A German steel factory suffered significant damage after attackers gained unauthorized access to computerized systems that help control its blast furnace, according to a report published Friday by IDG News.
New and subtle business models are emerging for cybercriminals, boosting their sales of stolen data and offering new ways to inflict damage on target organisations. Hackers are commercialising stolen data by selling it back to legitimate businesses, one security expert has warned.
Islamic State militants are planning the creation of a ‘cyber caliphate’ protected by their own encryption software – from behind which they will launch massive hacking attacks on the U.S. and the West.
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