The Justice Department has charged five individuals with running a high-tech Ponzi scheme that allegedly fleeced investors out of $722 million by falsely promising clients big returns as part of a cryptomining operation.
Security experts speaking on the ending "locknote" panel at this year's Black Hat Europe highlighted trends from the conference, including the rise of fuzzing, simplification via the cloud, increasing vendor transparency as well as the industry too often still failing to focus on the basics.
A new malware campaign suspected of being tied to Iran has been targeting companies in the energy and industrial sectors in the Middle East, according to a report from IBM X-Force.
The use of artificial intelligence, machine learning and robotics has enormous potential, but along with that promise come critical privacy and security challenges, says technology attorney Stephen Wu.
Several e-commerce sites were targeted with a card skimming campaign that used the Salesforce-owned Heroku cloud platform to host skimmer infrastructure and stolen credit card data, according to a new report from the security firm Malwarebytes.
A clear theme Wednesday throughout the first day of the Black Hat Europe conference was the importance of approaching the design and defense of networks and systems by thinking like the enemy.
The Federal Bureau of Investigation warns that the photo-editing app FaceApp and other applications developed in Russia could be a "potential counter-intelligence threat" to the U.S.
A new malware campaign uses a Trojanized version of the game Tetris to target healthcare and educational institutions for credential stealing, according to Blackberry Cylance. Analysts have observed evidence of the threat actors attempting to deliver ransomware with the 'PyXie' Trojan.
This year's Black Hat Europe conference in London features dozens of briefings touching on a wide variety of topics, including exploiting contactless payment and Bluetooth vulnerabilities, identifying vulnerable OEM IoT devices at scale and running false-flag cyberattacks.
Digital streaming platform Mixcloud says it's the victim of a data breach after an attacker shared personal data for registered users with several media outlets, including Vice and ZDNet. The data on 21 million users is for sale in an underground market.
Google has directly warned more than 12,000 users across 149 countries that they have been targeted by government-backed hackers. Google says the attack attempts occurred in the third quarter of this year and targeted users of such services as Gmail, Drive and YouTube.
South Korean cryptocurrency exchange Upbit says hackers have stolen $49 million worth of ethereum, in what is the year's seventh major cryptocurrency heist. Much of the $158 million stolen so far this year is likely fueling the North Korean regime's appetite for luxury goods and weapons of mass destruction.
Dell Technologies is considering the possible sale of its RSA security division, hoping such a deal could be worth $1 billion, according to Bloomberg, which cites "people familiar with the matter."
Ransomware attacks have taken an unwelcome turn: The Maze gang reportedly has begun leaking a victim's files to create pressure to pay a ransom. Security experts say they're not surprised by this development, but note that given the different skills required, such tactics may not become widespread.
The U.S. Federal Reserve is warning that the increasing use of cryptocurrencies known as "stablecoins," without proper safeguards and regulations, could pave the way for crime, including money laundering and terrorism financing.
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