Authorities have shuttered a digital currency service allegedly used to launder funds stolen in a $45 million ATM cash-out scheme exposed earlier this month. Learn why experts say lax laws paved the way for the fraud.
In this week's breach roundup, read about the latest incidents, including a hacker pleading guilty for his role in the 2011 breach of Strategic Forecasting Inc., a global intelligence firm, that affected about 860,000 individuals.
The Obama administration is intensifying efforts to get the Chinese government to stop hacking activities following a report that designs for many of the nation's most sensitive advanced weapons systems have been compromised by Chinese hackers.
A Department of Homeland Security system used to conduct background checks has been exposing personally identifiable information of employees and contractors since July 2009. DHS says the vulnerability has been fixed.
A variation of hack-back - in which a victim of a cyber-attack assaults the assailant's computer or network - could be used to mitigate the theft of intellectual property, according to the Commission on the Theft of American Intellectual Property.
Congress is highly unlikely to enact new laws to require industry to adhere to cybersecurity regulations. But that hasn't stopped a fierce debate among lawmakers and security experts on the value of such rules.
A $400,000 federal penalty stemming from the investigation of a breach at a clinic owned by Idaho State University is the latest example of how even relatively small security incidents can trigger hefty sanctions.
A distributed-denial-of-service attack in Europe highlights the need for Internet service providers to implement security best practices to prevent future incidents and protect their users, ENISA's Thomas Haeberlen says.
Breach statistics for 2012 show DDoS attacks dramatically increased in all sectors, says Verizon's Dave Ostertag. "If your organization, company or agency has a presence on the Internet, you're a potential victim now."
Dan Holden is among the DDoS experts saying banks should expect hacktivist attacks to resume soon. "It may not be next week, but I would be surprised if we did not see attacks resume the week after that."
As a result of a major breach of the state's tax system, South Carolina is considering creating a federated model of IT security governance. The plan would create a central organization to determine policies, with individual agencies implementing them.