The former head of defunct bitcoin exchange Mt. Gox, Mark Karpeles, pictured, has reportedly been arrested in connection with the disappearance of virtual currency worth hundreds of millions of US dollars.
On the day that they launch their iPad in Australia Apple has finally toppled Microsoft as the No. 1 ICT company, after its market capitalisation surpassed the software giant's market cap yesterday. Apple's market cap hit US$221 billion, as Microsoft's slipped to $219 billion - less than half the $556 billion Microsoft was worth in 2000.
Serious organised crime groups - SOCGs to the cognoscenti - in Australia are increasingly using business express deposit boxes and Internet banking for money laundering, according to a new report from Austrac, the Australian Transaction Reports and Analysis Centre.
The number, type and sophistication of cyber security threats to Australia and Australians are increasing rapidly and will cost Australia more than $1 billion a year in future, even though the nation is yet to experience a major attack, according to a new report from the Australian Cyber Security Centre.