Cybercrime

Cybercrime, or computer-oriented crime, is a crime that involves a computer and a network. The computer may have been used in the commission of a crime, or it may be the target.

Source: en.wikipedia.org

AIG: WannaCry, Data Breaches Made 2017 Worst Year Yet

AIG: WannaCry, Data Breaches Made 2017 Worst Year Yet
AIG: WannaCry, Data Breaches Made 2017 Worst Year Yet
June 04, 2018  |  Cybersecurity

Following a series of sophisticated cyberattacks, such as WannaCry and NotPetya, AIG received a surge of cyber claims in 2017: The insurer saw as many...

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Bitcoin Daily: Bank Hackers Demand $1M in XRP, South Korea Confiscates $1.4M Bitcoins
Bitcoin Daily: Bank Hackers Demand $1M in XRP, South Korea Confiscates $1.4M Bitcoins
May 31, 2018  |  Bitcoin

Investors who thought they would get stock in a blockchain project were bilked out of approximately 300 million yuan – or nearly $47 million – through...

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In Papua New Guinea, Facebook May Shutter — For A Bit
In Papua New Guinea, Facebook May Shutter — For A Bit
May 29, 2018  |  Facebook / Meta

Facebook going dark? In at least one corner of the world and at least for some stretch of time, that might be a reality. The...

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Bitcoin Daily: Criminals Steal $1.2B In Crypto Since 2017, Revolut Now Supports Bitcoin Cash And Ripple
Bitcoin Daily: Criminals Steal $1.2B In Crypto Since 2017, Revolut Now Supports Bitcoin Cash And...
May 25, 2018  |  Bitcoin

More than $1.2 billion in crypto has been stolen by criminals since the start of last year, according to the non-profit Anti-Phishing Working Group, Reuters reported....

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Five At Five: A New CEO For Lowe’s
Five At Five: A New CEO For Lowe’s
May 22, 2018  |  News

Welcome to Five at Five, your late look at the payments and commerce news you might have missed. Today’s stories take a closer look at...

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UK Banks Need To Invest In Cutting-Edge Tech To Fight Cybercrime
UK Banks Need To Invest In Cutting-Edge Tech To Fight Cybercrime
May 22, 2018  |  Bank Regulation

In order to prevent cybersecurity attacks, U.K. banks are going to have to take chances investing in new technologies at a time when the banks are...

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Banks Take Military Approach To Cybersecurity
Banks Take Military Approach To Cybersecurity
May 21, 2018  |  Cybersecurity

In an effort to combat cyberattacks, banks are taking a military approach to their online security. “This is not that different from terrorists and drug...

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 Corporate Fraud On Levels Grand And Small, While Internet Crime Costs $1.4B
 Corporate Fraud On Levels Grand And Small, While Internet Crime Costs $1.4B
May 09, 2018  |  B2B Payments

Phishing, whaling and the tried-and-true methods of stealing money from companies via internal pilfering all made headlines this week. The FBI gave us a high-level...

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