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Cybercrime

“A Christmas Eve cyberattack against the Web site of a regional California financial institution helped to distract bank officials from an online account takeover against one of its clients, netting thieves more than $900,000.” Source: DDoS Attack on Bank Hid $900,000 Cyberheist — Kreb...

“A growing dependence on the internet is putting Europe in increasing danger from cyber criminals, senior European detectives have warned. They say individuals and businesses in the EU will face a rapidly growing threat from African fraudsters, as the IT infrastructure there improves.” S...

“A recent survey by PricewaterhouseCoopers (PwC) reveals that about one third of companies in Brazil (32%) was victim of cyber attacks last year. The world average is lower: 23%. In Brazil, 8% of the companies attacked had losses greater than $ 5 million. In total, hackers stole $ 1 billion fr...