News
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Cyber Squared says the solution to cyber crime lies in firms sharing information 24.02.14
The growing number of cyber attacks on U.S. businesses, federal agencies and other institutions could be stymied if the victims of those attacks shared more information about the perpetrators, says Adam Vincent, the chief executive of Cyber Squared. The three-year-old Arlington company hopes to provide the platform where the information gets shared. Its software, called […]
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Groups face the conundrum of cyber crime
Late last year, UK authorities helped to organise a cyber “war game” for institutions in London’s financial district, directing the banks, insurers, asset managers and big businesses of the city to simulate the impact on their operations of a debilitating cyber assault. While many of the players in the game – no actual assets were […]
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Protecting against cyber crime 19.02.14
Malware, spyware, ransomware, botnets, cryptolocker … the terminology of computer hacking is enough to give the owner of any small or medium business a coronary. They are words a Virginia Beach IT expert used liberally during a Hampton Roads Chamber of Commerce event in North Suffolk Tuesday. Martin Joseph is president of 360IT Partners, which […]
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Electronic Crimes Act: Cybercrime to be made non-cognisable offence 17.02.14
ISLAMABAD: The newly formulated draft of Prevention of Electronic Crimes Act 2014 proposes some stringent punishments for cyber crimes but leaves all offences as bailable. Many of the cybercrimes – including cyber terrorism, unauthorised interception, illegal access to information system and programme or data, illegal interference with programme or data, electronic forgery, identity crime and […]
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Cybercrime: House panel moots central agency 13.02.14
NEW DELHI: A parliamentary committee has recommended that a centralised agency be setup to deal with cybercrime as the country has been witnessing a sharp increase in such cases over the past few years. The Standing Committee on Information Technology, chaired by Rao Inderjit Singh, pointed out that there are several agencies involved in maintaining […]
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Cyber crime: Higher losses despite drop in cases 11.02.14
KUALA LUMPUR: Cyber crime or online fraud incurred higher losses, from RM1.7bil in 2012 to RM1.8bil, despite a drop in cases, from 18,386 to 16,661, in the same period. Commercial Crimes deputy director (operation and intelligence) Datuk Abdul Jalil Hassan said the number of cases, despite recording a drop, was still high and attributed this […]