Data breaches blamed on organised crime
Article Author: John Leyden Hackers feast on financial sector security mistakes Cybercrooks continue to be a menace to corporate security, with hackers and malware authors collectibly (sic) responsible for 85 per cent of all stolen data. The latest edition of Verizon’s annual data breach report also records a rise in insider threats and greater use … read on
IT insider admits stealing info for 2,000 bank employees
Article Author: Dan Goodin A former IT worker for the Bank of New York has admitted to stealing personal information of 2,000 employees and using it to steal more than $1m from charity bank accounts, city prosecutors said. Adeniyi Adeyemi, 27, used his position as a contract computer technician at the bank’s headquarters to steal … read on