Amrita Chowdhury is a technology wizard who holds seven US patents in semi-conductor manufacturing. She is the author of Breach, an intriguing, multi-layered narrative that explores the realms of cyber crime and intellectual property rights. Here she discusses with Zehra Naqvi the need to be cagey in the virtual world and how women are coming…
Some 16 million mobile devices have been infected by malicious software globally as of the end of 2014, according to the latest security report by Motive Security Labs, Alcatel-Lucent’s security arm. Such malware is used by “cybercriminals for corporate and personal espionage, information theft, denial of service attacks on business and governments, and banking and…
The first month of 2015 concluded with an extremely high rate of cyber crime – which increased by more than 200 per cent as compared to January 2014. According to experts, were banks more inclined to take action against cyber crimes, the number would only have been higher.
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In potentially the largest bank heist on record, an Eastern European hacker ring is stealing an estimated $1 billion from banks by infecting computers with malware and siphoning money. But how the hackers infiltrated these banks speaks to a much bigger problem: The current security standards (or lack thereof) at major financial institutions are so bad, it only takes opening…
Hackers are continuing to target mobile devices which has led to an increase in infections and also threatens personal information. According to a report by security firm Alcatel-Lucent, malware infections affecting mobile devices increased by 25 percent in 2014, compared to a 20 percent increase in 2013.
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Nearly all the fancy hardware in your connected home is inherently flawed when it comes to security. That’s one of the painful takeaways from a new report by Synack, a subscription Security-as-as-Service (SaaS) startup in Menlo Park, California. The company’s analysis will be a rude awakening for anyone who thinks they have a bullet-proof home-security…
About 16 million mobile devices have been infected by malicious software globally in 2014, according to the latest report by Alcatel-Lucent’s security arm Motive Security Labs. Such malware is used by “cybercriminals for corporate and personal espionage, information theft, denial of service attacks on business and governments, and banking and advertising scams,” the report said.…
With the passing of 8 new draft bills under the banner of “Digital Economy” by the Thai junta cabinet and awaiting approval by the rubber-stamping ersatz-parliament, the National Legislative Assembly (NLA), the main focus of the criticism is aimed at the cyber security bill and the amendments to the 2007 Computer Crime Act (CCA). Read…
To address those cyber crimes that have spread much of a havoc recently, Microsoft has launched its fifth global Cyber crime Satellite Centre in Singapore. The facility is an effort to eradicate all those possibilities that would let hackers to conceive a cyber attack in the Asia-Pacific region.
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US President Barack Obama presided over the White House Summit on Cybersecurity and Consumer Protection, which took place last Friday. An executive order was signed at the Summit, which concentrates on private companies working together with the government agencies to fight off cyberthreats. Barring Apple CEO Tim Cook, other top tech guys from the US decided to give…