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.
AT&T is warning consumers about a data breach involving an insider who illegally accessed the personal information of an unspecified number of users. The compromised data includes Social Security numbers and driver’s license numbers.
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.