Tag: cyber-crime

The EAU Says It Doesn’t Have Enough Trained Cyber Security Specialists

The UAE has to invest in training its own security pros as it has become a priority in the cyber-crime war, due to the amount to trained professionals dwindling. The Arab Gulf States Institute in Washington recently stated that cyber-attacks in the region cost $1 billion dollars a year, and isn’t going to decrease. The institute also said that the Middle East was filled with cyber criminals with the widest …
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New Ransomware may be Posting Your Location Data Online

Wednesday it was reported that a new strain of ransomware, “Cry” and “CryLocker” has been found. What this new strain does is that it takes your location data from Google Maps, and pastes the image onto the site Imgur. Most ransomware simply sends the victims information directly to the hackers Command and Control servers. CryLocker users PNG, Portable Network Graphic image files to document the victim’s information. Security researchers said …
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Obama Talks Over Cyber Attacks With Vladimir Putin

After a 90-minute meeting with Russian President Vladimir Putin, he announced that there will be no retaliation for the suspected involvement of Russia in the recent Democratic Party hacks. It is now being said that Putin is creating a covert operation to destroy Democracy in America by hacking the fast approaching election. “We’ve had problems with cyber-intrusions from Russia in the past, rom other countries in the past,” Obama said. …
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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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