Attackers have exploited the Shellshock vulnerability - a.k.a. Bash bug - to infect at least 700 Linux systems with malware that includes the ability to launch DDoS attacks. Users of Unix systems are vulnerable.
Leading this week's industry news roundup, IBM opens a new cloud resiliency center to provide business continuity capabilities, and Gemalto launches a solution to enable secure eBanking applications on PCs.
To mitigate the newly discovered Bash bug - AKA Shellshock - which may make millions of systems vulnerable to remote takeover, organizations must take several key steps, says security expert Alan Woodward.
The social media savvy Islamic State frightens most of the world with its gruesome Internet postings of executions and online recruitment of new Jihadists. But is the terrorist group likely to launch cyber-attacks?
Security experts are warning that millions of systems - Apache servers, Linux and Mac systems, and innumerable Internet of Things devices - may be vulnerable to a flaw in Unix that attackers are already using to gain shell access.
Financial institutions are starting to report fraud tied to the massive Home Depot payment card data breach. One card issuer calls the fraud ramp up "much greater than what we saw from Target, Michaels and Neiman Marcus."
A researcher says he tricked the Touch ID biometric fingerprint scanner built into the new iPhone 6, using a fake fingerprint created with glue. But it remains to be seen how well would-be fraudsters could employ this technique.