Six suspects have been arrested as part of a 14-month international police probe into the theft of at least $28 million worth of bitcoin cryptocurrency from more than 4,000 victims in at least 12 countries. Investigators say attackers appear to have "typosquatted" legitimate bitcoin exchange sites.
Numerous industries, including financial services, rely on transaction-based controls to help spot and block fraud. But increasingly, organizations are also using session-based fraud detection and prevention.
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An alleged moderator of the AlphaBay underground marketplace has been indicted for facilitating sales on the darknet site before law enforcement shut it down.
Despite India's move to EMV-chip payment cards, ATM fraud continues to take place. Experts say risk of skimming is not eliminated with chip cards if they still have magnetic stripe and ATMs continue to read these stripes.
The early days of email attacks - so much noise in the form of malware, spam and links - have given way to attacks that often rely on little more than words, and email gateways often struggle to arrest social engineering ploys, says Michael Flouton of Barracuda Networks.
Bad news for anyone who might have hoped that the data breach problem was getting better. "Anecdotally, it just feels like we're seeing a massive increase recently," says Troy Hunt, the creator of the free "Have I Been Pwned?" breach-notification service. Unfortunately, he says, the problem is likely to worsen.
A new report from Accenture highlights five key areas where cyberthreats in the financial services sector will evolve. Many of these threats could comingle, making them even more disruptive, says Valerie Abend, a managing director at Accenture who's one of the authors of the report.
Dan Woods, vice president of the Shape Intelligence Center at Shape Security, outlines what enterprises can do to protect themselves against automated attacks.
Data breaches, incident response and complying with the burgeoning number of regulations that have an information security impact were among the top themes at this year's Infosecurity Europe conference in London. Here are 10 of the top takeaways from the conference's keynote sessions.
A British judge has determined that an extradition hearing for WikiLeaks founder Julian Assange won't be held until next February. The U.S. is asking for the extradition so Assange can face espionage charges.
The latest edition of the ISMG Security Report features a deep dive into an analysis of the cybersecurity risks that publicly traded companies face. Plus: Was the band Radiohead hacked? And what's unusual about the proposed Premera Blue Cross breach lawsuit settlement?
After a two-year absence, the FIN8 hacking group has returned with a new campaign targeting POS machines in the hotel industry with malware in an effort to steal credit card information and other data, according to new research.
The threat landscape continues to evolve, says Chester Wisniewski of Sophos. "The more professional, the more skilled criminals out there are moving, seemingly, away from this 'spray and pray' mass exploitation approach and getting more targeted. It's what I call a blended threat."
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