Romania, FBI agents to crack down on cybercriminals

On computer screens and on the ground, Romanian and American FBI agents stalk cybercriminals, trying to beat them at their own game as fraud originating in Romania has risen dramatically.

Romanians charged in US with computer fraud

Four Romanians have been charged with hacking into the computer systems of hundreds of US merchants and making millions of dollars in purchases with stolen credit card data, the Justice Department said Thursday.

Cybercrime against businesses 'explodes'

More than one in three companies say that in 2011 they have been victims of fraud, a report said on Tuesday, with reports of cybercrime targeting businesses around the world skyrocketing.

India's Satyam posts strong profit growth

Indian software outsourcer Mahindra Satyam on Thursday said its quarterly net profit soared more than ten-fold, beating market estimates, as demand for outsourcing grew.

PayPal opens Southeast Asian operations centre

PayPal, the US-based online payment giant, has moved to expand its global presence with its first Southeast Asian operations centre, the latest in a string of similar offices around the globe.

US curbs on online poker compared to Prohibition

A former US senator who now represents poker players compared US efforts to curb online gambling to Prohibition on Tuesday as he argued for legislation that would allow Internet gaming.

SAP to pay $20M to settle criminal charges

(AP) -- Business software maker SAP AG on Wednesday said it agreed to pay $20 million to settle criminal charges from the U.S. Department of Justice against a now-defunct subsidiary, TomorrowNow.

IBM buying Algorithmics for $387 million

US computer giant IBM announced Thursday it is buying Algorithmics, a Toronto-based firm that makes risk analytics software, for $387 million.

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