Police in Europe have dismantled a cross-border gang devoted to perpetrating payment card fraud that they say used card skimmers, micro cameras and other devices to harvest payment card data from at least 3,000 victims.
Banks that collectively own SWIFT saw their profits vanish last year as the organization increased its investments in information security, even as the interbank messaging service handled record volumes of money-moving messages.
The annual Infosecurity Europe conference returns to London this week, offering discussions of the latest information security practices, procedures and technologies as well as deep-dives into privacy, cybercrime, policing, surveillance, GDPR and more.
Two researchers who launched a crowdsourced effort to subscribe to the Shadow Brokers' monthly leak of stolen Equation Group exploits - on behalf of the entire information security community - have dropped their effort, citing legal concerns.
Russian threat intelligence firm Group-IB alleges that North Korea is behind recent attacks against financial institutions in Europe employing fraudulent SWIFT messages. But other experts caution that such conclusions shouldn't be made solely based on technical data.
Chris Sibila of Elements Financial Credit Union says thwarting socially engineered schemes waged against call centers as well as debit fraud linked to card breaches spurred the financial institution to hire its first full-time fraud investigator, who's already helping to curb fraud losses.
Restaurant chain Chipotle Mexican Grill says customers' payment card data was stolen via point-of-sale malware installed at the vast majority of its more than 2,000 restaurant locations for more than three weeks.
Target has reached a record settlement agreement with 47 states' attorneys general over its 2013 data breach. The breach resulted in hackers compromising 41 million customers' payment card details and contact details for more than 60 million customers being exposed.
Criminals have long aimed to separate people from their possessions. So for anyone who follows ransomware, the WannaCry outbreak won't come as a shock. Nor will longstanding advice for surviving ransomware shakedowns: Prepare, or prepare to pay.
Travel industry software giant Sabre has alerted hotels that its software-as-a-service SynXis Central Reservations system - used by more than 36,000 properties - was breached and payment card data and customers' personal details may have been stolen.
An analysis on why small businesses are increasingly being targeted by hackers leads the latest edition of the ISMG Security Report. Also, potential medical device hacks pose risk to patients, and payment fraud evolves as the threat landscape intensifies.
Intercontinental Hotels Group says that in addition to 12 hotels that it directly manages suffering a point-of-sale malware outbreak that began in 2016, 1,200 IHG-branded franchise hotel locations in the United States were also affected.
Businesses that fail to block former employees' server access or spot any other unauthorized access are asking for trouble. While the vast majority of ex-employees will behave scrupulously, why leave such matters to chance?
A report from Editorial Director Tom Field on why organizations struggle with privileged access management leads the latest edition of the ISMG Security Report. Also, did the NSA target SWIFT bureaus?
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