Tag: Cyber Attacks

The True Monetary Burdens Behind Financial Cyber Crime

Members of SWIFT (Society for Worldwide Interbank Financial Telecommunication) have seen themselves as the target of many cyber-attacks lately. Earlier this week, SWIFT sent letters to all of its clients notifying them of new hacking attacks, in light of the earlier attacks that were discovered after a massive cyber takeover of Bangladesh’s Central Bank. “Customers’ environments have been compromised, and subsequent attempts were made to send fraudulent payment instructions. The …
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Former Professional Hacker Talks About The Business

Kevin Mitnick was arrested in 1995 for hacking into 40 of the biggest companies in the Unites States. Among these were IBM, Nokia, and Motorola. Mitnick is now a top security consultant for some of the biggest companies in the world. The former hacker showed ABC how easy it is to steal someones identity using public Wifi spots. He says cyber criminals set up fake WiFi networks that people will …
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