Tag: cybercrime

Software flaws used by hackers doubles

Software flaws used by hackers doubles

Written by on April 12, 2016 in News with 0 Comments

SAN FRANCISCO (Reuters) – The number of previously unknown software flaws used by hackers more than doubled last year, a new report says, in another sign of the increasing sophistication of cybercrime and online espionage. Secret vulnerabilities in computer programs are especially prized by criminal gangs, law enforcement and spies because software vendors have not […]

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Stopping industrial cybercrime ‘like playing Whack-A-Mole’

Stopping industrial cybercrime ‘like playing Whack-A-Mole’

Written by on June 25, 2015 in News with 0 Comments

SYDNEY (Reuters) – Hackers steal $160 billion worth of intellectual property from Western companies every year, according to cyber-security experts. The damage, they say, is incalculable and Western governments have made it a priority to protect their nations’ commercial assets. But try telling that to Donald McGurk, chief executive of Australian communications, metal detection and […]

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European cybercrime sweep nets dozens

Written by on June 11, 2015 in Snippets with 0 Comments

AMSTERDAM (Reuters) – Police have arrested 49 suspected members of a cybercrime syndicate in Spain, Poland and Italy who are suspected of stealing million of euros from European bank accounts, Europol said on Wednesday. Police raided 58 locations as part of the investigation into online “phishing” scams used to transfer money from bank accounts across […]

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Kaspersky claims cybercrime nets up to $1 billion from banks

Kaspersky claims cybercrime nets up to $1 billion from banks

Written by on February 16, 2015 in News with 0 Comments

(Reuters) – A multinational gang of cyber criminals has stolen as much as $1 billion from as many as 100 financial institutions around the world in about two years, Russian computer security company Kaspersky Lab said on Saturday. The company said it was working with Interpol, Europol and authorities from different countries to try to […]

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