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Cyber thieves blamed for Bitcoin heist

A gang of cyber criminals using an army of infected computers made off with at least $220,000 worth of Bitcoins and other virtual currencies, security researchers said Monday. The researchers from the security firm Trustwave said the heist was accomplished by a botnet of computers using malware that has been dubbed "Pony". The Pony botnet has infected an estimated 700,000 people or computers, allowing the criminals to control those accounts.

Slovenian hacker sentenced to jail for 'malicious' programme

A Slovenian court on Monday sentenced to 58 months in jail Matjaz Skorjanc, the creator of the "Mariposa Botnet", a vast network of virus-infected computers used by criminal hackers. Skorjanc was found guilty of "creating a malicious computer programme for hacking information systems, assisting in wrongdoings and money laundering", the Maribor regional court said. It also ordered him to pay 3,000 euros ($4,100)along with the expropriation of an apartment and a car that Skorjanc had bought with the money he earned by selling the computer virus to a Spanish crime group.

Microsoft leads disruption of largest infected global PC network

By Joseph Menn SAN FRANCISCO (Reuters) - Microsoft Corp said on Thursday it had disrupted the largest network of compromised personal computers, involving some 2 million machines around the world, since it stepped up its battle against organized online criminals three years ago. The Redmond, Wash.-based software giant filed a lawsuit in Texas and won a judge's order directing Internet service providers to block all traffic to 18 Internet addresses that were used to direct fraudulent activity to the infected machines.

Cyber experts uncover 2 million stolen passwords to Web accounts

BOSTON (Reuters) - Security experts have uncovered a trove of some 2 million stolen passwords to websites including Facebook, Google, Twitter and Yahoo from Internet users across the globe. Researchers with Trustwave's SpiderLabs said they discovered the credentials while investigating a server in the Netherlands that cyber criminals use to control a massive network of compromised computers known as the "Pony botnet."

Data brokers D&B, LexisNexis, Altegrity report cyber attacks

By Jim Finkle BOSTON (Reuters) - Three major U.S. data providers said on Wednesday they were victims of cyber attacks, after a cybersecurity news website linked the breaches to a group that sells stolen social security numbers and other sensitive information. An FBI spokeswoman said the bureau was investing the breaches but declined to elaborate.

Hacker 'botnet' hijacked online searches: Microsoft

Software titan Microsoft and computer security giant Symantec said Thursday that they smashed a hacker-infected computer network that was hijacking Internet searches. A Bamital "botnet" raked in an estimated million dollars annually by routing Internet users to websites that generated revenue with bogus online ad "clicks." "The Bamital botnet defrauded the entire online advertising platform, which is what allows the Internet and many online services to be free," Microsoft said in a blog post.

EXCLUSIVE-Microsoft, Symantec disrupt cyber ring, halt searches

(Adds comment from Symantec researcher, paragraphs 22-24) * Microsoft, Symantec seize servers used to run crime ring * Seizure leaves infected PCs unable to search web * Companies push out warnings to PCs infected with Bamital * Companies say Bamital defrauded web advertisers By Jim Finkle

CORRECTED-Software makers disrupt cyber ring, halt searches

(Microsoft corrects title of Richard Boscovich to assistant general counsel, not associate general counsel. Both companies correct estimate of number of machines infected to as many as 1 million, not as many as 600,000.) * Microsoft, Symantec seize servers used to run crime ring * Seizure leaves infected PCs unable to search web * Companies push out warnings to PCs infected with Bamital * Companies say Bamital defrauded web advertisers By Jim Finkle
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