Stay connected:
Submitted: January 17, 2012 - 9:40pm
Originally published: January 17, 2012
Last updated: January 17, 2012 - 9:50pm
Originally published: January 17, 2012
Last updated: January 17, 2012 - 9:50pm
Source:
InfoWorld
Author:
Ted Samson
Location:
Postbank, 9300, South Africa
A remarkably lucrative $6.7 million cyber bank heist of South Africa's state-owned Postbank provides an outstanding case study of just why 2011 was the year of the cyber criminal: The insecurity of the Internet, coupled by organizations' failure to embrace sufficient security practices, make cyber crimes too high-value and low-risk for bad guys to resist.
- Login or register to post comments
- Email this page
Related
- The Calm Before the Storm
- Cubans line up for their first cellular phone lines
- Cyber Command Chief: DoD Moving to the Cloud
- Chilling assault on South Africa's press
- CPB Awards Grants to 89 Public Radio Stations for Digital Transition
- Agencies identify 78 services for cloud transition
- South Africa's Rulers Face Off Against Newspapers
- Shanghai Media Group plans spin-offs in bid to reform
- US Government, OSTP, Open New Troves of Data to the Public
- Make EHRs More Like Cars, Healthcare CIOs Say
- South Africa Weighs Media Controls
- Vodafone to Push Stake In Vodacom to Majority
- Venezuela creates new state company for ICT development
- China Shuffles Telecoms, Opening Opportunities
- New cables tie West Africa closer to Internet
Location
Javascript is required to view this map.
Ratings
Recommendation:
1
Informative:
0
Accuracy:
0
Login to rate this headline.