Perhaps you occasionally heard of them in 2008 and 2009: an Internet community that counted among its members teenagers still in high school, and which made the nightly news from time to time because of pranks aimed at public figures and organizations. By 2010, the "Internet vigilante" group known as "Anonymous" was making bigger waves. In December of that year, members of the community temporarily disabled Web sites maintained for Mastercard, Visa and PayPal over the companies' decision to stop processing transactions for Wikileaks.org. Then, they turned their attention to banks. "Top priority is to steal and leak classified government...
A White House executive order calling for tighter national cybersecurity could result in substantially increased costs for financial institutions and other companies, the head of an Internet trade group said Wednesday.
Internet businesses that allow individuals to move money rapidly and with relative anonymity are likely to be exploited by traditional and trade-based money launderers, according to a report issued by the Paris-based Financial Action Task Force.
Russian police have charged three men with being members of a gang that allegedly extorted money from British online gambling companies by overwhelming their computers with huge amounts of e-mail and demanding money to relent.