A group of cybercriminals known for their persistence and precision in executing attacks against banks' ATMs and card processing infrastructures has regrouped despite the arrest of their alleged leader.
Calling Grant West "a one man cybercrime wave," a British judge sentenced him to serve more than 10 years in prison after he admitted to hacking into businesses, spoofing 100 organizations via phishing campaigns and earning profits in bitcoins from the sale of stolen personal details.
Compliance with the EU's General Data Protection Regulation, which is now being enforced, will be tougher for large organizations in the payments sector because they have huge volumes of data, says Swati Sharma, a security specialist at British Telecom.
File-less malware is a huge security challenge for organizations today, and traditional email security controls aren't sufficient to meet the challenge. Burke Long of Lastline offers insight on a new way to approach email security.
As Japan continues it push toward digital transactions, it's taking steps to ensure security, including adopting the PCI Data Security Standard, says Jeremy King, international director of the PCI Security Standards Council, who offers an update.
To judge by the flood of GDPR-themed email hitting inboxes, Europe's privacy law has been designed to ensure that you say "yes" to companies that monetize the buying and selling of your personal details, regardless of whether you remember ever having done business with them before.
A swift FBI sinkhole blunted an apparently imminent attack against Ukraine via "VPN Filter" malware, which has infected more than 500,000 routers. But mass router compromises will continue so long as manufacturers fail to build in easy or automated patching and updating, security experts warn.
At least 500,000 routers, mostly located in Ukraine, have been infected with "VPN Filter" malware that experts believe is a prelude to a massive cyberattack. But the FBI has sinkholed the control domain for the router botnet, which should help contain the potential damage.
Following 33 arrests, police in Europe say they have dismantled a Romanian-led crime gang that used phishing attacks, online scams and fake invoices to steal more than $9 million from victims in Spain, including individuals as well as organizations ranging from hospitals to government agencies.
European Parliamentarians finally had their opportunity on Tuesday to ask Facebook CEO Mark Zuckerberg questions about its data handling and privacy practices. But the session, which lasted roughly 90 minutes, turned into a somewhat frustrating flop.
John Gammell of New Mexico has been sentenced to serve 15 years in prison for launching DDoS attacks against prior employers and business competitors, as well as for being a convicted felon in possession of firearms.
If you're paying attention, you've probably already seen a handful of GDPR-related headlines just today, let alone in the last week or month. But there are two good reasons for the deluge of GDPR discussion right now: It's incredibly important and the time to act is now.
To secure India's growing digital payments ecosystem, it's vital to have comprehensive regulatory guidelines as well as a threat sharing platform, according to a new report by the Data Security Council of India and PayPal.
Leading the latest edition of the ISMG Security Report: Years of massive data breaches have fueled an increase in synthetic identity fraud, in which fraudsters combine real and bogus details to create more effective fake identities. Plus, has "The Dark Overlord" hacking group finally met its match?
The fraud landscape in Asia varies considerably, but in many countries, fraud costs are rising. Among the key factors are the growth in cashless transactions as well as mobile apps, says Greg Russell, head of IBM Trusteer APAC.