Cybercrime Costs on the Rise, HP-Sponsored Study Finds

HP and the Ponemon Institute today unveiled a new security study that shows the cost and frequency of cybercrime has risen for the third year in a row. The 2012 Cost of Cyber Crime Study, conducted by the Ponemon Institute…

Mobile And Social Are The New Frontiers Of Cybercrime

Cybercrime is perhaps the most devastating, yet most preventable, form of crime. Victims can have their lives utterly destroyed by a hacker. Those same victims often share a part in the blame because it could have been easily prevented by…

Bitcoins Are on FBI’s Radar According to Leaked Report

Wired has obtained a new report from the FBI that details the agency’s growing concern that Bitcoins will become an attractive currency for those looking to dabble in some illicit activities without (hopefully) getting caught. I won’t go into the…

Teen Tries to Blackmail Russian Billionaire

A Russian SWAT team recently stormed the house where a 17-year-old student who was living with his mom, to grab his laptop, after linking the computer to repeated murder-for-hire related extortion attempts. The teen had allegedly attempted to blackmail Russian…

Tech Corruption in China [Infographic]

A new chart illustrates the love/hate relationship China has with technology. Having the largest internet user base in the world, along with a country-wide firewall, China has been at odds with the internet, as well as all sorts of corruption…

The Rise of Hacktivism [Infographic]

Depending on who’s telling the story, propagators of today’s cyber attacks are usually labelled either cybercriminals or hacktivists. It’s easy to spot the difference in connotations here; the first is a nefarious, mysterious, generally bad term, while the second lends…

Russian Police Arrest 8 in Carberp Trojan Case

Russian authorities have arrested eight men suspected of using the Carberp Trojan and other malware, to make millions through electronic banking fraud. The men arrested are suspected of being members of a Moscow-based gang that was going after the bank…

Anonymous Timeline Alleges #AntiSec an FBI Creation

Affiliates of the Anonymous movement are no stranger to FBI infiltration. Now, however, the hackers and their supporters are wondering if the #AntiSec group was not only infiltrated by federal investigators, but whether the group was itself a creation of…

Anonymous Attacks Vatican For Third Time in One Week

It’s been a hard past week for the Vatican’s online presence. Since members of Anonymous declared war on religion last Monday, and as a part of the latest retaliatory cyber attacks following the indictment of several suspected hackers, Vatican servers…

Senate Introduces Global Cybercrime Enforcement Bill

The U.S. is trying to dabble in policing the Internet again, but in a vastly different way. Meet S.1469 or the International Cybercrime Reporting and Cooperation Act. The bill was introduced recently into the Senate by Senator Kirsten Gillibrand of…