They are well organized. They pay close attention to product quality, working hard to make it effective and scalable. They are all about customer service, providing after-sales support. They even solicit the help of their customers in product development.
All admirable qualities. But all in the service of theft.
They are malware merchants; in the business of helping others steal from legitimate businesses and innocent consumers. And they have evolved to the point where they operate much like the legitimate software industry. It is possible to buy malware from what amounts to an app store, or to contract for malware as a service (MaaS).
"The life cycle of [malware] products is the most amazing aspect," writes Pierluigi Paganini, a certified ethical hacker and founder of Security Affairs in Italy, in an article posted this past week on Infosec Island. "From design to release to after-sales support, each stage is implemented in every detail with care and attention." Read more...
A defiant Oracle Thursday vowed to continue its legal battle against rival SAP after a federal judge in California threw out the $1.3 billion judgment the company had won against SAP late last year. In a statement released shortly after the verdict, Oracle said it intends to "pursue the full measure of damages" it believes SAP owes it for the theft of its intellectual property.
"There was voluminous evidence regarding the massive scope of the theft, clear involvement of SAP management in the misconduct and the tremendous value of the intellectual property stolen," Oracle said, "We believe the jury got it right."
In a development not entirely unexpected, U.S. District Court Judge Phyllis Hamilton in Oakland, Calif., today upheld SAP's request that the court lower the $1.3 billion in damages that a jury late last year ordered it to pay Oracle. In announcing the decision, Hamilton called the jury award "grossly excessive" and asked that Oracle either accept a lower $272 million payment or submit to a new trial. Read more...