Eight people in New York have been charged as part of what prosecutors say was a global ring of cybercriminals who stole $45 million by hacking into prepaid credit card accounts and then using the data to get cash from thousands of ATMs around the world.
U.S. Attorney for the Eastern District of New York Loretta Lynch described the alleged scheme as "a massive 21st century bank heist that reached across the Internet and stretched around the globe. In the place of guns and masks, this cybercrime organization used laptops and the Internet."
In recent weeks, the Associated Press, NPR and the BBC have all had their Twitter accounts hijacked. Hacks of high-profile accounts have real-world consequences, and the security at Twitter is coming under increased scrutiny.
As the social media platform has become an essential news and communication platform globally, it has also become a honey pot for hackers. It's so deliciously attractive, they can't seem to resist.
A few days after Rehtaeh Parsons' mother turned off the hospital life support systems and allowed her daughter to die, computer activists claiming to be affiliated with the hacker group Anonymous are threatening to reveal the identities of Parsons' alleged rapists.