A weekend contest at the world's largest hacking convention in Las Vegas showed one reason why big corporations seem to be such easy prey for cyber criminals: their workers are poorly trained in security.
The European Central Bank said on Sunday it would "actively implement" its controversial bond-buying programme to fight the euro zone's debt crisis, signaling it will buy Spanish and Italian government bonds to halt financial market contagion.
A weekend contest at the world's largest hacking convention in Las Vegas showed one reason why big corporations seem to be such easy prey for cyber criminals: their workers are poorly trained in security.
Why so big companies fall prey to cyberattacks so easily? According to hackers taking part in Defcon conference -- the world's largest hacking convention in Las Vegas -- workers at big corporations are poorly trained in security, which makes it easy for hackers to trick them into revealing key information.
A weekend contest at the world's largest hacking convention in Las Vegas showed one reason why big corporations seem to be such easy prey for cyber criminals: their workers are poorly trained in security.
The European Central Bank said on Sunday it would "actively implement" its controversial bond-buying programme to fight the euro zone's debt crisis, signaling it will buy Spanish and Italian government bonds to halt financial market contagion.
The Thai parliament elected the nation's first female Prime minister, Yingluck Shinawatra , on Friday. Ten years back another South East Asian country had elected its first female president. Megawati Sukarnoputri became Indonesia's first female president in 2001. Both women have a somewhat similar background. Will both share the same fate too?
Ivory Coast's levels of public investment will be "insignificant" over the next couple of years as the conflict-torn nation uses available funds to tackle its mounting debts, Finance Minister Charles Koffi Diby said on Thursday.
The development comes only one month after she took over as IMF boss, succeeding Dominique Strauss-Kahn, who was forced to resign in wake of his sexual assault trial in New York City.
Euro zone sovereign bond markets steadied on Thursday ahead of a crucial European Central Bank policy-setting meeting that investors hope will signal a more aggressive approach to fighting the currency area's debt crisis.
South Africa has agreed to a 2.5 billion rand bailout for Swaziland to help it through a budget crunch that had prompted unprecedented protests against Africa's last absolute monarch, officials said on Wednesday.
Reportedly, the king?s application for a loan from the International Monetary Fund (IMF), among other financial institutions, was summarily rejected.
Christine Lagarde, managing director of the International Monetary Fund, said the dollar may weaken if the U.S. Congress fails to raise the U.S. debt ceiling.
The hotel maid who accused ex-IMF boss Dominique Strauss-Kahn of sexually assaulting her made an emotional public appeal on Thursday for people to believe her story as her lawyer threatened a civil lawsuit.
The court date in the attempted rape case of former IMF boss Dominique Strauss-Kahn has been postponed to August 23, his lawyers said on Tuesday, adding they hope charges will be dismissed by that date.
If the reactions to the Amy Winehouse and Dominique-Strauss Kahn stories have showed us anything, it's that all standards and decency go out the window in pursuit of extra Internet traffic and money.
President Barack Obama's Democrats and their Republican rivals on Tuesday headed for a showdown over competing debt plans one week before a deadline for averting a potentially disastrous U.S. default.
President Barack Obama's Democrats and their Republican rivals on Tuesday headed for a showdown over competing debt plans one week before a deadline for averting a potentially disastrous U.S. default.
IMF chief Christine Lagarde on Tuesday urged the United States to quickly resolve a political stalemate over raising the debt ceiling, warning that failure to reach an agreement would have serious consequences for the world economy.
Europe is promising to help kick-start economic growth in Greece as a way of dragging the country out of its debt crisis, but the scheme looks likely to move too slowly to have much impact in the next couple of years.
The U.S. Federal Reserve's much criticized bond buying spree had only mild side-effects on other economies but the process of tightening monetary policy eventually may reverberate more harshly, an IMF report said on Monday.
