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  • Silk Road mastermind Ulbricht sentenced

    The creator and chief operator of the Silk Road has been sentenced to two life sentences in jail for running the online drug marketplace, which federal prosecutors estimated facilitated the sales of more than US$213 million worth of drugs and other unlawful goods between 2011 and 2013.

    Written by Joab Jackson30 May 15 06:22
  • Man charged with selling fake discount coupons on Silk Road

    A Louisiana man has been accused of creating counterfeit coupons and selling them on the Silk Road underground websites, potentially defrauding businesses of more than US$1 million, the Justice Department said Thursday.

    Written by Jeremy Kirk29 May 15 11:01
  • Corporate acquisitions carry a new cyber-threat

    Telstra’s announcement last week that it had discovered a network breach at a company it acquired earlier this year has opened up huge questions for corporate Australia on issues of risk management and due diligence.

    Written by Craig Richardson25 May 15 16:07
  • Police breaks up cybergang that stole over $15 million from banks

    Romanian authorities have detained 25 people who are suspected of being members of an international gang of cyberthieves who hacked into banks, cloned payment cards and used them to steal over US$15 million.

    Written by Lucian Constantin27 April 15 21:33
  • IBM unbolts vast threat database to fight cybercrimes

    IBM today took cybersecurity threat sharing to a new level it opened its vast library of security intelligence data to public or private entities building defenses against cybercrimes.

    Written by Michael Cooney17 April 15 04:37
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  • Why Israel could be the next cybersecurity world power

    There are plenty of cities in the U.S. that want to lay claim to becoming the "next" Silicon Valley, but a dusty desert town in the south of Israel called Beersheva might actually have a shot at becoming something more modest, and more focused. They want to be the first place you think about when it comes to cybersecurity research, education, and innovation. If things go right there, it may well happen.

    Written by David Strom11 March 15 07:24
  • Hack victims urged to share the gory details

    It may be difficult to remember now, but not too long ago, cyberattacks rarely made headlines in mainstream news. That's not to say that these advanced persistent threats, sometimes state-sponsored or the product of organized crime, were uncommon. On the contrary, they were booming. It was just that few people liked to talk about them.

    Written by Colin Neagle12 Sept. 13 16:25
  • Chinese Government's Link to Cyber Espionage Clearer Than Ever

    It's a common belief in the information security world that the Chinese government is behind many of the advanced persistent threats that target companies around the world in an effort to steal their IP and trade secrets. Now one security firm has come forward with years of evidence to link a prolific APT group to a unit inside the Chinese government.

    Written by Thor Olavsrud20 Feb. 13 16:09
  • 13 IT security myths debunked

    They're security myths, oft-repeated and generally accepted notions about IT security that ... simply aren't true. As we did a year ago, we've asked security professionals to share their favorite "security myths" with us. Here are 13 of them.

    Written by Ellen Messmer15 Feb. 13 23:19

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