Microsoft turns bounty hunter to fight IT crime

Thursday, 3 November 2005, 4:03 AM EST

While the internet is providing new opportunities for businesses and consumers, its success is also making it a lucrative ground for criminals.

Organised crime syndicates and individual hackers are exposing flaws in IT products and consumer knowledge to steal money, costing UK businesses £2.4bn last year.

By Daniel Thomas at vnunet.

[ Read more ]




Spotlight

How security pros deal with cybercrime extortion

1 in 3 security professionals recommend negotiating with cybercriminals for the return of stolen data or the restoration of encrypted files. 86% of security professionals believed their peers at other organizations have brokered deals with cybercriminals.


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