“At least one cybercrime was reported every 10 minutes in India in the first six months of 2017, higher than 2016 when there was a crime every 12 minutes. With more Indians going online, the trend is worrying and requires more security systems in place.” Source: Infographic: Cybercrimes on the

“The Justice Department announced Thursday that together with the FBI and international law enforcement agencies, officials had shut down ‘the largest darknet marketplace in history.’ AlphaBay, a Web bazaar where users’ identities were cloaked and illicit goods and drugs were sold, has officially been seized and shut down. ‘This is

“Microsoft is going after Fancy Bear, the Russian hacking group that targeted the DNC, by wresting control of domain names controlled by the foreign spies. A new offensive by Microsoft has been making inroads against the Russian government hackers behind last year’s election meddling, identifying over 120 new targets of

“Two of the largest dark web marketplaces have been shut down following a ‘landmark’ international law enforcement investigation. The AlphaBay and Hansa sites had been associated with the trade in illicit items such as drugs, weapons, malware and stolen data. Police in the US and Europe collaborated on the operation.

“There’s a spread of damages that Lloyds forsees. The best-case scenario for such a hack, if every company has robust backups and an intelligent security team, would see $4.6 billion in damages, resulting from lost work time and stolen company data. The worst-case scenario has damages pegged at $121 billion.

“The Army Research Lab is turning more of its attention to fighting land wars against far more technologically sophisticated adversaries than it has in the past several decades. In the coming months, the Lab will fund new programs related to highly (but not fully) autonomous drones and robots that can

“As part of its ongoing Vault 7 leaks, the whistleblower organisation WikiLeaks today revealed about a CIA contractor responsible for analysing advanced malware and hacking techniques being used in the wild by cyber criminals.” Source: WikiLeaks Reveals CIA Teams Up With Tech to Collect Ideas For Malware Development

“FedEx said that it may not be able to recover all the systems affected by the Petya cyberattack and that the financial hit is unknown but ‘it is likely that it will be material’ since the company didn’t have cyber insurance.” Source: FedEx said TNT Petya attack financial hit will

“WhatsApp users in China have reported problems with the messaging app sparking fears the service could have been blocked by authorities following Liu Xiaobo’s death in prison. “ Source: WhatsApp censorship fears as app features blocked in China

“The Department of Justice announced indictments against two Iranians for hacking a software company in Vermont.” Source: Justice Department: 2 Iranians charged with hacking into Vermont software companies