"Russian cyber-security experts have scaled back cooperation with Western contacts after one of their number was arrested in Moscow on treason charges, making it harder to fight global online crime, …
Indian police bust $550-million internet scam that duped thousands
"Indian police have busted an internet scam in which around 650,000 people lost a combined 37 billion rupees ($549 million) after sending money to a company that promised they would earn cash by …
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Rogue tweeters in government could be prosecuted as hackers
"Employees or former employees publishing unauthorized messages on official accounts could be prosecuted under the U.S. Computer Fraud and Abuse Act, which prohibits someone from exceeding authorized …
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Hackers Set Up Ad-Watching Network to Make $3M to $5M Daily
"Hackers built an elaborate network of robot browsers to view video ads, making the group behind it approximately $3 million to $5 million every 24 hours, according to a report. Security firm White …
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Cyber Thieves Swipe Cash from 20,000 UK Bank Accounts
"Tesco Bank froze online transactions for its customers after detecting suspicious activity on about 40,000 accounts—and fraudulent withdrawals from about 20,000 of them." Source: Cyber Thieves Swipe …
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A FBI Primer on DarkNet Marketplaces
"Last week, the FBI joined a number of other U.S. law enforcement agencies in Operation Hyperion, a successful international action aimed at disrupting the operations and infrastructure of illicit …
Into the Gray Zone: The Private Sector and Active Defense against Cyber Threats
A new report from the GW Center for Cyber and Homeland Security offers the most comprehensive assessment to date of the legal, policy and technological contexts that surround private sector …
Examining the costs and causes of cyber incidents
"We believe the analysis provided in this article will be relevant in a number of ways to firms, policy makers, consumers, and particularly insurance companies. First, this research has uncovered an …
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U.S. taxpayers are paying intelligence contractors to browse Facebook, watch porn, and commit crimes
"Between 2013 and 2015, the Intelligence Community’s Inspector General, the watchdog entity overseeing 16 federal intelligence agencies, investigated dozens of instances of employee misconduct and …
SWIFT CISO: Cyber Threat ‘Persistent’
"Alain Desausoi describes threat as persistent, and says there's been progress in combating it via new SWIFT initiatives. Fraudulent payment instructions continue to haunt member banks of SWIFT even …
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