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.
Leading the latest edition of the ISMG Security Report is an in-depth look at why ransomware remains a pervasive threat and how it's evolving. Also featured: updates on venture capital investments in cybersecurity and a study of vulnerabilities in industrial remotes.
Australian security expert Troy Hunt says an 87 GB compilation of username and password combinations - drawn from more than 2,000 databases - includes 773 million unique email addresses for apparent use in credential-stuffing attacks. Takeaway: Use a unique password for every site, or else.
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.
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.
The recent exposure of customer data on the website of Singapore Airlines as a result of a software bug is further evidence of the persistent challenge of adequately addressing security during the development stage.
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?
The U.S. government shutdown is impacting agencies integral to the nation's cybersecurity readiness, and experts fear its long-term impact on the country's cyberattack response capabilities, as well as the risk that it will drive away desperately needed new cybersecurity talent from entering public service.