A member of the now-defunct "Silk Road" darknet marketplace surrendered to authorities this week and immediately pleaded guilty to making false statements to federal agents regarding his involvement with the creation of the notorious website, according to the Justice Department.
The U.S. Cybersecurity and Infrastructure Security Agency is warning of an uptick in attacks using LokiBot, an information stealer capable of sweeping up credentials. Fraudsters are using new methods to spread the malware.
An international coalition of police agencies made 179 arrests and seized virtual currency, cash and drugs based on intelligence gathered from earlier takedowns of the Wall Street and Alphabay darknet marketplaces.
It might be new, but are we ready to call this "normal?" In this latest in a series of CEO/CISO panels, cybersecurity leaders talk frankly about the new risk surface and the role emerging technologies play in helping us keep pace with our adversaries.
Hackers compromised the network of Saudi Arabia's Virgin Mobile KSA, gained email system access and offered stolen data for sale on the dark web. According to a source with knowledge of the attack, the incident - remediated late last week - is one of a string of attacks against organizations in the Middle East.
The key element for a successful fraud fusion center in banking is for fraud and security teams to work together using a simple methodology to prevent, detect and resolve fraud, says technology adviser Ben Wallach, the former executive vice president and chief fraud director at BB&T, a U.S. bank holding company.
An organization has successfully implemented a "zero trust" framework when it can achieve context-aware resolution of a risk, says Dr. Siva Sivasubramanian, CISO of SingTel Optus, an Australian telecommunications firm.
Empire is the latest darknet market to "exit scam," meaning administrators ran away with users' cryptocurrency, leaving the market to fail. Given the ongoing risk of exit scams, as well as police often targeting such markets, why do they persist?
Mozi, a relatively new peer-to-peer botnet, is now dominating global IoT network traffic, according to a new report from IBM's X-Force unit. The malware is being used to launch DDoS attacks as well as mine for cryptocurrency.
The U.S. Treasury Department on Thursday imposed sanctions on an Iranian advanced persistent threat group, 45 associated individuals and a front company the Iranian government allegedly used to run a years-long malware campaign that targeted Iranian dissidents, journalists and others.
Many financial institutions have deployed fraud fusion centers as a way to help mitigate risks. But as fraudsters revamp their techniques, banks need to revamp these centers to keep up, says Jeff Dant of BMO Financial Group, who will speak at ISMG's Virtual Cybersecurity and Fraud Summit: Toronto.
Two Iranian nationals have been charged with participating in a years-long hacking campaign that targeted vulnerable networks in the U.S., Europe and the Middle East to steal "hundreds of terabytes" of data, according to the U.S. Department of Justice.
An Instagram post by one of Australia's former prime ministers led to a security researcher finding his passport and phone number due to a coding error in a widely used airline ticketing system. The bug has been fixed, but it's another warning to avoid posting photos of boarding passes.
Stop me if you think you've heard this one before: Some ransomware attackers are hiding attack code in virtual machines or creating new leaking sites to pressure victims into paying.
Federal prosecutors have unsealed indictments charging five Chinese suspects - alleged members of the China-linked APT41 hacking group - with breaching more than 100 companies, government agencies and other organizations around the world.
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