Filipino authorities said they have arrested members of a terrorist-funded racket that was responsible for hacking telephone networks of telecommunications firms.
As the threat landscape worsens, efforts by security professionals to defend networks are hampered by tight budgets, participants on a panel agreed at Wednesday's SC Congress New York.
The Canadian Security Intelligence Service (CSIS) sounded an alert at least two months before a massive internet intrusion was spotted at the Treasury Board of Canada.
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