Aleksandr Brovko, a Russian national, has been sentenced to eight years in federal prison for stealing personally identifiable data and online banking credentials using a botnet, according to the U.S. Justice Department. Federal prosecutors estimate the losses at $100 million.
In a notification letter filed to the Montana Department of Justice, precious metal trader JM Bullion has revealed that an unknown amount of customer information has been compromised in a data breach. The security incident took place over a five-month period earlier this year.
Large, recently levied privacy fines against the likes of British Airways, H&M and Marriott show regulators continuing to bring the EU's General Data Protection Regulation to bear after businesses get breached. But in the case of Marriott and BA, were the final fines steep enough?
The Maze cybercrime gang, which revolutionized the ransomware business by adding an extortion element to each attack, has issued a statement saying it has hung up its spikes and will retire, at least temporarily. Security executives do confirm Maze's activity has dropped off in recent months.
Researchers with Cybereason have uncovered a fresh set of malicious tools tied to a North Korean-linked hacking group called Kimsuky, according to a recent analysis. This same advanced persistent threat group is also the subject of a new joint alert by CISA and the FBI.
After a federal judge blocked an order that would have banned ByteDance-owned TikTok from operating within the U.S., the Commerce Department vowed to continue to defend the Trump administration's executive order. Additional court hearings over the order are scheduled for later this year.
Hotel giant Marriott has been hit with the second largest privacy fine in British history, after it failed to contain a massive, long-running data breach. But the final fine of $23.8 million was just 20% of the penalty initially proposed by the U.K.'s privacy watchdog, owing in part to COVID-19's ongoing impact.
A new report describes the attack methods of an Eastern European gang known as UNC1878 or Wizard Spider that's been waging ransomware attacks against U.S. hospitals in recent days.
Validating identity across every digital channel is essential to track money movement information and help control P2P payment fraud, two fraud-fighting experts say.
The latest edition of the ISMG Security Report features a discussion with FBI Agent Elvis Chan on the cyber disruptions to expect immediately after the Nov. 3 U.S. election. Also featured: smart lock security flaws; cryptocurrency-funded crimes in 2021.
The Republican Party of Wisconsin says fraudsters used phishing emails and doctored invoices to steal $2.3 million earmarked for President Donald Trump's reelection campaign. The FBI is investigating.
Turla, a hacking group based in Russia, is deploying a revamped set of customized tools to target potential victims, including a European government agency, for its espionage campaigns, according to Accenture.
To this point, the focus of ransomware defenses has been on detection. But Michael Leworthy of Veeam says it's time to shift to protection - and even recovery. And backups, he says, are now the critical battlefield in this war.
The operators behind the Ryuk strain of malware are increasingly relying on a malware-as-a-service tool - the Buer loader - to deliver the malware, rather than botnets such as Trickbot and Emotet, the security firm Sophos reports.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.co.uk, you agree to our use of cookies.