Are Cyber Criminals Hard To Catch?

Despite 100,000 cyber crimes being committed every year UK authorities only caught 12 hackers.

In fact on average just one person was convicted of an offence under the Computer Misuse Act every month for the past 23 years.

We assume that it was not the same bloke, because he would be the most luckless criminal ever.

Campaigners from the Digital Trust, which supports victims of online abuse, said police do not know how to cope with the problem.

Need more laws

Criminal justice expert Harry Fletcher, who is a director of the Digital Trust, said: “The police still concentrate their resources on traditional offences offline, but most people are more likely to be mugged online than in the street.

“The law needs to change. It should, for example, be an offence to use any technological device to locate, listen to or watch a person without legitimate purpose.

“In addition, restrictions should be placed on the sale of spyware without lawful reasons. It should also be against the law to install a webcam or any other form or surveillance device without the target’s knowledge.”

Of course just creating new laws is not going to mean that more hackers will be caught, it will just mean that there are more crimes which they could be arrested for.

The conviction rate against hackers are not bad, if the coppers do arrest someone. Between 1990 to 2006 only 183 defendants were proceeded against and 134 found guilty under the Computer Misuse Act.

Unfortunately the Trust did not see, to realize that a lot of the hacks against companies and individuals come from overseas, particularly Russian or China. Changing laws in the UK would not change anything.

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PoS Cyber Attacks Up In 2013

A third of data intrusion investigated by security firm Trustwave last year involved compromises of point-of-sale (POS) systems and over half of all intrusions targeted payment card data.

Even though POS systems remained a significant target for attackers, as suggested by several high-profile data breaches disclosed by large retailers over the past six months, the largest number of data theft incidents last year actually involved e-commerce sites, Trustwave said Wednesday in a report that compiled data from 691 data breach investigations conducted by the company around the world.

E-commerce intrusions accounted for 54 percent of investigated data breaches and POS system intrusions accounted for 33 percent, Trustwave said. A separate report published by Verizon in April also pointed to Web application and PoS attacks as leading causes of security incidents with confirmed data disclosure last year.

According to Trustwave, over half of intrusions targeted payment-card data, with such data being stolen from e-commerce transactions in 36 percent of incidents and from POS transactions in 19 percent of attacks.

In Western Europe in particular, where countries have rolled out EMV — chip-and-PIN payment card transactions — cybercriminals shifted their focus from POS devices to e-commerce platforms, said John Yeo, EMEA Director at Trustwave. “EMV has changed the pattern of compromises when it comes to payment-card-specific data.”

However, a significant increase in the theft of sensitive, non-payment-card data, was also observed last year. This data includes financial credentials, personally identifiable information, merchant ID numbers and internal company communications, and was stolen in 45 percent of incidents, Trustwave said in the report.

Customer records containing personally identifiable information can possibly be used to perpetrate identity fraud and are sought after on the black market, so that’s why there’s been an uptick in attacks focusing on such data, Yeo said.

Only about a third of victim companies were able to self-detect data breaches, Trustwave found. In 58 percent of cases, breaches were identified by regulatory bodies, the credit card companies or merchant banks.

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Visa Offers New Payment Service

Visa announced Wednesday it is developing a new service that will allow U.S. customers to send money directly to one another, presenting new competition to PayPal.

Visa already lets people send money to Visa accounts in many other countries, but this will be the first time it will offer the service in the U.S.

People who use banks that participate in the new program will be able to send money directly to someone’s Visa account by entering the recipient’s Visa account number, e-mail address or mobile-phone number in an online payment form.

Visa said it has made deals with two payment companies, Fiserv and CashEdge, so that those companies can allow their customers to send money to Visa accounts. Banks offer Fiserv’s ZashPay and CashEdge’s Popmoney services to their customers for sending money to other people. The first banks are expected to make the Visa service available through CashEdge and Fiserv in the second half of the year, Visa said. It’s not clear whether Visa will offer the service on its own.  Read More…