Poor post-breach communication can cause as much damage to a company's reputation as the cyber-incident itself, says Al Pascual, a senior analyst at Javelin Strategy & Research, who will speak at ISMG's Fraud Summit Dallas.
U.S. and European law enforcement officials have arrested 17 alleged vendors and operators of illegal "Darknet" online marketplaces, shuttered 410 websites - including Silk Road 2.0 - and seized narcotics and $1 million in bitcoins.
A hotel booking website hack - resulting in stolen payment cards - triggers a regulator's warning that businesses still need to pay close attention to eliminating SQL injection vulnerabilities from their websites and emphasizing secure coding.
In addition to 56 million payment cards being compromised in the Home Depot data breach, approximately 53 million e-mail addresses also were stolen, the retailer reported in an investigation update on Nov. 6.
The developers of the Backoff point-of-sale malware that's infected more than 1,000 U.S. businesses have continued to refine their attack code, including encrypting communications and making the malware tougher to spot or eradicate, researchers say.
Apple iOS and Mac OS X devices are susceptible to WireLurker, a previously unseen malware family that spreads via a third-party Chinese app store, and which can infect even non-jailbroken iOS devices, Palo Alto Networks warns.
The Dutch government this week upheld a 2012 U.S. extradition request for Vladimir Drinkman, who's accused of masterminding the "Shadowcrew" team that hacked Nasdaq, 7-Eleven and others, stealing 160 million cards and causing $300 million in damages.
Sen. Ron Johnson, R-Wis., the presumptive chairman of the Senate committee with government IT security oversight, hasn't immersed himself heavily in cybersecurity issues during his 4-year Senate tenure.
Nearly three years after his indictment, the alleged kingpin of an Estonian gang that infected 4 million PCs in more than 100 countries with malware, generating an estimated $14 million in fraudulent online ad revenue, has been extradited to the U.S.
The debate between leading retail and banking associations over accountability for card fraud has heated up in recent weeks. One retail group now says claims about merchant security and fraud liability have been misstated.
As a result of the Home Depot breach, which compromised 56 million cards, credit unions have spent nearly $60 million dealing with card reissuance and fraud costs, according to the Credit Union National Association.
Hackers launched a successful phishing attack against Fidelity National Financial employees, then used the stolen information to attempt to reroute money transfers, the title insurance and mortgage services firm warns.
Automated attacks have potentially compromised the majority of websites that run the Drupal content management system, giving attackers platforms for launching malware, DDoS attacks and spam, according to the Drupal security team.
The developer of CurrentC, a mobile wallet application, has confirmed a breach at its e-mail provider, which has resulted in the compromise of e-mail addresses for those participating in a pilot program or who requested information about it.