Chutneytech | UK Technology News

An IT executive from a Canadian marketing business stands accused of stealing a computer backup tape that holds the personal details of 3.2 million customers, which if sold on the lucrative black market could make as much as $10 million.

A cyber-gang has stolen the details of over 500,000 financial accounts over the course of the past three years using a highly advance Trojan that remains undetectable to the majority of its victims.

Remarkably, even though reports of cyber-crime and identity theft are through the roof, people still use passwords like “god”, “abc123” or the classically bad, “password”. These people can be loosely defined as idiots.

A government watchdog agency has slapped the wrists of the US Department of Homeland Security for failing to adequately protect the nation’s critical computer networks, in a report that picks out the US Computer Emergency Readiness Team’s lack of efficiency.