Japan to fine or jail computer virus creators

Japan will punish people who create or wilfully spread computer viruses with fines and prison terms of up to three years under a new law enacted by parliament.

Malaysia police bust China Internet scam

Malaysian police have arrested 37 Chinese and Taiwanese nationals accused of running an Internet scam that tricked people into paying fake traffic fines, reports said Friday.

Salesman: Hackers use Chinese company's servers

(AP) -- A Chinese man cited by a U.S. security firm as being linked to cyberspying on Western oil companies said Friday his company rents server space to hundreds of hackers.

Spain becomes latest country to take on Google

(AP) -- Spain is investigating Google over its "Street View" mapping feature, becoming the latest country to tangle with the Internet search giant over concerns it violated people's privacy while taking shots of city streets.

Internet fraud's U.S. price tag put at $550 million

U.S. citizens reported losing more than $550 million in 2009 in Internet fraud, falling prey to a variety of increasingly sophisticated scams, according to a report by the Internet Crime Complaint Center.

Internet fraud losses doubled last year

(AP) -- The cost of Internet fraud doubled in 2009 to about $560 million, the FBI said Friday. The most common type of frauds reported were scams from people falsely claiming to be from the FBI.

Chinese police shut down hacker training business

(AP) -- Police in central China have shut down a hacker training operation that openly recruited thousands of members online and provided them with cyberattack lessons and malicious software, state media said Monday.

Report: FBI probes hacker attack on Citigroup

(AP) -- The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday.

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