Tag Archives: Cyber crime

Raytheon’s Thomas Kennedy: Threats Target Nat’l Defense, Infrastructure Amid Increased Connectivity

Thomas Kennedy, chairman and CEO at Raytheon, has said nation states, cyber criminals and “hacktivists” pose a threat to infrastructure, businesses, individuals and national defense, The Financial News and Daily Record reported Friday. Kennedy noted at the Davis Leadership Forum at Jacksonville University in Florida that current cybersecurity vulnerabilities exist …

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ThreatMetrix: 130M Fraud Attacks Detected in Q1 2017

A new ThreatMetrix report says the security company has uncovered 130 million fraudulent attacks from January to March and found that the volume of digital wallet transactions increased 80 percent on a year-over-year basis. ThreatMetrix said Thursday it evaluated cyber crimes that the ThreatMetrix Digital Identity Network detected during the first quarter of …

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Hitachi Data Systems, Above Security Form North America Region Consulting Partnership

Hitachi Data Systems and Above Security have forged an alliance to offer information security consulting services in North America which will follow a unified governance, risk and framework. Above Security said Tuesday the partnership will look to address security issues through collaborative partnerships with customers as opposed to the use of quick-fix technologies …

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Fortinet Supports Interpol Operation to Expose Global Online Fraud Ring

Fortinet‘s threat intelligence reports have helped Interpol to uncover a group of fraudsters that stole more than $60 million from businesses worldwide through online scams. Fortinet said Monday threat information cooperation between its security research unit FortiGuard Labs and Interpol led to the exposure of the cyber fraud ring behind thousands of 419, dating and Alibaba scams as well as financial …

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Bob Griffin: IBM i2 Criminal Investigation Software Analyzes Data Relationships

IBM has released a criminal investigation software tool that works to uncover cyber crime through analysis of huge volumes of data from multiple sources and find both correlations and connections between data. “While most organizations understand how big data can help prevent the ever increasing threat of cybercrime, they are so overwhelmed by massive data …

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Former DOJ PC Crime Chief Michael DuBose to Lead Kroll Cyber Practice

Altegrity‘s Kroll subsidiary appointed former Justice Department computer crime and intellectual property section chief Michael DuBose as cyber investigations practice leader and managing director. Kroll said DuBose will oversee the practice within the subsidiary’s business intelligence and investigations group. Robert Brenner, Kroll’s vice president of business intelligence and investigations in …

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US, Romania Bust Online Fraud Ring

A collaboration between U.S. and Romanian law enforcement agencies has disrupted an ongoing Internet fraud scheme conducted by several networks of organized cyber criminals, including more than a hundred recent arrests and searches in Romania, the FBI announced. According to U.S. court documents, conspirators in Romania would post items for …

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Blackmail Email Scam Targets Physicians

The FBI’s cyber crime center is warning about an email scam that targets doctors and attempts to extort them, claiming that if they do not pay up, their reputation and business will suffer. Since March 5, 2011, the Internet Crime Complaint Center has received more than 50 complaints reporting extortion …

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Microsoft Researchers: Cyber Crime Losses Exaggerated

Reports of losses from cyber crimes gathered from surveys are greatly exaggerated and often based on unverified, self-reported numbers and skewed results, according to two Microsoft researchers. In the “Sex, Lies and Cybercrime Surveys” report, Dinei Florencio and Cormac Herley say much of the information on cyber-crime losses comes from …

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