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Ransomware costs American companies $21 billion in downtime

Amer Owaida, Security Writer at ESET explains that the victims lost an average of nine days to downtime and two-and-a-half months to investigations, an analysis of disclosed attacks shows

“MoneyTaker” Hackers Steal $10 Million by Hacking into an ATM Network

Details about a sophisticated hack on an ATM network are just trickling in. Hackers associated with a Russian cybercrime ring attacked a series of banks in the US, UK, and Russia, according to Moscow-...

Android Malware on Google Play Adds Devices to Botnet

Google has booted eight Android apps from its Play marketplace, even though the apps have been downloaded as many as 2.6 million times. The industry giant took action after researchers found that the ...

Qualcomm Expects Apple To Settle Out Of Court

Qualcomm is in the middle of a lawsuit with Apple over disputed royalty payments and Qualcomm is trying to have imports of Apple’s iPhone banned in the US. Now the CEO of Qualcomm, Steve Mollenkopf, h...

US Laptop Ban Lifted on Four Major Airlines

It has been a bit of a ride with small electronics (laptops, tablets, e-readers, cameras, and so on) in the cabin of international airplanes. First, the electronics ban were applied to flights from te...

Employees of Facebook and Google Were Victims of $100M Phishing Scam

Last month, the Department of Justice in the US, charged a Lithuanian man for fraud, aggravated identity theft, and money laundering. This was done after documents revealed he scammed two major tech c...

Qualcomm Accused of Anti-Competitive Practices

Qualcomm forced Apple to use its chips exclusively in return for lower licensing fees, unfairly cutting out competitors, the U.S. said in a lawsuit against the biggest maker of mobile phone chips. Qua...

Google sells Motorola Mobility unit to Lenovo for $3 billion

Google has sold struggling US mobile phone company Motorola Mobility to Chinese computer maker Lenovo for $2.91bn, in a surprise move.

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