Security flaw in iOS lets hackers spoof texts

While dedicated hackers can be an annoyance to companies like Apple, they can sometimes be helpful when it comes to digging up potentially devastating security vulnerabilities.

NetAuthority: saving your bank account from the Russian mob, one algorithm at a time

Imagine this: you phone your bank, asking a service rep to pay a phone bill and transfer money from savings to checking. Only, instead of talking to the bank, you're speaking to a crook who is talking to you on one phone ... and your bank on the other. And when you provide him with all the authentication details your bank requires, he loots your account and transfers your funds into accounts he controls.

Wikileaks: CIA-connected private intelligence firm TrapWire watching Americans

The latest WikiLeaks release has shone a spotlight on an alleged domestic and foreign surveillance program run with cloud-based software provided by Texas company TrapWire, many of whose top leaders and employees are former members of three-letter American intelligence agencies.

Hack reveals Apple, Amazon’s gaping security flaws

A horrifying hack of one journalist's data was only possible thanks to an appalling lack of security in iCloud -- and a correspondingly bad security process at Amazon.com.

Reuters blog hacked, fake interview with Syrian rebels posted

Reuters' blogging platform was hacked today, allegedly by Syrian hackers loyal to President Bashar al-Assad.

Bit9 raises $34.5M to fight cybercrime (and maybe the League of Shadows)

Online security company Bit9 just announced the close of $34.5 million funding from some of the biggest names in venture capital. This is Bit9′s fourth round, and it’s led by Sequoia Capital. The round also includes existing investors Atlas Ventures, …

Blade Runner for real: The days of augmenting human bodies with “mods” are coming

Do you want legs that let you jump 10 feet high? Or a body that “impresses chicks”? Or a brain that can be electronically pulled back from extreme depression? Computer experts of today think that the day will be coming …

Apple eyes security, buys fingerprint sensor company AuthenTec for $356M

Expect integrated security to be a much more prominent feature in future iOS devices, Mac computers, and networking hardware. Apple announced today that it has bought AuthenTec, maker of a wide variety of security solutions, for around $356 million.

AuthenTec …

Apple talks about securing iOS devices in rare Black Hat appearance

Over 80 percent of iOS users are running Apple’s latest operating system, which the company says is the most secure version of the mobile operating system available. But that’s not enough for Apple.

The company’s head of platform security, Dallas …

We suck at security, study says [infographic]

Secure collaboration firm WatchDox just released the results of a document security study by the Ponemon Institute. And the consensus is that we suck at security.

Surveying more than 600 IT and security pros with an average 11 years of …

‘A’ for effort: Mom hacks school system to change her kids’ grades

Sometimes when you do what’s best for your kids, you can go a little overboard. A mother in Pennsylvania has allegedly hacked into her children’s school records to boost their grades and browse administration emails, ABC News reports.

Catherine Venusto …

Russian hacker Borodin says it’s game over for iOS exploit, focusing on Mac

It’s been 10 days since Russian hacker Alexey Borodin unleashed hell for Apple with his iOS in-app purchasing exploit. But after successfully countering some of Apple’s attempts to shut him down, Borodin is calling it quits on his iOS hack. …

Apple U-turns on Clueful app approval (what don’t they want us to know about iOS privacy?)

Apple has pulled security software vendor Bitdefender’s Clueful app from the app store.

Clueful is an app that examines other applications on your phone or iPad and tells you what they’re doing: accessing your address book, using location services such …

Tin-hat crowd, welcome to the Wi-Fi-blocking wallpaper of your dreams

Perhaps you’re like the seagulls in Pixar’s Finding Nemo, screeching “mine, mine, mine.” Or maybe you have ultra-top-secret data on your internal network, such as grandma’s Never-Better Peanut Chocolate Chip cookies.

In either case, the French are developing a wallpaper …

Dropbox: yet another security kerfuffle?

Dropbox may be having yet another bad security day.

Dropbox users are complaining on the forums that email addresses they’ve used only for cloud storage and sharing service are getting spam … which leads them to believe that Dropbox has …

Google’s Project Glass will lock down when it senses theft, patent shows

When developers finally get their $1,500 Project Glass units next year, they’ll be prime targets for envious gadget geeks, spies from rival companies, or anyone looking to make a quick buck. Luckily for them, it looks like Google has come …

Funding Daily: investment news best served with a glass of wine

Now that we have survived the bad luck of Friday the 13th, the fireworks and wine-saturated festivities of Bastille Day, and the ides of July, it is time to dive back into the world of venture capital. There was quite …

Cisco snaps up stealthy security startup Virtuata

Virtuata, we hardly knew ye. Ye never publicly launched, and now ye have been folded into the megalithic monster that is Cisco.

Here’s what we did know about ye: Virtuata was a Silicon Valley startup based way the heck down …

Some Facebook games no longer ask permission to access your profile information

Zynga, Kixeye, and Electronic Arts have worked a deal with Facebook to allow users to start playing their games without having to agree to any dialogue boxes.