Technology Producer Geoff White guides you through the latest developments in the world of tech, from cutting edge hardware to the shadowy world of hacking and cybersecurity.
Welcome to the future of crime: high volume, low margin.
As figures released today show, around one in fifteen Brits falls victim to cyber crime.
Here are the headline stats:
Computer crime is a numbers game. For a few hundred quid you can pick up millions of stolen email addresses on the dark web, send them a dodgy email and start the fraud process.
The current bogeyman is a thing called “ransomware”: the victim opens an infected email attachment or link, and the virus scrambles all their files. To unscramble their photos, documents and other files, the victim has to pay a ransom (using the virtual currency Bitcoin).
This form of hacking is so well-developed that dark websites offer free downloads of a ransomware viruses – in return for a cut of the money when the ransom is paid.
The ransom amount can be as little as £50 (because if the hacker sets the ransom too high, the victim will simply not think it worth paying). Small beer, right? Not when you do it at scale: one tech security company traced the proceeds of just one ransomware campaign and totted it up to $325m.
With little chance of arrest and such big profits to be made, don’t expect these fraud figures to decline any time soon.
Businesses allegedly connected with Craig Wright are still pursuing patent claims around the technology that created Bitcoin.
News that an NHS Trust has shared the information of 1.6m patients with a service run by Google has raised concerns about how health data is being treated.
Indian police have arrested three employees of a sub-contractor of TalkTalk, who are accused of stealing customers’ data and using it to con them out of thousands.
What would you do for £300m? That’s the current worth of the Bitcoin stash allegedly due to Dr Wright.
A Channel 4 News investigation has identified two of the people behind the scamming of British customers of the telecoms giant TalkTalk.
I’ve been covering cyber security for several years, but very, very rarely come across incidents that directly resulted in physical harm, let alone death.
Safe Harbor – as the spelling suggests, it’s a US-focused invention. But what on earth is it, and why does today’s European Court of Justice decision on it matter?
Most tech companies have a laser-like focus one goal: growing customer numbers. Complying with requests from foreign law enforcement agencies is not a priority