A previously unknown cybercrime group has hacked into numerous organizations in the retail and hospitality sectors to steal an estimated 20 million payment cards, collectively worth an estimated $400 million via underground cybercrime forum sales, FireEye reports.
Two of the hacker masterminds behind the notorious SpyEye malware have each received lengthy prison sentences after pleading guilty to related charges in U.S. federal court. But alleged Zeus creator and accomplice Evginy Bogachev remains at large.
Epic Systems' successful lawsuit against India's Tata Consultancy Services raises many security questions. For example, why did Epic find out about the allegedly inappropriate downloading of trade secrets from an external whistleblower, rather than as a result of internal detection efforts?
What could be worse than a ransomware infection? How about getting infected by "torture ransomware" that uses a sadistic puppet to taunt you, slowly deleting your encrypted files while increasing the ransom demand until you pay?
A jury's decision to award $940 million in damages to electronic health records software vendor Epic Systems, which had sued India's Tata Consultancy Services alleging theft of trade secrets, serves up lessons about the importance of restricting access to all sensitive data, including intellectual property.
Attackers have been exploiting JBoss application servers to install remote-control web shells as part of a campaign that targets enterprises with network-hopping SamSam (a.k.a. Samas) ransomware, researchers at Cisco Talos warn.
A cybercrime gang has been using new malware to target business customers of banks in the United States and Canada and steal millions of dollars, primarily from business accounts, researchers at the IBM X-Force security group warn.
Even with the exponential increase in what technology can achieve in fighting security threats and fraud, a recent discussion with practitioners suggests that insider risk remains the biggest issue giving practitioners sleepless nights.
Apple's QuickTime media player and web browser plug-in should be immediately expunged from all Windows systems, security experts warn, in a reminder of the dangers of using outdated software - especially web browser plug-ins.
Russian authorities have reportedly sentenced Dmitry "Paunch" Fedotov, the developer of the notorious Blackhole exploit kit that's been linked to large amounts of fraud, to seven years in prison - an unusually severe sentence for online crime in that nation.
Enacting legislation to compel tech companies to help law enforcement decrypt data on mobile devices would diminish America's standing as a moral leader in the world, a nation looked up to by billions of people, even with our many flaws.
The scant - if not conflicting - details and sourcing attached to a recent news report on how the FBI cracked an iPhone 5c have left information security experts questioning both technical details and related agendas.
Is it ever acceptable for ransomware victims to pay a ransom to obtain the decryption key required to restore access to their data? Due to poor preparation, many organizations continue to face that question.
Backed by its own logo, Badlock refers to a set of critical Samba vulnerabilities in Windows and most Unix/Linux operating systems, which attackers could exploit to launch man-in-the-middle attacks against corporate networks.