Taking on invisible crime fighting business fraud

By Staff writer

The problem with fighting business fraud is that it’s a largely invisible crime. The aim of fraudsters is to go undetected; it means the value of what they can steal can increase rapidly before the victim becomes aware that the crime is taking place.

New evolution of cybercrime: Hackers attempting to attack 100 banks head-on

By Shane Schutte

Kaspersky Lab, INTERPOL, Europol and authorities from different countries have combined efforts to uncover the criminal plot behind an unprecedented cyber robbery. Up to $1bn was stolen in approximately two years from financial institutions worldwide. The experts report that responsibility for the robbery rests with a multinational gang of cybercriminals from Russia, Ukraine and other parts of Europe, as well as from China.