Posts Tagged ‘cybercrime’

President Barack Obama chose Howard Schmidt to be his cybersecurity chief on Tuesday.  Schmidt is a former eBay and Microsoft executive. His career includes 31 years in government, including a stint on President George W. Bush’s Critical Infrastructure Protection Board. He is currently CEO of the Information Security Forum.
Schmidt will be in charge of setting [...]

There are currently 45 states that have their own data breach notification bills.  The Chief of the FBI’s Cyber Criminal Section, Jeffrey Troy believes this should be a Federal Law for all states.
“A data breach notification bill would help us tremendously, particularly in terms of efficiency in conducting investigations,” said Troy.
“If U.S. businesses were required [...]

The United States Secret Service is joining forces with the European task force to prevent identity theft, computer hacking and other computer-based crime.  The unit will be based in Rome and will include the Italian anti-cyber-crime police unit and the Italian post office Poste Italiane SpA, which has developed software that can track electronic payments as [...]

A new survey by Consumer Reports discovered that one in five online consumers were victims of a cybercrime in the past two years costing consumers 8 billion dollars.Â
Consumer Reports believes the problems will only get worse due to rising unemployment and foreclosures.  Also social-networking services, such as Facebook, are creating more openings for identity thieves.
Corporations [...]

Sophisticated techniques developed by a new breed of cyber-criminals intent on stealing personal data represent a growing threat to millions of Americans, a top U.S. Justice Department official told Congress Tuesday.
“Skilled hackers are now capable of perpetrating large-scale data breaches that leave hundreds of thousands — and in many cases tens of millions — of [...]

The number of malicious programs circulating on the Internet tripled to more than 31,000 a day in mid-September, coinciding with the sudden collapse of the U.S. financial sector, according to Panda Security, an Internet security firm.
Organized cybercrime groups have become increasingly efficient at assembling massive networks of infected computers and deploying them to amass large [...]

Last week President Bush signed into law the bill that makes it easier to fight cybercrime.  The law also makes sure that identity theft victims are compensated for any time and trouble experiences as a result.  The Identity Theft Enforcement and Restitution Act of 2008 makes it easier for prosecutors to bring charges to hackers [...]