Hijacked social networking accounts can be monetized in a number of ways, so cyber crooks are always thinking up new ways of doing so, preferably without the user noticing.
Back in May, NSS Labs shared the results of their testing of how successful popular Web browsers are in detecting malware, showing that the latest versions of Internet Explorer (10) and Chrome (25/26) were considerably more effective that those of Safari (5), Firefox (19) and Opera (12): Their latest testing and reports concentrate on phishing protection and privacy settings.
Late last week, Google has announced that submissions to the Chrome Web Store will, from now on, be checked for malware.
Facebook users - especially those in Brazil - are being targeted with malicious browser extensions trying to hijack Facebook profiles, warns Microsoft.
The Pwn2Own competition is underway at the CanSecWest conference in Vancouver, and during the first day of competition Java, IE 10, Firefox and Chrome were successfully "pwned" by various competitors, bringing them tens of thousands of dollars in prizes.