The long arm of the law caught up with a number of cybercriminals in the first three months of this year. Picking up where we left off in Part 1, we continue to comb through headlines in order to bring another instalment in our rundown of some of the recent law enforcement actions in its struggle … More Anti-cybercrime successes in the first quarter of 2018, part 2
In our roundup of some of the most notable law enforcement actions against computer crime in the first quarter of 2018 will focus on arrests and charges involving suspected cyber-crooks. Compared to combating conventional crime, efforts to bring computer criminals to justice involves a host of specific challenges for law enforcement. The difficulties reside on … More Anti-cybercrime successes in the first quarter of 2018
While not the most frequent victims of cybercrime, firms in financial services are facing higher costs relating to such incidents when compared to businesses in any other sector, a study by Accenture and the Ponemon Institute has found. The financial services industry was found to incur cyberattack-induced cost of nearly $18.3 million per firm in 2017 … More Cybercrime weighs most heavily on financial service firms
Businesses are set lose $8 trillion to cybercrime over the course of the next five years, according to a new report. Juniper Research found that enterprises around the world are more at risk due to even greater levels of internet connectivity, as well as “inadequate enterprise wide security”. The paper, titled The Future of Cybercrime … More $8 trillion ‘to be lost to cybercrime in next 5 years’
We know that cybercriminals are almost always seeking financial gain, but it seems that this is not usually what young cybercriminals have in mind when they take their first steps over to the “dark side”. For example, an interesting report by the UK’s National Crime Agency (NCA) found that many are not necessarily motivated by financial reward. … More What motivates some young people to become cybercriminals?
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