A Closer Look At Security Insurance

An inside look at a California-based engineering company defrauded by an online banking Trojan, automated clearing house transfers, East-coast based money mules, yet the company was holding a cybersecurity insurance policy and looks to recover all of its stolen funds. Read the full article. [KrebsonSecurity]

Botnets Evolve, Adapt, Expand Spam Volume

Compromised (zombie) machines accounted for more than four in five
(83.4 per cent) of an estimated global volume of 107 billion junk mail
messages sent out every day during 2009. Read the full article. [The Register]

Where Are We A Year After McColo Shutdown?

In the year since the shutdown of notorious Web hosting firm McColo, spammers are growing strong. Part of this is the result of improvements by botnet operators. Like anyone who is successful what they do, the people controlling the most powerful botnets in cyber-space learn from their mistakes. Security researchers discussed how.

From Light Blue Touchpaper (Richard Clayton)

On 11 November 2008 McColo, a Californian server hosting company, was disconnected from the Internet. This took the controllers for 6 major botnets offline. It has been widely reported that email spam volumes were markedly reduced for some time thereafter. But did disconnecting McColo only get rid of “easy to block” spam? Read the full story [Light Blue Touchpaper].

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