Australian entrepreneur Craig Wright boasted that he was the secret bitcoin creator known only as "Satoshi Nakamoto." But his claim has been dismantled by security experts, leading one to call Wright "the world's first cryptographically provable con artist."
The emerging threats posed by cybercrime and evolving banking services, including mobile banking, will be among the focal points of a keynote address by the Information Security Forum's Steve Durbin at ISMG's Fraud & Breach Prevention Summit in Washington May 17-18.
Anonymous has unleashed a DDoS campaign against banks, commencing with an attack against the Bank of Greece's website, followed by attacks against other bank websites. But the impact of the interruptions apparently has been minimal, continuing Anonymous' track record for attacks that fail to pack much of a punch.
Close on the heels of the QNB leak, the same attackers have published data that appears to be from UAE-based InvestBank. The dump appears to contain payment card data, as well as a large number of sensitive, internal files relating to the bank's employees and systems.
In the aftermath of a media maelstrom surrounding an alleged hack, the IRCTC flatly denies any compromise, but it's anxious to verify data in police possession, which the authorities apparently have still not shared. Here's the full lowdown.
Russian email service Mail.Ru says its users' credentials contained in data leaked to Hold Security are 99.982 percent invalid, leading it to slam the security firm for stoking "media hype." But Hold Security's CISO contends the leak contains valid email addresses that could be used for phishing and spam.
A security firm claims to have obtained from a young Russian hacker a data set that includes 272 million unique credentials for Hotmail, Gmail and Yahoo email addresses, among others. But there's no reason to panic, security experts say.
The Pakistan National Assembly has approved the cybercrime bill under the Prevention of Electronic Crimes Act, 2015. It is a positive move, but given the challenges of execution, there is still far to go in ensuring a cybersecure ecosystem.
The section chief of the FBI's Cyber Division says "the FBI does not condone payment of ransom," in part because it enables criminals to victimize others. Instead, the bureau continues to urge all potential victims to get their IT house in order.
Have you tested things before they break? Could an email be a trap? In honor of Star Wars Day, we proudly present essential cybersecurity lessons as derived from - and delivered via - the wisdom and wit of the iconic space opera.
For years, we have been talking about why corporate boards of directors should pay much greater attention to the issue of information security. Could a new cybersecurity assessment app help get board members involved?
Following the theft of $81 million from Bangladesh Bank, is it time for banks to make SWIFT money transfers less automated and better supervised and thus secure? An alleged scam from the days of telex machines and code books offers useful perspective.
As the U.S. Congress unanimously approves the Email Privacy Act, the question arises: Is India ready for such legislation? Security leaders discuss what prevents the enactment of such a law and whether law enforcement is even ready for one.
Five new payment card data security requirements for third-party service providers are among the most significant changes included in version 3.2 of the PCI Data Security Standard released April 28, says Troy Leach of the PCI Security Standards Council.