After an investigation initiated by the security service of Sberbank, Russia’s national savings bank, the activities of an organized criminal group of hackers that specialize in stealing money from the bank accounts of companies have been suppressed. This was achieved thanks to joint efforts by the Bureau of Special Technical Measures (BSTM) and the Russian FSB Information …
Russian hackers get jail time for online banking thefts Read More
In an empty Japanese restaurant on the northeast outskirts of Moscow, Nikita Kislitsin, a 28-year-old Russian with blond hair, blue eyes and translucent skin, is showing me how to pull off a multimillion-dollar cyberheist on his MacBook Air. The ace hacker is methodical; his slim fingers click quickly through a series of applications to activate …
From Russia with Code: The next generation of cybercrime Read More
The Russian government demonstrated earlier this month that it not only knows how to obstruct Internet freedom, but also uphold it. A high-level government official who appeared to have threatened to block Twitter in Russia has been officially reprimanded. Maxim Ksenzov, the Deputy Director of Roskomnadzor, the Russian telecom market watchdog, complained on May 16 …
Russian authorities vs. Twitter: Threat of censorship over, or just over for now? Read More
Across the numerous industry events offered in Western Europe, precious few are worth a plane or train trip to attend. Among those that make the cut, the eTail Europe multi-channel retail event being held June 23-25 in London stands apart. East-West Digital News, a partner of the event, has obtained an exceptional 50% discount off …
Interest in the fast-growing Russian digital content market received further confirmation this past Friday with the announcement of a $6.5 million investment by Umart, Russia’s number one online retailer, in Dream Industries, a Moscow-based developer of digital content platforms. The move came just one week after e-commerce pioneer Ozon acquired a stake in Russia’s e-book …
On May 16, amendments to the Russian legislation on payments came into force with potentially far-reaching consequences for e-payment and e-commerce companies working with Russian customers – including those operating from abroad. The amendments, included in an “anti-terrorism” package adopted by the Russian parliament on May 5, make user identification mandatory for electronic payments in …
In what have been a rocky first four months of this year, leading Russian Internet companies saw interest in their stocks ebb and flow. Yandex, Russia’s NASDAQ-listed search giant, was heavily in play. Tiger Global Management, one of the largest pre-2011 IPO Yandex owners, is now completely divested of its Yandex stock, NASDAQ reports.
eBay has signed a deal with Russian online store Dostami.ru that will increase the American Internet auction giant’s deliveries from the U.S. to Russia and the former Soviet republics, Lenta.ru reported Tuesday, citing representatives from both companies. The agreement will allow eBay users in the CIS to buy from sellers who don’t deliver to the region, and also to receive goods purchased from different sellers in one package, Vladimir Dolgov, …
eBay partners with Dostami.ru to make deliveries from US to Russia easier Read More
Responsible for the international activities and business development of Russian delivery service company SPSR, 32-year-old Alex Vasiliev personifies Russia’s new generation of internationally-oriented retail and logistics professionals. Before joining SPSR in 2011, he served Turkish companies operating in Russia in the bank card and logistics industries. In this interview with East-West Digital News, Vasiliev describes SPSR’s thriving …
iHerb, the largest US online store for health and beauty, begins delivering to Russia through alternative shipment company Boxberry. iHerb is the U.S. market leader in the field of vitamins, supplements and beauty products. The site offers 35,000 products from more than 1,000 well-known brands. The Internet shop, which has a Russian version, is certified by NSF …
US health and beauty online store iHerb delivers via next-gen shipment provider Boxberry Read More
Russian Prime Minister Dmitry Medvedev has spoken out on a number of internet and business related issues in a wide-ranging interview with Bloomberg’s Ryan Chilcote. In the run up to the St Petersburg Economic Forum, which will go ahead without many Western CEOs warned by their governments to stay away, Medvedev accuses the West of …
Medvedev on Russia’s response to the West’s “Soviet” approach to business Read More
In early May TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced the completion of a $200,000 investment in Israeli startup Drippler, in exchange for a 1.86% share. Drippler is a mobile and web-based discovery service helping people adopt everyday technology in an easy and interactive way. Drippler provides users with daily tech …
TMT Investments injects $200,000 into Israeli startup Drippler Read More
