A cybercrime gang called "Silence," which appears to have just two members, has been tied to attacks that have so far stolen at least $800,000, in part via ATM jackpotting or "cash out" attacks, warns cybercrime investigation firm Group-IB.
Ransomware creators, having already created "themes" for their crypto-locking malware ranging from Pokemon and horror movies to princesses and Donald Trump, have now debuted "Barack Obama" ransomware. In a sign of the times, the ransomware doubles as a monero cryptocurrency miner.
Nearly one-third of U.S. banking consumers use online and mobile fintech apps to help manage their money. But those users are concerned about data privacy and want more control over the financial data their apps can access, says David Fortney of The Clearing House, who reviews the results of a survey.
In the past six months, more than 7,000 sites that run Magento e-commerce software have been infected with malicious JavaScript designed to harvest customers' payment card details as they finalize their orders, a security researcher warns.
In the wake of a growing number of mob lynchings often attributed to fake news spread via WhatsApp, the government is looking for an easy solution. But while some of what it's proposing makes sense, a plan to make messages more traceable would prove impractical.
Hear from the FBI on the tenets of cyber defense and current trends in cybercrime. Then, learn from Shape Security about a specific type of cybercrime: imitation attacks.
The latest edition of the ISMG Security Report offers an update on how Russian bots and trolls are spreading misinformation on vaccines via social media - and the public health impact of the campaign. Plus: Tips on disaster recovery, internet of things security.
So far, police have not found evidence that a major organized hacking group was responsible for the Cosmos Bank heist, which involved the theft of $13.5 million through ATMs and unauthorized SWIFT transactions. What steps should banks take to avoid becoming the next cyber heist victim?
U.S. consumers now own about 870 million IoT devices. In an interview, Al Pascual of Javelin Strategy & Research, discusses the challenges involved in securing the exploding IoT landscape.
Public health alert: Russian trolls have been spreading "polarized and anti-vaccine" misinformation via social media in a manner that appears designed to undercut trust in vaccines, researchers warn. Lower vaccination rates have already contributed to a rise in mass outbreaks of measles among children.
T-Mobile has suffered a breach that may have exposed personal data for 2.3 million of its 77 million customers, and one security researcher says the hacker appears to be keen to sell the stolen data.
Although fraud schemes continue to evolve, social engineering remains a critical element, says Brett Johnson, a former fraudster who now advises organizations on how to fight cybercrime. He explains how new attacks are often tweaks of much older schemes.
The March SamSam ransomware attack in Atlanta is reported to have cost the city $17 million to resolve. The attackers had asked for a $51,000 bitcoin ransom, which the city refused to pay. But Gartner Research analyst Avivah Litan stresses that paying ransoms has more cons than pros.
Google has suspended multiple YouTube channels and videos, as well as blogs, after tying them to phishing attacks and influence operations linked to Iran's state media. The technology giant's moves coincided with similar efforts by Facebook and Twitter.
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