One of the three Ukrainian men charged with leading the notorious Fin7 hacking group, which prosecutors say stole 15 million payment cards, has pleaded guilty to two federal charges.
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Risks associated with cyber security incidents and business interruption are major concerns for companies worldwide. Improperly managed, cyber security incidents like ransomware can bring companies to a standstill and the resulting financial losses can have a substantial impact. Using...
The Australian government is looking to update its national cybersecurity strategy by 2020. In preparation, it's released a discussion paper that seeks input from citizens, the business community, academics and other stakeholders.
A global law enforcement operation has resulted in the arrest of 281 suspects allegedly involved in business email compromise scams. The announcement comes on the same day as the FBI's Internet Crime Complaint Center says that losses from BEC scams have hit $26 billion and are continuing to rise.
While hacking incidents grab the top spots on the federal tally of large health data breaches these days, the serious threat of malicious insiders must not be overlooked or underestimated, the HIPAA enforcement agency and security experts warn.
Researchers at Kaspersky discovered malware hiding in advertising within a recent version of the popular CamScanner app for Android smartphones. Over the years, the app has been downloaded over 100 million times from the Google Play store.
A new variant of the TrickBot banking Trojan is enabling attackers to conduct SIM swapping schemes against Verizon Wireless, Sprint and T-Mobile customers in the U.S., potentially paving the way for account takeover fraud, according to a report from Dell's SecureWorks division.
In a series of recent attacks attributed to the umbrella criminal group known as Magecart, malicious JavaScript code was injected into over 80 e-commerce websites to steal credit card and other customer data, according to a new report from the security firm Arxan, which highlights the sites' vulnerabilities.
The payment card industry needs to do more to tackle the rising problem of fraud, says information security expert William H. Murray, pointing to the new Apple Card - which lacks the card number printed on it - as an example of how the industry must evolve. But numerous cultural challenges remain, he says.
After two months of inactivity, the notorious Emotet botnet is poised to start delivering malicious code again; active command-and-control servers have been spotted in the wild, researchers at the security firm Cofense warn.
Online account origination fraud has grown 30% since 2017, with $1.3B losses in 2018. The increase in losses has a lot to do with fraud rings switching from automated attacks to human workers who submit applications manually - this is because nothing solves a CAPTCHA like a human.
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"Silence," a Russian-speaking criminal group that has stolen $4.2 million from ATMs and financial institutions since 2016, has become more active this year, using new tools and tactics in its attacks and expanding its reach globally, according to the security firm Group-IB.
To explore how credential stuffing attacks and brute force attacks differ, we need to understand what they are and how they operate. Here is a quick summary.
An A-list of cyber experts, including former Homeland Security Secretary Jeh Johnson, has put its weight behind U.S. CyberDome, a nonpartisan initiative to protect presidential campaigns against foreign influence. Matthew Barrett, a former NIST leader and co-founder of CyberDome, outlines how this group is gearing up.
For at least half a decade, HSBC helped to wash hundreds of billions of dollars for drug mobs, including Mexico's Sinaloa drug cartel, as well as move money for terrorist organizations linked to Al Qaeda and Hezbollah and for Russian gangsters. Furthermore, HSBC helped countries like Iran, the Sudan and North Korea...
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