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FBI warns of millions lost in fraudulent transfers to China
The FBI is probing 20 new cases of U.S. businesses losing millions of dollars to cybercriminals, who then siphoned off the cash to accounts in China.
PlayStation Network hacked, data on millions at risk
Sony may have sustained the largest cyber intrusion since the Heartland Payment Systems breach, disclosing Tuesday that its PlayStation Network (PSN) was hacked to steal sensitive information belonging to users.
Lawmakers to probe smartphone data collection
Google and Apple are facing heat from U.S. and foreign lawmakers over the discovery that their smartphone and tablet devices are collecting and storing information about users’ locations.
Apple responds to data collection concerns
Apple has denied logging users’ locations and promised to release a software update to change the way it stores data on iPhones.
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“We live in a wired society, and if we sever those wires, the social, economic, and communications linkages that make our way of life possible will cease to function. I am gravely concerned that we are not taking the necessary steps to guard against this threat, which I believe is the greatest unmet national security need facing the United States.” ~ Sheldon Speaks in Senate on Cyber Threats
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A very good read: Calculating the true cost of cybercrime
Deb Shinder looks at several studies that have sought to quantify the cost of cybercrime. She presents the difficulties associated with it — and the challenges it poses for adequate law enforcement.
Copyright 2007-2011 © “Tech Paul” (Paul Eckstrom). All Rights Reserved.
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• About Tech Paul
I am a Retired computer & network technician. I used to think the machines were pretty cool. Now I don’t.
They’re anything but.
I regularly posted how-to’s and tricks & tips and general computing advice here starting in 2007. (Use the Search tool to find answers. But be aware, many are rather dated.) Sometimes I answered (your) specific questions in an article if I believed the answer was generally helpful to “everyone”. All the writing you see was my own, typos and all. There always is/was an implied “IMHO” in what you see here.
Note: You are responsible for using this blog and its content. I am in no way liable for any losses caused by user error, viruses and/or other malware, hardware or software failure, or any other conceivable reason.
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Tech - for Everyone 
I wonder what Orwell would think of the state of our society today. We are dangerously close to the events depicted in Nineteen Eighty-Four.
Privacy? Ha! Legal Rights? Only on the surface. But, I digress a bit.
I find solace in the knowledge that honest people still exist, and am thankful folks like Tech Paul keep us informed of the dizzying technical evolution which is unfolding before our eyes…
There are a terrible lot of lies going about the world, and the worst of it is that half of them are true.
~Winston Churchill~
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KsTinMan,
A pleasure to see you here again. (And, I will confess to you that quoting Sir Winston wins points w/me.)
I want to be clear: I am presenting the information I do for the purposes of educating people to the risks they are facing so that they will be properly motivated to actually take the steps to protect themselves, and exercise the proper prudence and caution when online — not to depress or discourage them. (Though the facts available are rather depressing and discouraging.)
I endeavor to give my readers the tools and information so that they will not be low-hanging fruit.
(The result is low “ratings”. If I want more readers, I need to write raves over the latest iPhone…)
Those folks who suspect that “tech” may not be the path to Utopia, and that the “wiz kids” bringing it to us may not be as “wizardly” as the media image has us believing, should read John Dvorak
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