The alleged leader of a cybercrime gang tied to more than $1 billion in losses has been arrested in Alicante, Spain. Authorities say "Denis K." is a Ukrainian national who led a gang that developed Carbanak and Cobalt malware to infect PCs as well as perpetrate ATM jackpotting attacks.
The U.S. Department of Justice has announced the indictment of nine Iranians alleged to have penetrated systems belonging to hundreds of U.S. and foreign universities, government entities and private companies to steal more than 31 terabytes of documents and data.
In the wake of the Punjab National Bank breach and other bank breaches, cyber insurance companies are seeing an uptick in demand for their products, says Anup Dhingra of Marsh India, an insurance brokerage and risk management firm.
As the Cambridge Analytica scandal continues to unfold, Congress seeks answers from Facebook, calling on CEO Mark Zuckerberg to testify. Also in the latest edition of the ISMG Security Report: Is it possible to build a secure digital wallet for storing cryptocurrency?
Facebook may be facing the fight of its life. The social media company is seeing mounting pressure and a collective outcry over personal data for millions of its users having been collected by a voter-profiling firm once retained by the Trump campaign.
The FBI has arrested the CEO of the Canadian smartphone service Phantom Secure on charges that he and four other suspects ran an encrypted telecommunications service used by more than 20,000 customers to facilitate illegal activities, including international shipments of cocaine and other drugs.
Leading the latest edition of the ISMG Security Report: The Trump administration sanctions Russian organizations and individuals over U.S. election interference, the NotPetya campaign and energy sector hacks. Also featured: A deep dive into the use of so-called active defense.
If you browsed the latest security headlines, you'd probably think the majority of data breaches were related to hackers, political activists, malware or phishing. While the latter two hint at it, the truth is that nearly half of all data breaches can be traced back to insiders in some capacity.
To the surprise of many, $120 million allocated by Congress since late 2016 to help the State Department combat foreign governments' U.S.-focused propaganda and disinformation campaigns hasn't been spent. Meanwhile, midterm U.S. elections are fast approaching.
Whoever unleashed malware built to disrupt last month's Winter Olympics in Pyeongchang, South Korea, designed it to look like it had been executed by a group of hackers tied to North Korea. But researchers at the security firm Kaspersky Lab say any such attribution would be false.
Kaspersky Lab says it has uncovered an elegantly written piece of malware that leverages a Latvian-designed router to launch stealthy attacks. The security firm hints that the malicious code could only have come from a well-resourced attacker, but it stops short of naming one.
A zero-day flaw in Adobe Flash, recently patched, has been targeted by a group of attackers that may have ties to North Korea as part of an apparent attempt to hack into Turkish banks, security firm McAfee warns. It notes that there are signs that financial institutions in other countries are also being targeted.
Leading the latest edition of the ISMG Security Report: America's top general says the U.S. response to Russian election interference isn't as well coordinated as it needs to be, and Pennsylvania sues Uber for failing to notify data breach victims in a timely manner.
Russian President Vladimir Putin has issued an unequivocal promise about the extradition potential for 13 Russian nationals accused of working for a Kremlin-backed troll factory: "Never." It's unclear how the U.S. might best battle Russia's influence operations.
The attorney general of Pennsylvania has filed a lawsuit against Uber for allegedly violating the state's mandatory breach notification law. It's the latest in a long string of legal and regulatory repercussions Uber is facing after waiting more than a year to disclose a serious breach.
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