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Global cybercrime costs $600 bn annually: study

WASHINGTON: The annual cost of cybercrime has hit $600 billion worldwide, fueled by growing sophistication of hackers and proliferation of criminal marketplaces and cryptocurrencies, researchers said on Wednesday. A report produced by…

Top experts warn against ‘malicious use’ of AI

PARIS: Artificial intelligence could be deployed by dictators, criminals and terrorists to manipulate elections and use drones in terrorist attacks, more than two dozen experts said on Wednesday as they sounded the alarm over misuse of the…

Microsoft disrupts cybercrime rings

BOSTON: Microsoft Corp launched what it hopes will be the most successful private effort to date to crack down on cyber crime by moving to disrupt communications channels between hackers and infected PCs. The operation, which began on…