Thursday, August 08, 2013

Cyber thieves in Germany plunder 250,000 accounts...

More and more people living in Germany are becoming victims of online identity theft – but the majority don't even realise until too late - sometimes almost a year later, wrote Der Spiegel magazine on Thursday.

The country is facing a dramatic rise in hacking attacks, the Federal Office for Information Security (BSI) warned on Thursday.

“In a quarter of a year we have registered 250,000 cases of identity theft,” BSI president Michael Hange told Reuters news agency, the magazine said.

“That's a very big number. It isn't just online banking that's affected, but also e-commerce and social networks,” he added. Most hacker-thieves use credit card or communication data to use strangers' accounts for their own purposes.

 The BSI is concerned about a growing online threat to businesses and individuals – not least because security breaches often are not discovered for a very long time. Full story...

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