A British man named by authorities as "Daniel K." - aka "Spiderman" and "Peter Parker" - pleaded guilty in German court to infecting 1.25 million Deutsche Telekom routers with Mirai malware and causing more than $2 million in damage.
Medical transcription software vendor Nuance is the latest company to acknowledge that it's still struggling to recover from the recent global NotPetya ransomware attacks and will see a dip in its financial performance as a result.
It's boom time for the ransomware business as criminals continue to make easy cryptocurrency paydays via crypto-locking attacks. AlienVault's Javvad Malik and Chris Doman detail how crowdsourced threat intelligence can help in the fight against this threat.
Millions of connected devices already have been potentially compromised - inside and outside of the enterprise. Phil Marshall of Tolaga Research is concerned about when and how attackers will take advantage of these in the next big IoT strike.
Russian citizen Mark Vartanyan, aka "Kolypto," has been sentenced to serve five years in U.S. prison after he pleaded guilty to helping develop and distribute the notorious banking Trojan called Citadel.
Applying data science to detect anomalous behaviour is playing a bigger role in securing enterprises, says Sumeet Mathur, vice president at CA Technologies.
Ricoh's Australia office has notified banks, government agencies, universities and many large businesses about a curious data breach that, in some cases, exposed login credentials for its multifunction devices.
Fighting a well-established cyber underground churning out increasingly complex malware requires that defenders change tactics to make it far more difficult for attackers to succeed, says Sajan Paul of Juniper Networks.
An investigation into a single IP security camera has unfolded into yet another worrying finding in the land of the internet of things. Millions of IoT devices may have a remotely executable buffer overflow in an open-source code component, according to cybersecurity company Senrio.
Package-delivery giant FedEx is warning that the global outbreak of NotPetya malware will "materially impact" profits; its TNT Express international delivery service continues to experience "widespread service delays" as it struggles to restore crypto-locked systems.
What trait does a global cyberattack and a hurricane share? Both could cost insurers - and victims - dearly. In a new report, Lloyd's of London estimates that a major cloud services attack could trigger $53 billion in losses and cleanup costs.
Demands by politicians that people must be willing to surrender their privacy rights to help security services battle cybercrime are shorthand for governments having significantly underinvested in the required resources, says information security expert Brian Honan.
A discussion on the latest happenings in the darknet marketplace leads the latest edition of the ISMG Security Report. Also, getting to the bottom of Russia's Democratic Party hack could be the ultimate goal of a lawsuit filed against the Donald Trump presidential campaign.
The plaintiffs who are suing Donald Trump's presidential campaign for conspiring with Russia and WikiLeaks over disclosing their private information stolen from Democratic Party computers could declare a moral victory even if they lose their case. Could exposing the truth be their ultimate goal?
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