Weekend news review: July 14-18

Fraudsters market new malware Kronos on underground
Trusteer warns that the financial malware was first advertised last week on a major underground forum. <a style="color: #FFFFFF" href="http://bit.ly/1sVhXgm" target="_blank">Read more</a>
Chinese man charged with hack of Boeing, Lockheed Martin aircraft data
Stephen Su is accused of accessing U.S. firms' systems, including defense contractors Boeing and Lockheed Martin. <a style="color: #FFFFFF" href="http://bit.ly/UfwRSa" target="_blank">Read more</a>
Survey: 77 percent of IT staffers have incorrectly reported the cause of a security incident
An Emulex survey revealed that 77 percent of IT staffers have incorrectly reported the root cause of a security incident to their executive team. <a style="color: #FFFFFF" href="http://bit.ly/1nIKaGV" target="_blank">Read more</a>
Active Directory flaw opens enterprise services to unauthorized access
Microsoft blames a "well known" design limitation in Active Directory's authentication protocol, but researchers who discovered the exploit beg to differ. <a style="color: #FFFFFF" href="http://bit.ly/1naUjwQ" target="_blank">Read more</a>
Report: 31 percent of detected threats in 2014 attributed to Conficker
In a Tuesday hearing, a Senate subcommittee heard testimony from government and private sector security experts over the botnet explosion. <a style="color: #FFFFFF" href="http://bit.ly/1yCboCv" target="_blank">Read more</a>
Compromised Japanese porn websites distribute banking trojan
Popular Japanese adult websites have been compromised to distribute the Aibatook banking trojan, a threat that could make its way to the U.S. <a style="color: #FFFFFF" href="http://bit.ly/1lchcKP" target="_blank">Read more</a>
Report: 31 percent of IT security teams don't speak to company execs
A Ponemon Institute survey found nearly a third of IT security teams don't formally speak with company executives, increasing the risk of attack. <a style="color: #FFFFFF" href="http://bit.ly/1tenYF1" target="_blank">Read more</a>
Chinese hackers breach 50 U.S. gov't contractors' systems in one year
This week, one study found that more than 75 percent of IT staffers have incorrectly reported the cause of a security incident to their company's executives, and another found that nearly a third of IT security teams never speak with company executives. For a deeper look at these news bits, click here to visit our news section.
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