Technology News for November 10, 2007

Modern-day tech startups tread carefully There are a few hurdles between Landy Ung and her dream of growing her startup into a household name. One is the fact that her only outside funding comes from her mom’s fried chicken restaurant, another is that her only full-time programmer is her boyfriend, who has a day job.

IndiaTimes website ‘attacks visitors’ Visitors to the IndiaTimes website are being bombarded by malware, some of which appear to target previously unknown vulnerabilities in Windows, a security researcher warns.

In all, the English-language Indian news site is directly or indirectly serving up at least 434 malicious files, many of which are not detected by antivirus software, according to Mary Landesman, a senior security researcher at ScanSafe. She said at least 18 different IP addresses are involved in the attack.

“The end result of the compromise is that the user, going through their normal course of activities, is subject to a really massive installation of malicious files,” she told us. “Coupled with the low detection by antivirus vendors, it does put the end user in a very vulnerable position.”

Survey: Intel Ahead of AMD on Server Customer Loyalty Intel brand server processors enjoy higher levels of loyalty among enterprise x86 customers than rival AMD, although system purchases are largely influenced by vendor brand and other non-processor factors, according to a survey conducted by Gabriel Consulting Group (GCG).

Botmaster owns up to 250,000 zombie PCs An American computer security consultant on Friday admitted using massive botnets to illegally install software on at least 250,000 machines and steal online banking identities of Windows users by evesdropping on them while they made financial transactions.

John Kenneth Schiefer, 26, of Los Angeles, pleaded guilty to four felonies, including accessing protected computers to conduct fraud, disclosing illegally intercepted electronic communications, wire fraud and bank fraud. He faces a maximum sentence of 60 years in federal prison and a fine of $1.75m, according to documents filed Friday in federal court.

Infamous Russian malware gang vanishes A Russian gang allegedly hosting malicious software abruptly disappeared this week, according to Trend Micro.

The Russian Business Network, which allegedly was heavily involved in hosting packing kits–development suites for malicious software–suddenly dropped off the Internet on Tuesday, the Tokyo-based security company said.

CrunchRumor: Sony launching 16GB Memory Stick at CES? The word is that at CES in January, Sony is going to be dropping 16GB Memory Stick Pros, doubling the current top-end of 8GB. If true, then Memory Stick might not be a back-seat format anymore, and might get a chair at the grown-up’s table.

Trend Micro Offers Free Security Service For Sony PS3 Trend Micro today launched a new Web security service for Sony’s Playstation 3 (PS3) game console.

Trend Micro claims that as game consoles with Web browsers proliferate, so too will security problems. To date, however, such risks remain largely theoretical.

Hacker Pleads Guilty to Spreading Botnets A hacker has pleaded guilty to infecting hundreds of thousands of computers with malware in order to steal money from Paypal accounts. He could spend 60 years in prison and face a US$1.75 million fine.

Need mobile spyware? Look on eBay Think your wife may be cheating on you? Wondering who your boss might be talking to? “Learn the truth. Spy today.”

So reads an ad for “Bluetooth Spy Pro-Edition,” one of nearly 200 mobile phone spyware products currently listed for sale on eBay.