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  • Phishers Felled Bitcoin Exchange

    $5 Million Bitstamp Breach Detailed in Unconfirmed Report Phishers Felled Bitcoin Exchange

    An unconfirmed post-breach report for bitcoin exchange Bitstamp shows the organization was targeted by a sustained attack that combined phishing via email and Skype with macro malware to successfully steal almost 19,000 bitcoins, worth $5 million. Read more...

  • Europol Details Online Jihadist Hunt

    Extremist Propaganda Targeted By EU Internet Referral Unit Europol Details Online Jihadist Hunt

    Europol has launched a new EU Internet Referral Unit to combat online terrorist propaganda, disrupt extremist recruitment and coordinate related intelligence-gathering and law enforcement response. Read more...

  • PCI Encryption Standard Updated

    How Optional Standard Can Ease PCI-DSS Compliance PCI Encryption Standard Updated
    Jeremy King, PCI Security Standards Council

    The PCI Security Standards Council has just released version 2 of its point-to-point encryption standard. Jeremy King of the PCI SSC explains how this optional standard can complement PCI-DSS compliance. Read more...

  • Europol Targets Ukrainian Botnet Gang

    Alleged Zeus, SpyEye Banking Trojan Cybercriminals Arrested Europol Targets Ukrainian Botnet Gang

    European authorities say they have disrupted a Ukraine-based cybercrime gang tied to $2.2 million in fraud in Europe, the United States and beyond, perpetrated via banking Trojans, botnets and hacking-for-hire services. Read more...

  • EU Police Arrest Suspected Phishers

    Cross-Border Cybercrime Gang Tied to $6.7 Million in Fraud EU Police Arrest Suspected Phishers
    European Cybercrime Center. Source: Europol

    An international police effort dubbed "Operation Triangle" has resulted in the arrest of 49 suspected members of a cybercrime group accused of launching phishing attacks to steal at least $6.7 million. Read more...

  • Blog

    Can Selfies Fight Payment Card Fraud?

    MasterCard Tests Facial Recognition App By Mathew Schwartz
    Can Selfies Fight Payment Card Fraud?

    MasterCard is testing a smartphone app that lets users approve online transactions using facial recognition, via the equivalent of taking a selfie. But could such technology be spoofed, and will it reduce card fraud?

  • Article

    Cisco to Acquire OpenDNS

    $635 Million Deal to Boost 'Internet of Things' Security By Mathew J. Schwartz
    Cisco to Acquire OpenDNS

    Cisco announced plans to pay $635 million to purchase cloud security firm OpenDNS to better secure the "Internet of Everything." OpenDNS says the acquisition will leave its products and personnel intact.

  • Article

    OPM Breach: China Is 'Leading Suspect'

    But Intel Chief Urges Policymakers to Improve Defenses By Mathew J. Schwartz
    OPM Breach: China Is 'Leading Suspect'

    China is the "leading suspect" behind the OPM breach, says Director of National Intelligence James Clapper, who adds that until the U.S. can meaningfully deter such attacks, it must focus on getting better at defense, not retribution.

  • Article

    China, U.S. Plan Cyber Code of Conduct

    Obama Presses Chinese Government to Lower Cyber Tensions By Mathew J. Schwartz
    China, U.S. Plan Cyber Code of Conduct

    China and the U.S. have agreed to create a new cyber "code of conduct." The move comes in the wake of the U.S. Office of Personnel Management breach, with President Obama urging Chinese officials to help lower cyber-related tensions.

  • Blog

    Easy Access Fuels ATM Attacks

    ATM 'Eavesdropping' Alert Highlights New Risks By Tracy Kitten
    Easy Access Fuels ATM Attacks

    A growing number of ATM card reader eavesdropping attacks involve attackers getting in through a tried-and-true method - taking advantage of commonly used electronic access keys or codes. What can be done to stop these attacks?

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ARTICLE Biz Email Fraud Could Hit $1 Billion

Wire fraud perpetrated via business email compromises has quickly become a top concern for banking...

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ARTICLE Biz Email Fraud Could Hit $1 Billion

Wire fraud perpetrated via business email compromises has quickly become a top concern for banking...

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