Liberty Reserve founder arrested in Spain

Arthur Budovsky arrested. Allegedly, Liberty Reserve is a no questions asked metod of moving money around the world. Article is a little confused, clearly taking Costa rica police statements and throwing some background at them. Probably needs a more measured piece to back it up.

Three more arrests over phishing scam targeted students

scam targeting student loan scheme. students asked to update bank details and accounts then raided by criminal network

Traders' email messages give frauds away, study shows

new software developed by Ernst and Young together with FBI shows key phrases in rogue traders messages to colleagues. But presumably, you have to exercise surveillance over everyone? privacy issues? good heavens, dont be silly!

Britain 'losing the war on cyber crime' as costs hit £205 million

Hmmm...Commissioner of City of London basically trying to protect himself against cuts here, I suspect, but he does give figures for various types of crime...mostly from the back of an envelope, but that never stopped academics using them as references!

Huge rise in social media 'crimes'

This is an area where the process of definition of what is and isnt a "crime" is still taking place. The Chambers case demonstrated that protest can still overturn a stupid decision by a court, but it also demonstrated the power of celebrities, which is itself a disturbing feature. Might be an idea to look at the interim guidelines, linked from this BBC piece.