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The launch of iPhone  is being exploited by cyber-crooks for financial gain. PandaLabs has uncovered a tool that controls a botnet made up of over 7,500 zombie computers infected by the Aifone.A

Although the EU’s Telecom Rules have led to significant benefits for citizens and enterprises alike, important challenges remain for national and European regulators, says a report published by the Commission today. The

Moody’s Investors Service upgraded the long-term foreign and local currency government bond ratings and the long-term country ceilings for foreign currency bank deposits of Cyprus (to A1 from A2). A Moody’s press

Cyprus Trading Corporation Plc released its 1Q07 results with Net Profit after Minority Interest reaching CYP 867k (+45.6% YoY), 5.7%. The negative contribution of Minority Interest, however, decreased bottom line profitability by

The Cyprus Stock Exchange index broke through the 5000 level for the first time in seven years, closing Thursday at 5024.35 points, up 2.92% on the day and about 30% higher since

Options Cassoulides Plc announced that its subsidiary, A.G. Franchise Development Ltd reached a final agreement with Smartroot Ltd for the sale of 51% of the share capital of the Greek company Polychromo

The Statistical Service announced that the number of building permits authorised by the municipal authorities and the district administration offices during April 2007 stood at 749. The total value of these permits

Total imports/arrivals (covering total imports from third countries and arrivals from other member states) in January-April 2007 amounted to CYP 1,105.3 mln, compared with CYP 1.021.9 mln in January-April 2006. Total exports/dispatches

— Turnover up at CYP 249 mln, profit in ’06 at CYP 34.2 mln   CyTA, the state-owned telecom, is to launch new products and services by the end of the year,