Stratfor Hack Damage Report: 50,000 Credit Cards, 44,000 Passwords

Number of Lulz: Incalculable.
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16 Arrested in Nationwide Hacker Crackdown

The arrests include 14 for a December attack against PayPal, and two connected to a pair of incidents connected to the LulzSec gang. Five others are arrested in the U.K. and The Netherlands.
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Microsoft Battles Cyber Criminals

Microsoft Corp. launched a novel legal assault to take down a global network of PCs suspected of spreading spam and harmful computer code, adding what the company believes could become a potent weapon in the battle against cyber criminals.

75 Percent of All Spam Globally? On Our Backbones? Holy Cow!

According to security experts, Web-hosting outfit McColo is responsible for enabling the broadcast of more than 75 percent of all spam globally. Its client list is a rogues gallery of bad-guy syndicates involved in everything from botnets to counterfeit pharmaceuticals and kiddie porn. So how is it that MoColo’s ISPs, Hurricane Electric and Global Crossing, were unaware of that until notified by a Washington Post reporter?