This week too was quite an eventful one for the IT Security world, as the others in the past. It included a tale about how a $50,000 Twitter account was hacked, arrest of a CEO, Angry Birds, and ChewBacca – the new malware in town.
#1. An interesting tale of how a man lost his $50,000 Twitter user name. Detailed story here.
#2. Bitcoin Exchange CEO arrested for involvement in money laundering and running an unlicensed money transmitting business. Read the complete story.
#3. Apparently, U.S. and U.K. intelligence agencies have been mining user information from popular game Angry Birds. In response, hackers defaced the game’s website. Complete story here.

#4. Yahoo resets user passwords following a nasty cyber attack on Yahoo mail; implements an extra verification step during sign in. More about this news here.
#5. Meet “ChewBacca” – the new darling of hackers. Despite being a less-sophisticated threat, it managed to steal payment card information from point-of-sale terminals of small retailers in 11 countries. Know about this malware here.



