U.S. developing Technology to Identify and Track Hackers Worldwide

Without adequate analysis and algorithms, mass surveillance is not the answer to fighting terrorism and tracking suspects.

That's what President Obama had learned last year when he signed the USA Freedom Act, which ends the bulk collection of domestic phone data by US Intelligence Agencies.

There is no doubt that US Government is collecting a vast quantity of data from your smartphone to

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Russian Hacker Who Stole From Banks Ordered to Pay $7 Million

A Russian man who spent about 3 years behind bars in the United States has been spared further prison time but ordered to pay $7 Million to cover damages he caused to banks using a vicious computer virus.

Nikita Vladimirovich Kuzmin was arrested in 2010 and imprisoned in August 2011 for developing a sophisticated computer malware called Gozi and infecting more than 1 million computers

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Car Hackers Could Face Life In Prison. That's Insane!

Yes, you heard it right.

You can now end up your whole life behind bars if you intentionally hack into a vehicle's electronic system or exploit its internal flaws.

Car Hacking is a hot topic. Today, many automobiles companies are offering cars that run mostly on the drive-by-wire system, which means the majority of functions are electronically controlled, from instrument cluster to steering,

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U.S. Supreme Court allows the FBI to Hack any Computer in the World

In Brief
The US Supreme Court has approved amendments to Rule 41, which now gives judges the authority to issue search warrants, not only for computers located in their jurisdiction but also outside their jurisdiction.

Under the original Rule 41, let’s say, a New York judge can only authorize the FBI to hack into a suspect's computer in New York.

But the amended rule would now make it

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DDoS Extortionists made $100,000 without Launching a Single Attack

In Brief
Cyber crooks find a new and ingenious way to make hundreds of thousands of dollars with no effort.

An unknown cyber gang, pretending to be Armada Collective, has made more than $100,000 in less than two months simply by threatening to launch DDoS attack on websites, but never actually launched a single attack.

A group of Cyber Extortionists is sending threatening emails to

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Bank with No Firewall. That's How Hackers Managed to Steal $80 Million

In Brief
Investigators from the Forensic Training Institute of the Bangladesh investigated the $80 Million bank heist and discovered that the hackers managed to gain access to the network because the Bank was using second-hand $10 network switches without a Firewall to run its network.

When it was reported last month that an unknown hacking group attempted to steal $1 Billion from

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Encrypted Smartphone Network Seized by Dutch Police for Criminal Investigation

On Tuesday, the Dutch Police arrested a 36-year-old man, Danny Manupassa, on suspicion of money laundering and involvement in selling encrypted smartphones to criminals.

Manupassa owns a company called Ennetcom, which provides customized Blackberry Phones with the secure PGP-encrypted network.

Reportedly, Ennetcom sold nearly 19,000 encrypted cell phones at 1500 euros each in last few years.

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Creators of SpyEye Virus Sentenced to 24 Years in Prison

In Brief
Two International hackers, Aleksandr Andreevich Panin and Hamza Bendelladj, have been sentenced to a combined 24 years and 6 months in prison for their roles in developing and distributing SpyEye banking trojan, a powerful botnet similar to the infamous ZeuS malware.

Both hackers were charged with stealing hundreds of millions of dollars from banking institutions worldwide.

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Journalist Matthew Keys gets 2-Year Prison term for helping Anonymous Hackers

Former Reuters journalist Matthew Keys, who was convicted last year of helping the Anonymous group of hackers, has been sentenced to 24 months in prison for computer hacking charges.



Keys was found guilty last year in October of giving Anonymous login credentials that allowed the group to deface the Los Angeles Times, a Tribune Media-owned newspaper, back in 2013.



After leaving the job

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Infamous Hacker 'Guccifer' appears in US Court after Extradition

Marcel Lazar Lehel aka "Guccifer" – an infamous Romanian hacker who hacked into the emails and social networking accounts of numerous high profile the US and Romanian Politicians – appeared in the United States court for the first time after extradition.



Following Romania's top court approval last month, Guccifer was extradited to the United States recently from Romania, his home country,

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Security Researcher Goes Missing, Who Investigated Bangladesh Bank Hack

Tanvir Hassan Zoha, a 34-year-old security researcher, who spoke to media on the $81 Million Bangladesh Bank cyber theft, has gone missing since Wednesday night, just days after accusing Bangladesh's central bank officials of negligence.



Zoha was investigating a recent cyber attack on Bangladesh's central bank that let hackers stole $81 Million from the banks' Federal Reserve bank account.

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Here's How Hackers Stole $80 Million from Bangladesh Bank

The recent cyber attack on Bangladesh's central bank that let hackers stole over $80 Million from the institutes' Federal Reserve bank account was reportedly caused due to the Malware installed on the Bank's computer systems.



Few days ago, reports emerged of a group of unknown hackers that broke into Bangladesh's central bank, obtained credentials needed for payment transfers from Federal

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How a Typo Stopped Hackers from Stealing $1 Billion from Bank

Typos are really embarrassing, but this time it saved the Bangladesh Central Bank and the New York Federal Reserve by preventing a nearly $1 Billion (£700 Million) heist.

Last month, some unknown hackers broke into Bangladesh's central bank, obtained credentials needed for payment transfers and then transfer large sums to fraudulent accounts based in the Philippines and Sri Lanka. But…

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