because his computer allegedly crashed after receiving a faulty anti-virus update from the company.
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(InfoWorld) - Stolen bank account numbers are commanding the highest price in an underground trade of personal details stolen by hackers, according to a survey released Monday by security vendor Symantec. Bank account details command prices of up to $400, while credit card details sell for between $0.50 and $5, e-mail passwords from $1 to $350 each, and e-mail addresses from $2 to $4 per megabyte, according to Symantec's Internet Security Threat Report, which covers the first half of the year. The online trade in stolen details highlights the commercialization ofÂ Internet crime, with gangs researching, developing and marketing nefarious software for other criminals, said William Beer, director of security practice for Europe. There has been an increase in the quality and quantity of malicious code sold on the Internet, driven by well-funded international groups of criminals, Beer said. The hackers are obtaining the information through increasingly targeted attacks on computers that often involve collecting personal information about a person from social networks such as MySpace or Facebook, Beer said. With specific personal details, the hacker can construct a personalized e-mail that entices the victim to either click on an attachment containing malicious software or visit a phishing site. Symantec is also seeing multistage attacks where the attacker places a small piece of software on a target computer that then acts as a beachhead for downloading other software. "The end user will not even notice the attacks have taken place because it's a very gradual process," Beer said. On the spam front, Symantec said it has noticed a 30 percent drop in so-called "pump-and-dump" spam, where e-mails touting penny stocks are sent out, causing a rise in the stock price before the perpetrators sell the stock early. The decline can be attributed to aÂ crackdown by the U.S. Securities and Exchange Commission. Also down is the percentage of spam with images, which started as a highly effective way to bypass spam filters but is now less so. About 27 percent of the spam analyzed by Symantec between April and May contained images, down from 50 percent the first week in January, Symantec said. The decrease is due to an improvement in spam filters as well as the decline in pump-and-dump spam, which often used images, the company said.
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Company sues alleged software piracy ring for selling counterfeit versions of its products, including Norton AntiVirus.
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Users who fear that their Windows XP software might be counterfeit could get free legitimate replacements from Microsoft under a scheme announced last week.
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Norton Antivirus software maker Symantec merges with Veritas Software in an all-shares deal valued at more than $13bn.
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Two more defendants have pleaded guilty to charges of criminal copyright infringement for selling counterfeit software with a retail value of nearly US$6 million on eBay Inc., the U.S. Department of Justice announced.
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A service is accused of $200 million in false charges for dishonest online sellers and telemarketers.
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Symantec is fishing for dollars with a new service designed to help companies combat the ongoing epidemic of online identity theft, or &quot;phishing,&quot; scams.
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A month after Symantec knocked out 50,000 Chinese PCs with bad software, the company is offering compensation.
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Source Code Club&#39;s last attempt to cash in on other people&#39;s intellectual property targeted Enterasys Network&#39;s Dragon intrusion detection system, which SCC offered for $16,000, and Napster&#39;s