A 28-year-old Ukrainian hacker has pleaded guilty in the United States to stealing unpublished news releases and using that non-public information in illegal trading to generate more than $30 Million (£20.8 Million) in illicit profits.
Vadym Iermolovych, 28, admitted Monday that he worked with two other Ukrainian hackers to hack into computer networks at PR Newswire, Marketwired and Business
Without adequate analysis and algorithms, mass surveillance is not the answer to fighting terrorism and tracking suspects.
That’s what President Obama had learned last year when he signed the USA Freedom Act, which ends the bulk collection of domestic phone data by US Intelligence Agencies.
There is no doubt that US Government is collecting a vast quantity of data from your smartphone to
A Russian man who spent about 3 years behind bars in the United States has been spared further prison time but ordered to pay $7 Million to cover damages he caused to banks using a vicious computer virus.
Nikita Vladimirovich Kuzmin was arrested in 2010 and imprisoned in August 2011 for developing a sophisticated computer malware called Gozi and infecting more than 1 million computers
Yes, you heard it right.
You can now end up your whole life behind bars if you intentionally hack into a vehicle’s electronic system or exploit its internal flaws.
Car Hacking is a hot topic. Today, many automobiles companies are offering cars that run mostly on the drive-by-wire system, which means the majority of functions are electronically controlled, from instrument cluster to steering,
In Brief
The US Supreme Court has approved amendments to Rule 41, which now gives judges the authority to issue search warrants, not only for computers located in their jurisdiction but also outside their jurisdiction.
Under the original Rule 41, let’s say, a New York judge can only authorize the FBI to hack into a suspect’s computer in New York.
But the amended rule would now make it
In Brief
Cyber crooks find a new and ingenious way to make hundreds of thousands of dollars with no effort.
An unknown cyber gang, pretending to be Armada Collective, has made more than $100,000 in less than two months simply by threatening to launch DDoS attack on websites, but never actually launched a single attack.
A group of Cyber Extortionists is sending threatening emails to
In Brief
Investigators from the Forensic Training Institute of the Bangladesh investigated the $80 Million bank heist and discovered that the hackers managed to gain access to the network because the Bank was using second-hand $10 network switches without a Firewall to run its network.
When it was reported last month that an unknown hacking group attempted to steal $1 Billion from
On Tuesday, the Dutch Police arrested a 36-year-old man, Danny Manupassa, on suspicion of money laundering and involvement in selling encrypted smartphones to criminals.
Manupassa owns a company called Ennetcom, which provides customized Blackberry Phones with the secure PGP-encrypted network.
Reportedly, Ennetcom sold nearly 19,000 encrypted cell phones at 1500 euros each in last few years.
In Brief
Two International hackers, Aleksandr Andreevich Panin and Hamza Bendelladj, have been sentenced to a combined 24 years and 6 months in prison for their roles in developing and distributing SpyEye banking trojan, a powerful botnet similar to the infamous ZeuS malware.
Both hackers were charged with stealing hundreds of millions of dollars from banking institutions worldwide.
Former Reuters journalist Matthew Keys, who was convicted last year of helping the Anonymous group of hackers, has been sentenced to 24 months in prison for computer hacking charges.
Keys was found guilty last year in October of giving Anonymous login credentials that allowed the group to deface the Los Angeles Times, a Tribune Media-owned newspaper, back in 2013.
After leaving the job
