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Posts Tagged ‘Cybercrime’

New digital wiretap Bill – why you should be worried

August 26, 2011 Comments off

news.com.au

Privacy

Australia is one step closer to passing the controversial Cybercrime Legislation Amendment Bill 2011. Picture: Thinkstock Source: Supplied

A NEW “digital wiretap” law that would let police force companies like Telstra to store copies of emails and text messages has come under fire from civil rights advocates.

The Cybercrime Legislation Amendment Bill was passed in the House of Representatives this week after being introduced in June. It will now be debated in the Senate.

The Bill would let authorities issue a “preservation notice” to telco companies forcing them to keep copies of a suspect’s digital communications for up to 90 days while police applied for a warrant to access the data.

It would also extend the scope of existing cyber offences and allow for increased information-sharing between Read more…

Cybercrime Fight Costing Companies More This Year

August 3, 2011 Comments off

pcworld

Cybercrime cost corporations 56 percent more this year than last, according to an annual study from the Ponemon Institute and sponsored by ArcSight, an HP company.

Cybercrime Fight Costing Companies More This Year“Cybercrimes can do serious harm to an organization’s bottom line,” said the study, which found that the median cost related to cybercrime to the 50 companies in the survey was $5.9 million.

Larry Ponemon, founder and chairman of the Traverse, Mich., company that bears his name, told PCWorld there have been several root causes for the bump up in the cost of cyber crime. “Sophisticated stealthy types of cyber crime are happening more frequently,” he said.

When the study was done last year, he explained, more visible forms of cybercrime dominated the Read more…