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.
The cybersecurity outlook for 2020 and the new decade will be characterized by more advanced, targeted and coordinated attack vectors designed to exploit the cybersecurity skills shortage, along with congenitally poor security fundamentals and hygiene.
This year's Black Hat Europe conference in London features dozens of briefings touching on a wide variety of topics, including exploiting contactless payment and Bluetooth vulnerabilities, identifying vulnerable OEM IoT devices at scale and running false-flag cyberattacks.
Mobile technology allows customers complete control over their banking security via their smartphones, however recent fraud cases have seen criminals virtually hijacking mobile phones to intercept alerts and texts.
Russian attack group Turla has been named and shamed for hijacking Iranian nation-state attackers' infrastructure. The aim of GCHQ and NSA's attribution is, in part, to make Turla's future cyber espionage efforts more costly and time-consuming.
The U.S. National Security Agency is the latest intelligence agency to warn that unpatched flaws in three vendors' VPN servers are being actively exploited by nation-state attackers. Security experts say such alerts, which are rare, are a clear sign that serious damage is being caused.
A global law enforcement operation has resulted in the arrest of 281 suspects allegedly involved in business email compromise scams. The announcement comes on the same day as the FBI's Internet Crime Complaint Center says that losses from BEC scams have hit $26 billion and are continuing to rise.
Given the massive impact of the Equifax data breach, is the recently announced proposed settlement fair? One consumer advocate calls the money to be paid out by the consumer reporting agency the equivalent of a "parking ticket." Here's an analysis of the settlement's terms.
A powerful parliamentary committee has called on Britain's new prime minister - be it Boris Johnson or Jeremy Hunt - to make a decision "as a matter of priority" about the extent to which telecommunications gear built by Huawei should be used in the nation's 5G network.
Buyer beware: A new study shows used USBs offered for sale on eBay and elsewhere may contain a wealth of personal information that could potentially be used for identity theft, phishing attacks and other cybercrimes.
What matters most, right now, to the information security community? At RSA 2018, RSA's president said WannaCry was a wakeup call for vulnerability and risk management. Other experts see artificial intelligence, machine learning and secure coding as hot trends.
Panera Bread appears to have failed to fix a customer data leak for more than eight months after getting a heads-up from an independent security researcher. Here's what others should learn from the bakery café chain's mistakes.