Ukrainian Hacker Admits Stealing Corporate Press Releases for $30 Million Profit

A 28-year-old Ukrainian hacker has pleaded guilty in the United States to stealing unpublished news releases and using that non-public information in illegal trading to generate more than $30 Million (£20.8 Million) in illicit profits.

Vadym Iermolovych, 28, admitted Monday that he worked with two other Ukrainian hackers to hack into computer networks at PR Newswire, Marketwired and Business

Hackers Cause World's First Power Outage with Malware

SCADA system has always been an interesting target for cyber crooks, given the success of Stuxnet malware that was developed by the US and Israeli together to sabotage the Iranian nuclear facilities a few years ago, and "Havex" that previously targeted organizations in the energy sector.



Now once again, hackers have used highly destructive malware and infected, at least, three regional