Kim Dotcom picks Me.ga domain for his Megaupload sequel

Notorious Megaupload founder Kim Dotcom will soon launch a new file-sharing service similar to the one that got him in trouble in the first place, with the newly picked URL Me.ga.

Tenable wields $50M sword in battle against cybercrime

Tenable Network Security has taken $50 million in its first round of funding for its software that protects against cyber crime.

Cyber crime black market almost as big as illegal drugs industry now

Crime is all around us. But while you might most readily associate the word “crime” with having your purse/wallet snatched or being mugged, you are much more likely to have your pockets picked online.

According to Rasmussen College, whichgrabbed research …

The wild wild web: top U.S. cyber-cop says we’re losing the war against computer criminals

The outgoing executive assistant director of the F.B.I., Shawn Henry, is not leaving on an optimistic note. “We’re not winning,” the nation’s top cyber-cop told the Wall Street Journal. ”I don’t see how we ever come out of this without …

There’s a new sheriff in town: Microsoft leads raids on big time botnets

On Friday of last week, U.S Marshalls entered office buildings in Pennsylvania and Illinois that are believed to be home to some of the biggest botnet armies on the web. But the law enforcement was just backup for the real …

The FBI wants to spider social media to prepare for the worst

The Federal Bureau of Investigation is creating a tool that will crawl Facebook, Twitter and more to catch emergencies before they happen.

According to a posting on the Federal Business Opportunities website, the FBI’s Strategic Information and Operations Center (SOIC) …

Set hidden traps for cyber criminals with Mykonos Software

Mykonos Software sets “tar traps” to catch of cyber criminals trying to hack your Web app. The company announced a $4 million first round of funding today.

“After 20 years of leading technology companies that sell to large enterprises, I …

Consumers will lose $10M to cyber crime this holiday season

Over $10 million will be intercepted by cyber criminals this holiday season, as consumers turn toward the Internet for their presents.

Online shopping around the holidays has increased 10 percent since the same time in 2010, to around $30.9 billion …

“Snitches get stitches.” LulzSec seeks payback after UK arrest

Hacker group LulzSec has identified and released private information about the names of two individuals that might have led to the arrest of a 19-year-old U.K. man suspected of being a member of the group.

The new release recalls tactics …