As part of its ongoing push toward cashless payments, India is taking steps to ramp up the use of contactless payments, which are already becoming more common in Japan, South Korea, Australia, the U.K. and the U.S. What can be done to balance security vs. convenience?
The U.S. Federal Trade Commission is close to concluding its investigation into Facebook over the Cambridge Analytica scandal, the Washington Post reports, noting that the social network may face a record-setting fine, exceeding the $22.5 million fine the FTC in 2012 slammed on Google.
Banks in West Africa have been targeted by at least four hacking campaigns since mid-2017, with online attackers wielding commoditized attack tools and "living off the land" tactics to disguise their efforts, Symantec warns.
Cybercrime outfits appeared to take a vacation around the December holidays. But attacks involving Emotet, Hancitor and Trickbot have resurged following their December slowdown, as has the Fallout exploit kit, lately serving GandCrab ransomware.
Facebook has removed hundreds of accounts, alleging that the account creators misrepresented their identity. The social network alleges that some of the accounts were surreptitiously created by employees of the state-owned Sputnik news agency in Moscow, which Sputnik disputes.
Airline booking system provider Amadeus - whose system is used by 500 airlines - is investigating a software vulnerability that exposed passenger name records, which is the bundle of personal and travel data that gets collected when booking a flight.
The U.S. Securities and Exchange Commission has charged seven individuals and two organizations with being part of an international scheme that hacked the SEC's EDGAR document system, stole nonpublic corporate information and used it to illegally earn $4.1 million via insider trading.
Radio controllers used in the construction, mining and shipping industries are vulnerable to hackers, Trend Micro says in a new report. To address the issue, researchers say, manufacturers need to move away from proprietary communication protocols and embrace secure standards, such as Bluetooth Low Energy.
The Reserve Bank of India intends to do away with the one-time password authentication process for online transactions. In a step in that direction, for the first time, it's allowing widespread tokenization of debit, credit and prepaid card transactions to enhance the safety of digital payments.
Ransomware attacks continue, with the city of Del Rio, Texas, saying its operations have been disrupted by crypto-locking malware. Meanwhile, CryptoMix ransomware urges victims to pay ransoms, claiming it will fund treatments for seriously ill children, while GandCrab gets distributed via malvertising attacks.
Researchers from Tenable Security claim they have found what is essentially a skeleton key for an ID and access control system that could open the doors for anyone, plus other less severe but nonetheless zero-day vulnerabilities.
The organization that manages IT for Singapore's public healthcare sector says it has terminated, demoted or financially penalized several employees for their roles in the handling of a 2017 cyberattack on SingHealth, the nation's largest healthcare group. What do U.S. security experts think of these measures?
Numerous cybercrime gangs continue to use darknet forums to seek fresh recruits, sell stolen data or advertise hacking services. One recent job listing from the data-leaking blackmail gang called The Dark Overlord sought technically proficient individuals who were fluent in Arabic, Chinese or German.
A U.K. court has sentenced Daniel Kaye, 30, after he admitted launching DDoS attacks against Liberia's largest telecommunications company in 2015 and 2016. A rival internet services provider paid Kaye $100,000 to launch the attacks.
A hacktivist who launched distributed denial-of-service attacks on Boston Children's Hospital and another local facility in 2014 has received a lengthy prison sentence and must pay restitution. But will the outcome of the case deter other hackers?
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