The FBI has arrested a Russian national for allegedly helping an international cybercriminal gang launder its money by turning cash into bitcoin and other cryptocurrencies, according to court documents.
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With the U.S. and other nations adopting economic stimulus packages as a result of the global COVID-19 pandemic, fraudsters are now using the promise of government checks as phishing lures to spread banking Trojans, according to a pair of new security research reports.
APIs are ubiquitous in the enterprise today, being exposed to customers, partners and applications. But because they are relied on so heavily, they also are targeted by cybercriminals. Shreyans Mehta, co-founder and CTO of Cequence Security, discusses the API security challenge.
The FBI warns that the notorious FIN7 cybercrime gang has a new trick up its sleeve: Mailing victims a $50 gift card portrayed as good for redeeming items listed on an accompanying USB storage device, which in reality downloads Griffon backdoor software to give attackers remote access.
Emotions about the global pandemic are running high, and attackers are taking advantage. Researchers have observed criminals spreading malware by impersonating official sources, distributing malicious COVID-19 maps and trackers, and malvertising on coronavirus-related news stories.
As security professionals, we...
Data breaches expose a wealth of personal information that can enable cybercriminals to bypass security measures, take over accounts, and compromise enterprise networks. To provide a snapshot of the breach exposure affecting major enterprises, we examined SpyCloud's database and found:
412 million breach assets tied...
Cybercriminals are waging brute-force attacks that enable them to change DNS settings on home and small business routers to redirect victims to fake COVID-19-themed websites that push infostealer malware, according to the security firm Bitdefender.
Russian authorities typically turn a blind eye to cybercrime committed by citizens, provided they target foreigners. But as the recent "BuyBest" arrests of 25 individuals demonstrate, authorities do not tolerate criminals that target Russians, and especially not anyone who targets Russian banks.
Despite the global COVID-19 pandemic, which started in China, Chinese cyber espionage campaigns are continuing, with a new campaign from one APT group targeting at least 75 enterprises in 20 countries, according to the security firm FireEye.
As more consumers shift to online shopping during the COVID-19 pandemic, retailers must ramp up their efforts to guard against ecommerce payment fraud, says Toby McFarlane, a cybersecurity expert at CMSPI, a payments consultancy.