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Malaysia scraps multibillion dollar China-backed rail project

Business Jan 27, 2019

Malaysia scraps multibillion dollar China-backed rail project

A multibillion dollar China-backed rail project in Malaysia has been scrapped, government officials said Saturday, adding that the cost of building it was too high. Malaysia has in recent months suspended several major projects signed under the country's previous scandal-plagued regime, in a bid to ...

Global cybercrime shifts to state-backed hackers: Russian group

World / Crime & Legal Oct 10, 2018

Global cybercrime shifts to state-backed hackers: Russian group

The latest innovations in cybercrime have shifted from financially motivated actors to state-backed hackers focused on sabotage and intelligence gathering, a Russian cybersecurity firm said Tuesday. "The focus of innovations and research on the creation of complex malware, as well as organization of multi-layered targeted ...