Virus targets the social network in new fraud twist

In the world of cyber fraud, a fake fan on Instagram can be worth five times more than a stolen credit card number.

Cyber frauds raise their ugly head yet again

During the last decade, the Indian banking sector grew at an average rate of 18 percent in comparison to 7 percent GDP growth rate. However, during the same period, cyber fraud in the banking sector has emerged as a big problem and a cause of worry for this sector.

US Air Force Space Command to hire 1,000 cyber personnel

The US Air Force Space Command will add 1,000 new people in its team of cyber professionals for the 2014 fiscal year, the American Forces Press Service reported.

Cyber fraud tops USD 93 bn a year in Latin America

Fraud in online commerce and theft of confidential data, known as phishing, at banks in Latin America together top 93 billion dollars in yearly losses, an IT conference has heard.