Many U.S. small businesses are taking a passive approach when it comes to protecting their data leaving themselves vulnerable to data loss and possible financial and reputational damage.
Eight alleged members of an international cybercrime, money laundering and identity theft conspiracy have been federally charged in New Jersey with a scheme to use information hacked from customer accounts held at more than a dozen banks, brokerage firms, payroll processing companies and government agencies in an attempt to steal at least $15 million from U.S.
Last week's disruption of nearly 1500 Citadel botnets believed to be responsible for over half a billion US dollars in financial fraud and affecting more than five million people in 90 countries has been welcomed by most security experts, but not all.
A day before U.S. President's scheduled meeting with Chinese President Xi Jinping, a new act that aims to punish criminals engaging in cyber spying and theft on behalf of foreign governments has been presented to U.S.
Pirate Bay co-founder Gottfrid Svartholm, who has been extradited from Cambodia to Sweden to answer for allegedly hacking of Swedish IT company Logica and the Nordea bank mainframe has been named as suspect in another hacking case.
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