European police have arrested a "main target" as part of a previously undisclosed law enforcement effort, dubbed Operation Pleiades, against the distributed denial-of-service attack gang called DD4BC, or "DDoS for Bitcoin."
The takedown of an Eastern European gang believed to have been responsible for a string of ATM jackpotting attacks serves as a reminder of why ATMs running outdated operating systems and universal access keys pose significant worldwide security risks.
While DDoS attacks were once deemed primarily a nuisance, experts now say they're becoming a routine strategy cybercriminals use as part of a campaign to commit fraud or extortion. What are the four key attack trends to watch out for in 2016?
Slamming a Ukrainian energy provider for recently falling victim to a spear-phishing email and Excel macro attack might be easy. But security experts recommend all organizations use the incident to ensure they won't fall victim to copycat attacks.
A judge has dismissed a class-action lawsuit against Michaels, filed after the retailer warned that POS malware-wielding attackers had successfully stolen details of an estimated 2.6 million payment cards. But the ruling isn't a surprise - here's why.
Reports on the Ukrainian energy supplier hack have left many crucial questions unanswered: Who was involved, did malware directly trigger a blackout and are other suppliers at risk from similar attacks? Cybersecurity experts offer potential answers.
The FFIEC's Cybersecurity Assessment Tool is already being integrated into regulators' cybersecurity examinations, says Gartner analyst Avivah Litan. But the tool has so far led to more confusion than clarity, she says, and must be enhanced in 2016.
A power blackout that recently affected about 1.4 million Ukrainians has been tied to an espionage Trojan called BlackEnergy. The attack appears to be the first time that hackers have successfully used malware to help disrupt energy-generation systems.
Fraudsters consistently work across different channels to defraud banking institutions. And now banks are getting smarter about converging those channels to fight fraud. Bill Sweeney of BAE Systems Applied Intelligence shares insights in this video interview.
To minimize the risk of business email compromise schemes and similar types of fraud, senior executives at businesses should avoid posting information about their activities on social media and other accessible forums, says security expert Chuck Easttom.
Four years after European criminals exploited EMV implementation vulnerabilities to steal an estimated $650,000, security experts say not all banks have adopted full fixes. But the payment card industry contends related mitigations are in place and working.
Adobe is warning Flash users to update their software immediately in the wake of zero-day attacks that can enable attackers to take full control of vulnerable systems. This year, Adobe has patched 316 bugs in Flash. Is it time for the plug-in to die?
Hyatt warns that it's the latest hotel chain to fall victim to POS malware. It's offered scant breach-related details, but lots of bromides about taking payment card security seriously and urging customers to keep paying by card.