The cryptography work of three GCHQ workers in the 1970s – a decade before the precursors to today's internet got under way – has been recognised in an awards ceremony carried out this morning.

The advent of sophisticated new malware such as Stuxnet could hamper the development of cloud computing and consequently economic development, Microsoft CEO Steve Ballmer said on Tuesday.

The Stuxnet worm marks a watershed in IT security management, says Thomas de Maizière, German minister of the interior.

A survey of more than 9000 adults in the UK, US, Europe and Canada, has revealed that internet users in the UK feel more at risk from banking fraud than ever before.

Symantec has published an in-depth report on the Stuxnet malware in which it notes that, whilst the worm was first discovered in July, it is known to have existed at least one year prior and likely even before.

The police cybercrime unit can tackle only 11% of the 6000 known organised criminal gangs that regularly use computers for illegal purposes, the head of the Metropolitan Police admitted at the weekend.

In the days of dial-up modems, malware authors developed trojans and other black code that dialled premium rate numbers in the background and so generating revenues for their criminal gangs. Today, thanks to the arrival of landline broadband, the process of background premium rate calls – driven by malware – has migrated to mobile phones.

Adobe plans to release updates on October 5 for Adobe Reader 9.3.4 for Windows, Mac and UNIX, Adobe Acrobat 9.3.4 for Windows and Mac, and Adobe Reader 8.2.4 and Acrobat 8.2.4 for Windows and Mac to resolve critical security issues.

Stuxnet, the computer worm considered to be the world's first cyber weapon, has hit millions of computers in China.

The European Commission has proposed a new directive on attacks against information systems to replace current, outdated frameworks.

Just like the Greek god that is its namesake, Zeus is the king of bank fraud trojan viruses, having been used by thousands of criminals to scam perhaps hundreds of millions of dollars from banking customers around the world for years. The recent busts of Zeus fraudsters in the US and the UK are just the tip of a vast underground of fraud and deception, according to information security analysts consulted by Infosecurity.

The German government's new national ID card – which will start being issued this November – has been publicly hacked on TV by members of the infamous Chaos Computer Club.