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Trump says discussed forming cyber security unit with Putin

WASHINGTON: US President Donald Trump said on Twitter on Sunday that he discussed forming a cyber security unit to guard against election hacking with Russian President Vladimir Putin. Tweeting after his first meeting with Putin on Saturday, Trump said now was the time to work constructively with Moscow, pointing to a ceasefire deal in southwest Syria that came into effect on Sunday. "Putin & I discussed forming an impenetrable Cyber Security unit so that election hacking, & many other negative things, will be…

UK wartime codebreaking center becomes cyber education college

BLETCHLEY, ENGLAND: It was once the home of Britain's codebreakers during World War Two. Now more than 70 years later, Bletchley Park is preparing to host the UK's first national college of cyber education, with a first intake of students starting in September 2018. Work is under way to revamp several derelict buildings on the site where mathematician Alan Turing cracked Nazi Germany's "unbreakable" Enigma code. The new school for 16- to 18-year-olds, which will sit beside the historical attraction and the National…

Geo’s cyber crime team exposed

KARACHI: A cyber crime wing of Geo TV, tasked with defaming its opponent, has been exposed, ARY News reported Friday. According to a report supposedly released by Twitter, Geo TV has created several IDs on Twitter through a single internet protocol (IP) address which is used to defame the opponents of Geo on social media. Sources told that Pakistan Tehreek-e-Insaf chief Imran Khan and other media groups were targeted by Geo’s cyber crime wing. They told a man, Faisal Sherjan, director of Geo's Strategy and Planning, is…

Cyber crime costs global economy $445 billion a year: report

LONDON: Cyber crime costs the global economy about $445 billion every year, with the damage to business from the theft of intellectual property exceeding the $160 billion loss to individuals from hacking, according to research published on Monday. The report from the Center for Strategic and International Studies (CSIS) said cyber crime was a growth industry that damaged trade, competitiveness and innovation. A conservative estimate would be $375 billion in losses, while the maximum could be as much as $575 billion, said…