Archive | hacks

Avast Successfully Completes The Acquisition of AVG For $1.4 Billion

Avast Software, the company behind one of the most popular antivirus solutions in the world has announced the acquisition of AVG Technologies (NYSE: AVG), another security software provider.  After issuing a press release back in July, Avast Software has finally completed the deal to absorb AVG. The purchase agreement specified a $25 price per share, […]

Bank’s Security Systems Still Vulnerable, SWIFT Says

The institution behind SWIFT, the messaging system that connects the banks all around the world, has said that banks are still vulnerable to computer hacks.  Major financial institutions use the SWIFT network to relay messages between each other. Swift is a platform used by more than 11,000 financial institutions to exchange messages that contain money transference orders. […]

Bangladesh Central Bank Hack May Be Linked To Other Attacks Around The World

In February, Bangladesh Central Bank lost $81 million to hackers, three months after the attack, authorities have uncovered three more incidents that may be linked together, SWIFT CEO reveals plans to strengthen the security of its operations. The first uncovered case was actually the last attack carried out by the hackers, in February, a group of […]