For a good part of this year, Kaspersky Lab has become the meat in sandwich as US politicians have ramped up attacks on Russia, following on from the anti-Moscow sentiment which ramped up after last year's presidential elections.

Russian government sources appear to have gained access to the source code of Kaspersky's anti-virus software, if a report that Moscow was using the program to look for classified US government documents is to be believed.

Intel has launched its Saffron anti-money laundering advisor which it says is aimed at detecting financial crime through a transparent AI solution utilising associative memory.

Ransomware would have cost businesses worldwide US$1 billion this year, according to an estimate by endpoint security provider Carbon Black.

Attackers have stolen more than US$40 million from a number of banks in Russia and eastern Europe using a multi-pronged technique, according to the security firm Trustwave.

Global PC shipments for the third quarter of 2017 fell by 3.6% compared to the corresponding quarter in the previous year, with 67 million units being shipped.

A small defence contractor who was using default usernames and passwords like "admin" and "guest" had its systems breached and data stolen last year.

And of course, there's plenty more so for all the news visit www.itwire.com.

Have a great day!

Stan Beer, Editor in Chief, iTWire

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