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Cybercrime

A security breach at Heartland Payment Systems Inc. appears to have led to a forced stock sale by the company’s chief executive officer and his wife. Last week, the company revealed that Robert O. Carr and his wife, Jill, had to sell a total of 692,412 shares of Heartland stock they owned that was...

A global flash mob of ATM thieves netted $9 million in fraud against ATMs in 49 cities around the world. The computer system for a company called RBS WorldPay was hacked. One service of the company is the ability for employers to pay employees with the money going directly to a debit card that can [...

In 2007, the domestic market for Chinese virtual goods was estimated at $900 million and 45% of that directed at Tencent online products, the owner of QQ. A QQ coin, which has been described as a possible dual-currency for the number of items it can purchase outside of QQ, is priced at 1 yuan (15 [&...