The US has demanded a global response to the threat from cyber crime and cyber terrorism.
And it is not just due to the scourge of spam, viruses and cyber crime.
Another investigation has revealed that oft-cited statistics about the supposed cost of cyber crime are largely baseless.
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Although the techniques of cyber crime have evolved, online criminals prey on human vulnerabilities like criminals throughout the ages.
Much of the focus on cyber crime has shifted this week to the extent and scale of Chinese hacking.
The problem with the jailbroken iPhones is that it just makes them more open to cyber crime than a factory iPhone.
Despite the proliferation of online and mobile service offerings and the rise in cyber crime, banks and financial institutions can fight back.
Internet providers take the issue very seriously, and say they work closely with the police to investigate any form of cyber crime.
Mr Maude said protection against cyber crime was currently not as strong as that against things like terrorism or tackling the drugs trade.
There is a dizzying array of exploits, attack vectors, ransom attempts and social manipulation that blanket cyber crime is now using to access personal information.
Cyber crime generally refers to criminal activity conducted via the Internet.
The category of cyber crime includes fraudulent online shopping activity, computer software service fraud, computer misuse crime, offences linked to computer viruses and spyware and computer hacking.
As the FBI has decided that cyber crime is a bigger and bigger concern, so have its opponents decided that the FBI is a bigger and bigger concern.
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In January 2013 a new EU unit at Europol in The Hague, called The European Cyber Crime Centre, will start operations, focusing on tackling child sexual abuse online.
The main reason behind the decrease in spam volume is the overall heightened level of anti-spam protection, says the Moscow based junk mail and cyber crime fighting Kaspersky Lab.
Today, FBI director robert Mueller told told the U.S. House Permanent Select Committee on Intelligence that cyber crime could be a bigger concern for the bureau than terrorism in the future.
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According to a recent survey conducted by the Ponemon Institute, the cost of cyber crime is increasing at an alarming pace, as attacks have become increasingly complex and costly to resolve.
Now he has turned his attention to US legislation and has co-authored the Fighting Cyber Crime and Protecting Privacy in the Cloud report which was recently presented to the European Parliament.
The threat of your house being robbed and criminals being able to find your hidden bills or walk away with your safe is much more likely than losing money due to cyber crime.
In fact, DefCon's species of armchair hackers are more of a distraction for law enforcement than a real menace, says Jim Christy, director of future exploration at the Department of Defense's Cyber Crime Center.
The chair of the Public Accounts Committee, Margaret Hodge, welcomed the report, saying it showed the government needed to "work hand-in-glove" with businesses and individuals to build awareness about the threats of cyber crime.
The new agency will take over the work of bodies including the Serious Organised Crime Agency (Soca) and the UK Border Agency, and will also cover sexual abuse and exploitation of children and cyber crime.
Baroness Neville-Jones said some of the cyber crime activity was "state-sponsored" but although the government had the ability to strike back it was "anxious not to get into a barney with friendly countries" over the issue.
The plan, drawn up by the Council of the European Union, makes broad statements on how to improve European cyber crime-fighting, including inviting countries to introduce remote searches if they are already provided for under national law.
The organizations include the CERT Coordination Center, the Electricity Sector Information Sharing and Analysis Center, the European Cyber Crime Center, the Malaysia Computer Emergency Response Team, the Australian Federal Police and the Irish Reporting and Information Security Service.
To make things worse, the UK Cyber Crime Unit wasn't even aware of the existence of RFID chips, (makes sense, since the cards don't use such technology) and we're not sure what's to stop another group of clever hackers making off with another set of credit cards and forever ruining any hope of security we've managed to hold onto so far.
These simple metaphorical questions describe the dilemma of dealing with cyber-crime and cyber-terrorism.
Last month, Attorney General Janet Reno promised some of these new steps to combat cyber-crime.
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By this thinking, the top-trending searches each day are potential targets for cyber-crime.
This trick, said Mr Erasmus, is well known in intelligence and cyber-crime circles as a way to thwart surveillance.
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