Articles Tagged with ''cybercrime''

The cost, frequency and time to resolve cyberattacks continue to rise for the fourth consecutive year, says a report by the Ponemon Institute.

As many as 508,000 U.S. jobs may have been lost as a result of cybercrime, as well as $100 billion in losses, a new report says. 

The job interview was going well when the young man made a confession: his printer was broken.

MBR-related malware reports increased 30 percent in the first quarter, and McAfee Labs note a resurgence in social media worms as well.

An alleged $6 billion money-laundering cyber network that helped hide illegal transactions worldwide has been busted.

An alleged international gang of cyber thieves managed to steal $45 million from thousands of ATMs in carefully coordinated attacks conducted in a matter of hours.

The latest report of Chinese cyber-espionage hits U.S. defense computers as the nation increases its defense budget and works to build an aircraft carrier fleet and stealth planes. 

Latin America is the new hot target for cyber criminals -- especially when it comes to illegally tapping into government, finance or energy agencies.

The cyber crisis impacting U.S.-based enterprises is often swept under the IT rug as a technology issue to be delegated to and resolved by information technology experts who have little to no view on the overall organization’s business or risk issues. At the recent RSA Security Conference, session after session and meeting after meeting, researchers, CSOs and consultancies voiced the same issues: It’s a business problem, not a technology problem, because you're not securing IT – you need to secure the business.

While gang members are 70 percent more likely to commit Internet crime, they are not often involved in cyber crimes like phishing or commercial hacking due to a lack of skill.