News stories by Tamas Gaidosch

WASHINGTON DC, Jul 18 (IPS) - Tamas Gaidosch, a senior financial sector expert in the IMF's Monetary and Capital Markets Department, is a cybersecurity professional with more than 20 years' experience, including probing banking systems to find cyber weaknesses. He formerly led the Information Technology Supervision Department at the Central Bank of Hungary.

Cybercrime is now a mature industry operating on principles much like those of legitimate businesses in pursuit of profit. Combating the proliferation of cybercrime means disrupting a business model that employs easy-to-use tools to generate high profits with low risk.