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The U.S. Department of Justice is charging seven individuals with 27 counts of wire fraud and other computer-related crimes, alleging that the group hijacked 4 million computers across 100 countries in a sophisticated clickjacking scheme.

The IMF is said to have suffered a 'very major breach,' but it's unclear what data was accessed.

Misys is buying fellow financial services software vendor Sophis for ?435 million (US$595 million), creating a company with products for both buy-side and sell-side purposes, the company announced Friday. The deal is expected to close before the end of February.

Researchers in the U.S. and Canada have tracked and documented a sophisticated cyber-espionage network based in China, dubbed Shadow, that targeted computers in several countries, including systems belonging to the Indian government and military.

Denies link to Google-China hacks, which used IE6 zero-day to breach networks and steal info.

China has taken over as the world's most botnet-infested country, as the sophistication and danger of cyberattackers continues to grow, according to Symantec.