Cyber Crime
LulzSec hackers who "wreaked havoc" at Sony jailed in UK
LONDON - A group of British hackers who "ran riot" causing millions of dollars of damage to computer networks run by Sony, the CIA and other agencies were sentenced to jail terms on Thursday.
LulzSec hackers "at cutting edge" of cyber crime, court told
LONDON - Four British hackers who took part in 2011 cyber-attacks on targets ranging from the CIA to Sony were audacious, arrogant men whose motivation was "anarchic self-amusement", a court heard on Wednesday.
After ATM heist, India's IT sector again in unwelcome spotlight
MUMBAI/BANGALORE - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation.
FBI says more cooperation with banks key to probe of cyber attacks
WASHINGTON - The FBI last month gave temporary security clearances to scores of U.S. bank executives to brief them on the investigation into the cyber attacks that have repeatedly disrupted online banking websites for most of a year. | Video
Exclusive: Indian firm in global ATM heist admits system breached
PUNE, India - An Indian payment card processing company acknowledged on Monday that hackers breached its security to increase the limits on some pre-paid card accounts in a global ATM heist in December.
For banks in cyber heist, how to get their money back?
NEW YORK - Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say.
Alleged Dominican head of New York ATM thefts was shot dead
SANTO DOMINGO - An alleged leader of the New York arm of a global cyber crime ring, which stole $45 million from two Middle Eastern banks, was shot dead during an attempted robbery in the Dominican Republic last month, Dominican police said on Friday.
Prepaid debit cards: a weak link in bank security
- A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards.
Prepaid debit cards: a weak link in bank security
- A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards.
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