CIO.com blogger Constantine von Hoffman shares a special Thanksgiving week IT security roundup with stories from the past year on China's complaints about Chinese hackers; compromised computers at the DoD; fictional cybercrime stats; the Big Bay Boom; and more. Beijing Upset About Chinese Hackers: China, the world’s go-to suspect when it comes to IT security, is finally acknowledging its hacking problem. Beijing also started a campaign to crack-down on non-government-approved Chinese hackers who stole personal data from 100 million people in January. Irony is a dish best served … with mu shu pork and maybe a side order of white rice. Best quote from Chinese-news site Caixin’s story on the subject: “China’s Ministry of Industry and Information Technology … denounced the slew of hackings, saying they infringed on Internet users’ legal rights.” LulzSec, Antisec and Anonymous Learn about Honor Among Thieves: Authorities arrested three people allegedly affiliated with LulzSec, Anonymous and Antisec based on information from a fellow group member turned informant. Hector Xavier Monsegur, the alleged former leader of LulzSec who went by the code name “Sabu,” rolled over on his comrades after being arrested last August. Defense Department’s Computer Networks Totally Compromised Global Payments: “Only” 1.5M Credit-Card Numbers Stolen: Global Payments announced in April that it had “contained” an incident in which fewer than 1.5 million credit card numbers were hacked. And that’s actually good news. Sort of. When Visa and MasterCard first alerted banks to the incident, the estimate was around 10 million. Russian Security Firm Says Cost of Russian Cybercrime Doubles in a Year: Russia’s cybercrime market is now valued at $2.3 billion, nearly double last year’s total of $1.2 billion, according to an April report by Russian security firm Group-IB. Unfortunately the report gives no information on the data that the statement is based on. NSA Cites “Personal Privacy” as Reason to Not Tell Congress How Many Americans It Spied On Computer Virus Blamed for Shooting off $400,000 worth of Fireworks in 15 Seconds: Yahoo! Gives Away 400,000 User Passwords: Data was stored without encryption. Norton 2012 Cybercrime Report Pretends 2011 Report With Made Up Statistics Didn’t Happen AntiSec Lies About Hacking FBI Computer Press Goes Hysterical Over Bank DDoS Attacks That Do Nothing More Than Inconvenience Customers Sophos Antivirus Software IDs Itself as Malware Related content opinion Why Bitcoins are Just as Viable as Any Other Currency The true value of any currency is a reflection of how much people believe it's worth, according to CIO blogger Constantine von Hoffman. But it's wise to remember just how fast beliefs can change. By Constantine von Hoffman Apr 15, 2013 4 mins Government Technology Industry opinion No Surprise: Docs Show Obama Administration Lying About Drones President Obama has repeatedly said drones would only be used against members of al Qaida and allied groups. However, leaked intelligence documents show the administration has been using them to settle political and tribal feuds for at least four yea By Constantine von Hoffman Apr 10, 2013 3 mins Regulation Government opinion How Big Data Can Quickly Become Big Garbage The bigger the data the bigger the chance of mistakes or inaccuracies. In that vein, a large database used by retailers to screen people accused of stealing from employers is identifying innocent people and could result in major lawsuits, according t By Constantine von Hoffman Apr 04, 2013 2 mins Big Data opinion Why Crazy Trumps Logic on the Internet The earth is flat. Vaccines cause autism. 9/11 was a government conspiracy. These are just a few of the many ideas that continue to find adherents online despite overwhelming proof that they're not based on fact. CIO.com blogger Constantine von By Constantine von Hoffman Apr 02, 2013 3 mins Government Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe