Russian hackers pose an increasing threat

Thursday, 12 August 2004, 8:39 AM EST

At the end of last month, police arrested members of an online extortion ring that cost British companies up to $110 million.

Russia, with its highly educated workforce and inefficient police force, has become infamous for computer piracy and crime.

"People used to be scared of the Russian mafia. Now they are scared of Russian hackers," police Lieutenant-general Boris Miroshnikov told President Vladimir Putin last Wednesday, according to Itar-Tass news agency.

Last month, British police announced a joint operation had smashed a small group of Russian hackers who had extorted money from British banks and betting firms. But Russian police said this particular racket was just the tip of the iceberg.

At Stuff.co.nz

[ Read more ]





Spotlight

Cyber espionage campaign uses professionally-made malware

Posted on 20 May 2013.  |  A massive cyber espionage campaign has been hitting government ministries, IT companies, academic research institutions, and more.


Daily digest

By subscribing to our early morning news update, you will receive a daily digest of the latest security news published on Help Net Security.
  

Weekly newsletter

With over 500 issues so far, reading our newsletter every Monday morning will keep you up-to-date with security risks out there.
  

 
DON'T
MISS

Mon, May 20th
    COPYRIGHT 1998-2013 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //