News that a state agency in India was the victim of a ransomware attack highlights the need for public and private sector organizations to promptly take appropriate action to mitigate their risks as hackers start going after low-hanging fruit.
Want to build a cybercrime empire predicated on selling stolen payment card data? Here's how carder forum Vendetta Network blends outsourcing, partnerships and best-of-breed tools to maximize profits while minimizing risk.
As the U.S. ramps up its migration to EMV chip payments over the next three to five years, fraudsters will shift their attention to mobile wallets, says Al Pascual of Javelin Strategy & Research, who describes why in this video interview.
Don't leap to conclusions on the basis of a new report that suggests Yahoo is preparing to warn the world that it was hacked and lost hundreds of millions of users' account credentials. Someone may simply have harvested passwords reused on other sites.
FBI Director James Comey, Facebook CEO Mark Zuckerberg and security expert Mikko Hypponen all advocate covering up your webcam as a cheap and no-brainer defense against everything from unscrupulous competitors to sextortionists.
To help financial institutions better spot attempted fraud, the SWIFT interbank messaging network plans to begin offering voluntary "daily validation reports" to customers to flag unexpected senders, recipients or payments as well as unusually large payments.
The handling of a recent data breach - the details of which are still unfolding - by Oakland, Calif.-based web services company Regpack provides a look into how the discovery and disclosure of a breach can turn into a real train wreck.
At a time when India needs its leaders to spell out practical new ways to address its evolving cybersecurity challenges, Ravi Shankar Prasad, minister of IT and law, unfortunately chose to mainly rehash ongoing efforts in a recent presentation. What should be on the to-do list?
Chipmaker Intel will spin out its Intel Security unit - once again named McAfee - with a value that's markedly lower than what it paid. Meanwhile, long-gone founder John McAfee is suing for the right to launch a new security company bearing his name.
The need for an adaptive security approach, the shift from breach prevention to detection and a surge in spending on information security were some of the key themes at the recent Gartner Security & Risk Management Summit in Mumbai.
Kimpton Hotels & Restaurants is warning that all 62 of its hotels suffered a POS malware infection this year that resulted in the compromise of cardholder data. So far it's unclear if the attack relates to breaches of Oracle MICROS or other POS vendors.
Two hotel chains - Millennium and Noble House - are warning that they've suffered point-of-sale malware infections that compromised customers' payment card data. Both say they were alerted to related card fraud by the U.S. Secret Service. Could the breaches be tied to the Oracle MICROS breach?
Indian organisations are easy prey for Pakistani hackers who are defacing their websites and sometimes also blocking transactions. But law enforcement is finding it challenging to crack down on foreign hackers because of uncertainty over which Indian laws apply.
A Reuters report claiming executives at SWIFT for years neglected the security of its messaging system has stirred debate among security and anti-fraud experts. Who should take the lead role for security of bank-to-bank transactions - SWIFT or its member banks?