stolen-as-much Archives

Cybercrime ring steals up to $1 billion from banks: Kaspersky

February 15, 2015 creative 100-financial, being-called, cyber-criminals, from-different, kaspersky, russia, stolen-as-much, ukraine, uncover-more, well-as-china, world

(Reuters) – A multinational gang of cyber criminals has stolen as much as $1 billion from as many as 100 financial institutions around the world in about two years, Russian computer security company Kaspersky Lab said on Saturday. The company said it was working with Interpol, Europol and authorities from different countries to try to uncover more details on what it being called an unprecedented robbery. It said the gang included cyber criminals from Europe, including Russia and Ukraine, as well as China.

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U.S. has raised concerns with China about new cyber rules: official

February 13, 2015 publisher being-called, china, country, kaspersky, legitimate, obama, representative, russia, stolen-as-much, ukraine, world

The Obama administration sees planned new cybersecurity rules in China as a “major barrier” to trade and has raised concerns with Beijing at the highest level, a senior U.S. official said on Thursday. Deputy U.S.

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China to go after fraud on online dating sites: Xinhua

February 13, 2015 publisher country, fraud-on-dating, internet, legitimate, obama, public-nuisance, representative, state-news, stolen-as-much, xinhua

BEIJING (Reuters) – China’s Internet regulator will target fraud on dating websites and other online match-making sites, state news agency Xinhua reported. “Fraud on dating websites has become a public nuisance to millions of users, especially young people, who use such services,” Xinhua cited a statement from the Cyberspace Administration of China as saying, in a report released late on Thursday.

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Obama to encourage companies to share cyber threat data

February 13, 2015 publisher civil-liberties, country, internet, michael-daniel, public-nuisance, sets-the-stage, stolen-as-much, xinhua

By Joseph Menn and Roberta Rampton SAN FRANCISCO/WASHINGTON (Reuters) – President Barack Obama is set to sign an executive order on Friday aimed at encouraging companies to share more information about cybersecurity threats with the government and each other, a response to attacks like that on Sony Entertainment. The order sets the stage for new private-sector led “information sharing and analysis organizations” (ISAOs) – hubs where companies share cyber threat data with each other and with the Department of Homeland Security. It is one step in a long effort to make companies as well as privacy and consumer advocates more comfortable with proposed legislation that would offer participating companies liability protection, the White House said