No wide data breaches at firms in cyberattack

Federal prosecutors in New Jersey have provided new details on how an international cybercrime ring broken up this week accessed some customer accounts at more than a dozen leading financial institutions and payroll services.

In the web's hidden darknet, criminal enterprise is thriving

Criminals have always done their best to use new technology to their advantage and the rapid development of new digital technologies and online markets has provided the criminal entrepreneur with as much opportunity for innovation ...

Ransoms paid by two of every five victims of CryptoLocker

New research from the University of Kent has revealed that around 40% of people who fall victim to an advanced form of malware, known as CryptoLocker, have agreed to pay a ransom of around £300 to recover their files.

Online dating scammers looking for money, not love

Online romance scams, a new form of cybercrime, is under-reported and increasing, and has victimized an estimated 230,000 people in England, costing them nearly $60 billion a year, according to an article in Cyberpsychology, ...

Cybercrime costs up to $500 bn: study

Cybercrime costs the global economy between $100 billion and $500 billion annually, according to a study released Monday which acknowledged more data is needed for precise estimates.

How much does cybercrime cost?

(Phys.org) -- The first systematic study of the cost of cybercrime recommends that society should spend less on antivirus software and more on policing the internet.

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