A $46.7 million fraud scheme that hit Ubiquiti Networks Inc. shows the new & improved face of wire fraud - and just how easy it is for cybercriminals to fool employees into helping to pilfer their own enterprises.
Carphone Warehouse, a U.K.-based mobile phone retailer, is investigating a cyber-attack that may have breached personal information associated with up to 2.4 million customers, and card data linked to 90,000 accounts.
Neiman Marcus has asked a federal court to reconsider its decision to allow a consumer class-action suit to go to trial. If the retailer fails, legal experts say, it could mean a costly setback for breached entities.
The takedown of Gameover Zeus taught law enforcement and banks many lessons, including that Trojans are being used to steal corporate secrets, not just money, says Eward Driehuis of Fox-IT, which investigated the threat actors behind the Trojan.
The Black Hat conference features presentations that have already led to very public warnings about remotely hackable flaws in everything from Jeep Cherokees and Linux-powered rifles to Android mobile devices and Mac OS X.
Georgia Tech researchers are attempting to develop new processes and technologies to more easily detect malware. The goal, researcher Wenke Lee explains, is to find an effective way to identify and expunge advanced persistent threats
News that charges were filed last week against two California residents for their alleged roles in the 2011 Michaels crafts stores breach, which involved terminal tampering, is a reminder of how much hackers have improved their techniques in just four years.
The 30-day Cybersecurity Sprint overseen by Federal CIO Tony Scott has crossed the finish line, but in reality, it looks more like a starting gate to a marathon to get the federal government to secure its battered IT.
The toolbar distributed by Chinese-language search engine Baidu is being targeted by opportunistic attackers and used to exfiltrate corporate secrets, warns Rob Eggebrecht, president and CEO of the security firm InteliSecure.
Julie Conroy of the Aite Group analyzes why a new report shows most top-tier North American banking institutions expect to increase their spending on online and mobile fraud mitigation in the next two years.
Attributing the Anthem, OPM and other breaches to specific attackers might be useful for government-level diplomatic efforts. But organizations must prioritize blocking all types of espionage and cybercrime attacks, says Symantec's Vikram Thakur.
The prices for stolen payment card data and other cybercrime products and services on Russian underground forums continue to fall. But the cybercrime ecosystem is more automated, effective and robust than ever, Trend Micro reports.
Just two weeks after an international, FBI-led operation disrupted the notorious hacking forum Darkode, leading to 70 arrests, a supposed site administrator has claimed the forum will reboot on the "dark Web." But security experts question those claims.