Cyber-crime joins environmental disasters, large-scale involuntary migration and illicit trade as one of the most notable risks in the world this year, according to the latest Global Risks Report just brought out by WEF.
The UK creator of malware resources Cryptex and reFUD.me, used by thousands in the cyber-crime world, has this week pleaded guilty to charges under the Computer Misuse Act and Proceeds of Crime Act.
More than a half-million workstations at major global organisations were recently found infected with malicious Chrome web browser extensions that were likely used to commit click fraud and SEO manipulation.
A recent worldwide consumer survey found a major disconnect between general fears about cyber-security and the actions taken to protect not only their personal information, but their families from cyber-attacks.
The Necurs botnet continued to launch massive global ransomware attacks through the holidays with researchers stopping as many as 47 million emails per day.
A Nigerian man was sentenced to 41 months (3.4 years) in prison for his part in business compromises which targeted thousands of victims around the world and swindled more than £21 million.
Britain and the US accomplished a planned drill with leading global firms to see how they would respond to a cyber incident in the finance subdivision.