Sydney -
Nation state hacking has been background noise around the world for years. Some rhetoric, and not much else, has been the result. The global situation is bad and getting worse.
Juniper Research has concluded that data breaches could cost the global economy as much as $2 trillion in the next five years, and has pointed the finger at weak corporate and network security as the reason for the breaches.
Ottawa -
After mock emails were sent to employees at the Department of Justice, it was determined more than one third of them clicked onto phony links in the email leading to concerns about the security of the department's sensitive information.
Cyber security business Symantec warned that Internet fraud cost India a whopping $4 billion in the year to July 2013. The Norton Report issued on Tuesday indicates an 8 percent increase for the year and the average cyber crime victim loses around $207.
Stolen credit cards are openly sold in the cyber marketplace, as one Russian carding site is selling 554 stolen Australian credit cards for $4.50 per record.
Leading cyber security company, McAfee, has issued a breaking news report that indicates that the U.S., European and Latin American financial systems are under a massive cyber attack.
The Cyber Intelligence Sharing and Protection Act (or CISPA for short) is once again in the news, but this time a major counter-attack is being planned to fight it.
New Brunswick -
The Rutgers student on trial for using a webcam to spy on a roommate who later committed suicide has been found guilty on all counts charged in the indictment.
Canadian researchers say that computers of several embassies worldwide as well as at the United Nations and the office of the Dalai Lama have been infiltrated by a cyber-space spy network originating in Chengdu, China. Beijing denies any knowledge.
Police in UK received special power for hacking into personal computers to prevent cyber crime and pedophilia. The Home Office of the country has passed the controversial order.
