Browsing: Cyber crime

Cybersecurity

ABA today thanked members of the Senate Judiciary Committee for introducing the Botnet Prevention Act of 2016 (S. 2391), which would enhance the Department of Justice’s efforts to combat cyber threats, including distributed denial of service and other botnet attacks.

Cybersecurity

Each year, millions of dollars are lost to a type of fraud that’s particularly difficult to detect and stop, and it’s all based on a criminal’s ability to exploit a basic human characteristic: the tendency to trust.

Cybersecurity

The median cost of cybercrime has increased by nearly 200 percent over the past five years — costing the global economy approximately $450 billion each year — and will likely continue to grow, according to a report released yesterday by Hamilton Place Strategies.

Cybersecurity

The lead story in the winter 2015 issue of the FDIC’s Supervisory Insights publication focuses on how banks can enhance their information security programs to address evolving cybersecurity threats and gives an overview of the regulatory response to the recent rise in cybercrime.

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