Thanks to a law signed by President Vladimir Putin, Russia aims to create a “Sovereign Internet” effectively a parallel web run entirely on Russian servers. That would allow Moscow to keep the Internet operating in the event of a foreign cyberattack aimed at disabling it. To do so, Internet providers will be required to install equipment which Russia could use
A huge database holding more than 1.3 million credit and debit card records were uploaded on darknet on October 28. According to the researchers, most of these records belong to the customers of Indian banks and the underground market value of the database is estimated at more than $130 million. The cybersecurity company behind this sensational revelation is Singapore sited
The latest generation of cyber attacks created an active underground economy, where stolen goods and illegal services are bought and sold in a ‘professional’ manner if there is such a thing as honor among thieves. Cybercrime now specializes in different “markets” that taken all together form the full criminal supply-chain. Because of this, cybercrime develops at a much faster rate.