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.

Cloud to tackle money laundering problem

(PhysOrg.com) -- Money laundering is estimated at $1.3 trillion worldwide - a huge problem. Now European researchers are using cloud computing services to boost anti-money laundering efforts by tracking suspicious transactions.

Citigroup says 360,000 affected by hackers

Hackers stole account information of more than 360,000 of Citigroup Inc.'s U.S. credit card customers in a recent data breach, the bank said Wednesday, almost double the number initially thought.