Security Updates
In IT & Audit News readers will find summaries and links to the latest government, security, software, and other IT and audit news stories from various sources.
Security Updates
New Code Penalizes Fraud Victims
UK security experts warn that new banking rules could make customers liable for online fraud losses.
http://www.itweek.co.uk/itweek/news/2214449/code-victims-liable-bank-fraud
Payment Fraud Prevention Efforts Are Still Ineffective
European Commission worries that recent efforts to prevent electronic payments fraud are ineffective and undermining citizens' confidence in buying and selling over the Internet.
http://cwflyris.computerworld.com/t/3199585/158206451/110895/0/
Patches to Fix 10 Vulnerabilities in Microsoft Products
Microsoft issued five critical security patches to address vulnerabilities in Windows, Microsoft Office, and Internet Explorer, covering a total of 10 vulnerabilities.
http://www.news.com/8301-10784_3-9914251-7.html?tag=cd.blog
Encryption Alone Is Not Enough
Princeton University researchers discovered an attack that defies encryption efforts.
http://www.cio.com/article/329114?source=nlt_cioinfosec
Apple Patches Security Vulnerabilities
Apple issued fixes for 11 vulnerabilities, nine of which allowed attackers to execute malicious code on computers.
http://www.informationweek.com/news/security/client/showArticle.jhtml?articleID=207001887
Three Percent of Internet Traffic Could Be Malicious
One percent to 3 percent of all Internet traffic consists of meaningless packets of information used in distributed denial-of-service attacks.
http://www.csoonline.com/article/326013/Up_to_Three_Percent_of_Internet_Traffic_is_Malicious_Researcher_Says
Online Crime Takes Back Seat to Reputational Damage
Global survey of 7,500 security professionals found that reputational damage is the number one hot topic among information security leaders.
http://www.cio.co.uk/concern/security/news/index.cfm?articleid=2761&pagtype=allchantopdate

