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Loss from cybercrime exceeded $1.3B in 2016, FBI report

The financial loss from cybercrime in the U.S. exceeded $1.3 billion in 2016, a rise of 24 percent, according to a new report issued by the Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3). The “2016 Internet Crime Report,” examined the most prevalent and most damaging forms of cybercrimes today – like business email…

Russian suspected of U.S. election hack arrested in Spain

A Russian man was arrested in Barcelona over the weekend suspected of involvement in the hack of the U.S. election. While details are sketchy, a spokesperson for the Russian embassy in Madrid said on Sunday that Pyotr Levashov, a Russian computer programmer, had been arrested. Levashov was in Spain on vacation with his family. The…
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