Tag: cyber crime
LISBON (Reuters) – The “remorseless” growth of cyber crime is leading to 4,000 ransom attacks a day and gangs’ technological capability now threatens critical parts of the financial sector, the head of Europol said on Wednesday. Online criminals have become so sophisticated that gangs have created “conglomerations” with company structures that specialize in different criminal […]
News highlights for 23 April Germany reports cyber crime up over 80 percent BERLIN (Reuters) – The German government registered 82,649 cases of computer fraud, espionage and other cyber crimes in 2016, an increase of just over 80 percent from 2015, a German newspaper reported on Sunday. Read more… T-Mobile notches up gigabit speeds as […]
LONDON (Reuters) – Britain’s intelligence agencies need to do more to help regulators to protect the financial services industry from cyber crime, the head of an influential parliamentary committee said on Monday. Andrew Tyrie, a lawmaker in the ruling Conservative Party, said parliament’s Treasury Committee was concerned about the “opaque lines of accountability”, particularly between […]
MOSCOW (Reuters) – Russian authorities arrested a large number of suspects in May in connection with the recently revealed electronic theft of $19 million from accounts held at the Russian central bank, an official said on Wednesday. The bank said last week that hackers had this year used fake client credentials to steal money from […]
NEW YORK (Reuters) – Six U.S. senators have urged President Barack Obama to prioritize cyber crime at this weekend’s Group of 20 summit in China, in the wake of the theft of $81 million from Bangladesh’s central bank, according to a letter obtained by Reuters. In the letter sent to the White House ahead of […]
In summary of the best practice in security, ScotSecure, event, in Edinburgh last week, I have selected 5 key insights from the conference. 1. Increasing complexity One of the most notable recurring trends was the increasing complexity of the security landscape. A number of speakers explored this issue, explaining how threats had become more sophisticated, targeted […]
WASHINGTON/SAN FRANCISCO (Reuters) – The United States and China have reached an agreement on guidelines for requesting assistance on cyber crime or other malicious cyber activities, the U.S. Justice Department said on Wednesday. The agreement was reached in talks in Washington this week among officials including U.S. Attorney General Loretta Lynch, U.S. Department of Homeland […]
LONDON (Reuters) – British business leaders on Saturday urged police to make cyber crime an urgent priority following an attack on broadband provider TalkTalk, saying firms face continual security breaches. TalkTalk said the private data of its more than 4 million customers could be at risk and that it had received a ransom demand from […]
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