Extradited Russian national Vladimir Drinkman, who's been charged with masterminding the largest-ever hack attack in U.S. history, this week pleaded not guilty in U.S. federal court to 11 charges relating to the theft of 160 million payment cards.
A team of hackers has been operating since at least 2001, wielding malware that even today is among the most advanced attack code to have ever been discovered, according to a new study. Security experts are debating whether the NSA could be involved.
As cybercrime grows, Section 66A of India's IT Act is under scrutiny of the court, government and security leaders. Some experts say it requires amendments to ensure correct interpretation and implementation.
A key component of President Obama's executive order to encourage industry to share cyberthreat data is the creation of information sharing and analysis organizations, or ISAOs. But now, the hard part begins: defining the job and getting it done.
The Anunak/Carbanak gang continues to rob financial services firms and retailers, in part with ATM malware. A new report says the cybercrime gang has stolen up to $1 billion from banks in Russia, the U.S. and beyond.
The White House Summit on Cybersecurity and Consumer Protection late last week served as the stage for more than a dozen companies and trade groups to announce new initiatives aimed at securing Internet transactions and payments and reducing fraud.
In a Feb. 13 keynote speech at a cybersecurity summit, President Obama described the cyberworld as the "wild, wild West" and the American government as the sheriff. Then he signed an executive order aimed at boosting cyberthreat information sharing.
Enterprise IT administrators are being urged to immediately patch a flaw that affects every Windows system released for the past 15 years. Attackers could remotely exploit the flaw to take control of a device and run any code of their choice.
A new federal cyberthreat intelligence center could help the government build more resilient networks and better identify cyber-attackers, leading to arrests and punishments, says Harry Raduege, a former top Defense Department IT leader.
As hack attacks, such as the breach of Anthem Inc., become more common, it's more critical than ever for organizations to carry out an "adaptive defense model" to protect sensitive information, says Dave Merkel, chief technology officer at FireEye.