Monthly Archives: February 2017

Defending the cyber world in the complex world of blockchain, IoT …

In the past, the threat of cyber attacks was seen as a tactic by cybersecurity vendors to sell their products to consumers and businesses. However, 2016 saw a number of high-profile cybercrime incidents that could have happen to any unknowing bank or other businesses. The most notable cases include the Bangladesh bank heist, the BitFinex hack, Yahoo’s mega-breach, and the DNC breach. Cyberattacks has already cost Asian companies US$81 billion in 2015, and it would be unsurprising to see the 2016 figure jump significantly.

The silver lining is that the same attacks have also jettisoned the importance of cybersecurity across the board. Governments, their regulatory bodies, and the private sector alike have dedicated greater resources and established platforms that would allow threat information sharing – all to combat the growing cyber threats.

With a growing understanding of cyber risks and the need to defend critical

Read more at: http://www.enterpriseinnovation.net/article/defending-cyber-world-complex-world-blockchain-iot-botnets-and-data-privacy-1411667805

Defending the cyber world in the complex world of blockchain, IoT botnets and data privacy

In the past, the threat of cyber attacks was seen as a tactic by cybersecurity vendors to sell their products to consumers and businesses. However, 2016 saw a number of high-profile cybercrime incidents that could have happen to any unknowing bank or other businesses. The most notable cases include the Bangladesh bank heist, the BitFinex hack, Yahoo’s mega-breach, and the DNC breach. Cyberattacks has already cost Asian companies US$81 billion in 2015, and it would be unsurprising to see the 2016 figure jump significantly.

The silver lining is that the same attacks have also jettisoned the importance of cybersecurity across the board. Governments, their regulatory bodies, and the private sector alike have dedicated greater resources and established platforms that would allow threat information sharing – all to combat the growing cyber threats.

With a growing understanding of cyber risks and the need to defend critical

Read more at: http://www.enterpriseinnovation.net/article/defending-cyber-world-complex-world-blockchain-iot-botnets-and-data-privacy-1411667805

2 Nigerians arrested for job fraud

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Read more at: http://timesofindia.indiatimes.com/city/hyderabad/2-nigerians-arrested-for-job-fraud/articleshow/57405622.cms

THAILAND: BBC journalist faces defamation and cyber crime charges in Thailand

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ELIZABETH SOELISTIO WRITES – Jonathan Head, the South East Asia Correspondent for BBC News, is under the threat of serving up to five years of jail time in Thailand after a lawyer reported him for a criminal defamation.

 

This charges are brought to Head after he reported on two foreign retirees who had been scammed out of their properties in Phuket by their wives in September 2015. Though Thailand’s law doesn’t permit foreigners to own a land, many foreigners get around it by placing properties in the name of a company they own or with locals they trust.

 

Ian Rance and Colin Vard managed to get around this law by placing their properties under their Thai wives and company’s name. However, both men were removed from their properties’ ownership by their wives with an assistance from a local lawyer who claimed forging Rance and Vard’s signature as a normal

Read more at: http://asiamedia.lmu.edu/2017/02/28/thailand-bbc-journalist-faces-defamation-and-cyber-crime-charges-in-thailand/

Microsoft Opens Cyber Security Center in Mexico City

Microsoft is opening a cyber security center in Mexico City in order to better combat an estimated $4 billion industry, a decision that points to growing concern about this type of crime in the country. 

Microsoft issued a press release on February 24 announcing the opening of the new center and outlining its projected role in advancing cyber security in the region.  

“By opening this center, we are bringing Microsoft’s offer of security increasingly closer to customers in order to be a strategic part of their transformation, and together we will create a country and a region that are more prosperous and productive, and above all, that are safer,” said Jorge Silva, general manager of Microsoft Mexico.

According to Microsoft’s estimates, Mexico loses up to $4 billion dollars

Read more at: http://www.insightcrime.org/news-briefs/microsoft-opens-cyber-crime-center-mexico-city

Cyber Cell Police: Cyber crime: Police arrest a man for harassing …

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Read more at: http://timesofindia.indiatimes.com/city/indore/facebook-single/articleshow/57400091.cms

Cyber crime: Police arrest a man for harassing female co-worker

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Read more at: http://timesofindia.indiatimes.com/city/indore/facebook-single/articleshow/57400091.cms