Mere days after Bloomberg News admitted that its journalists could access some client information via the company's financial terminals, it has been revealed that the company inadvertently leaked on the Internet over 10,000 private messages exchanged by its clients.
The sprawling mobile devices marketplace has spawned an industrialized mobile financial fraud plexus that today drives increasingly sophisticated criminal technical innovation to exploit the mobile devices explosion.
The central organizer of a worldwide conspiracy to manipulate stock prices through a “botnet” network of virus-controlled computers was sentenced today to 71 months in prison and was ordered to pay a $30,000 fine.
A valuable asset in the fraud world, money mules enable cybercriminals to cash out stolen money.
A four-count federal indictment was unsealed in Brooklyn charging eight defendants with participating in two worldwide cyberattacks that inflicted $45 million in losses on the global financial system in a matter of hours.
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