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Tag: cybercrime
Cost Per Cybercrime Victim Skyrockets
2013-10-02 04:35:42| PC Magazine Security Product Guide
While the number of people who have been victims of cybercrime was on the decline this year, the cost per victim is up 50 percent, according to a new report from Symantec.
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skyrockets
Cybercrime cost Canadians nearly $3.1 billion over past year
2013-10-02 01:36:40| Wireless - Topix.net
We're not talking about scandals here, rather those instances when a competitor loses his or her pants, exposing them to embarrassment on the playing field - to the delight of spectators.
Cybercrime costing economy up to $500B a year, study finds
2013-07-23 17:57:21| CNET News.com
Real-world losses due to cybercrime add up to between $100 billion and $500 billion globally, and more than 500,000 jobs in the U.S. alone, according to report commissioned by McAfee. [Read more]
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EU sets tougher penalties for cybercrime
2013-07-04 16:12:00| Telecompaper Headlines
(Telecompaper) The EU has agreed to tougher penalties for cyber criminals under a draft directive passed by the European Parliament. The parliament earlier reaching a preliminary agreement with the EU Council on the text of the directive, and the Council is expected to give its final approval soon. The law sets a minimum penalty of two years for crimes such as illegally accessing or interfering with information systems, illegally interfering with data, illegally intercepting communications or intentionally producing and selling tools used to commit these offences. Setting up botnets will result in at least three years in prison, and attacks against critical infrastructure, such as power plants, transport networks and government networks, can lead to a five-year prison sentence. Companies can also be held liable for offences committed for their benefit, such as hiring a hacker to spy on competitors. In addition, member states will be required to respond more quickly to urgent requests for help in the event of cyber attacks. They will have to make better use of the existing 24/7 network of contact points in order to respond to urgent requests within eight hours. Member states will have two years to implement the directive in their legislation once it has been passed by the council.
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cybercrime
U.S. charges 8 in $45M global cybercrime scheme
2013-05-10 01:43:31| CNET News.com
New York-based cell used information gleaned from two hacks to create bogus debit cards to quickly steal millions from bank machines in Manhattan. [Read more]
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45m