For reporting a major vulnerability flaw in Facebook, a Cebu-based IT security professional has been rewarded $4,500 (about P195,000) under the social networking giant?s ?bug bounty program?.
PinoyHackerNews pointed out that the LGU shared the same server with the two comprised school sites. It, thus, warned that 170 other sites which are hosted on the same server could be attacked as well.
The study is a groundbreaking initiative after years of guesswork and innumerable attempts to quantify the costly effects of cybercrime on the US and world economies.
A report said the targeted cyberespionage attacks are increasingly hitting the manufacturing sector as well as small businesses, which are the target of 31 percent of the attacks.
This campaign, which targets several entities in the Asia Pacific region, was first noticed by Trend Micro in February of 2013. It also later used the Boston Marathon bombing as social engineering bait in April.
[Government email and online transactions will now have an additional layer of security with the introduction of Public Key Infrastructure (PKI), which uses digital certificates and dual encryption keys in securing data.
Amar Mehta, Cyberoam country manager for the Philippines, said during a recent press briefing that the local subsidiary will provide support for distribution to further grow the Cyberoam brand in the country.
A united and global participation is best approach to fight cybercrime as it has become very big in scope and impact, according to a computer security expert.
Hosted on a free Web hosting site, it prompted users for Facebook login credentials, calling the video a ?social plugin?. The phishing page contained an image of a fake YouTube video of Rita Ora in the background.
