Cyber attacks cost $45 bn in 2018 as ransomware hits hard

An estimated two million cyber attacks in 2018 resulted in more than $45 billion in losses worldwide as local governments struggled to cope with ransomware and other malicious incidents, a study showed Tuesday.

Chinese police nab suspects after $87 mn cryptocurrency theft

Chinese police have arrested three suspects alleged to have stolen assets worth 600 million yuan ($87 million) through hacking, state media reported Sunday, as cyber criminals target holders of bitcoin and other virtual currencies.

How to protect yourself from 'spear phishing' hacking technique

As sophisticated as the scheme was by Russian intelligence agents to interfere in the 2016 presidential election, they used a simple hacking technique, among others, to infiltrate the email accounts of Democratic operatives, ...

'Fake news' becomes a business model: researchers

Cyber criminals have latched onto the notion of "fake news" and turned it into a profitable business model, with services starting at under $10, security researchers said Thursday.

Europol warns banks ATM cyber attacks on the rise

Cyber criminals are increasingly accessing ATM machines through the banks' networks, with squads of money mules standing by ready to pick up the stolen cash, Europe's policing agency warned Tuesday.

UK police campaign targets hackers as young as 12

Britain's National Crime Agency on Tuesday launched a campaign to discourage youngsters from becoming hackers after it found the average age of suspects had plummeted to 17.

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