The banking malware known as Carbanak continues to evolve, and cybercriminals are now using it to wage APT-style attacks against banks as well as companies in other sectors, according to security researchers at Kaspersky Lab.
Who is responsible for fraud losses resulting from business email compromise? Texas-based AFGlobal Corp. is suing its insurance firm to settle this question. Experts weigh in on the lawsuit and why cyber insurance rarely covers losses from these scams.
The rise in RFID-based contactless payment cards has led to increased concerns that fraudsters could wirelessly crack cards' secret cryptographic keys. But a team of MIT researchers has debuted defenses against such hack attacks.
While the healthcare sector is finally becoming aware of the cyberthreats and risks facing medical devices, new Internet of Things health devices are quickly creating new vectors for cyberattacks, warns cybersecurity expert Tyler Cohen Wood.
"We never negotiate" might be the expectation whenever law enforcement or government agencies get targeted by criminals or even "cyberterrorists." But outside Hollywood, the reality too often turns out to be far less rigid.
Sometimes language barriers can be a good thing: Many malware-wielding cybercriminals have historically targeted users in North America and Europe over Japan, owing to linguistic challenges. But that's changing.
A new methodology for assessing whether a medical device cybersecurity issue is likely to pose a danger to patients should be available later this year, says cybersecurity researcher Billy Rios in this in-depth interview.
Congressman Will Hurd has a simple request for U.S. government agencies: Have you been using vulnerable Juniper Networks devices? But Congress needs to consider tougher questions about its culpability in this backdoor debacle.
Global restaurant chain Wendy's is investigating a suspected data breach following fraud patterns tied to credit and debit cards used at some of its locations. Two card issuers confirm that they've seen signs of related fraud in some U.S. regions.
Cybercriminals are in mourning after the shocking announcement from Oracle that it will deep-six its beloved Java Web browser plug-in technology, owing to browser makers failing to support "standards based" plug-ins.
New security technologies don't keep fraudsters from stealing money; they just cause them to shift to new methods, says Jodi Selby of Bankers Trust. In this video interview, she offers a case study on how to best respond to evolving fraud schemes.
Israel has reportedly foiled a "severe cyberattack" launched against the Israeli Electricity Authority. The malware attack doesn't appear to have resulted in any disruption to the country's power grid, but many government systems remain offline.
Sophisticated phishing campaigns, increasingly targeted because of social media, are fueling business email compromises - a growing wire fraud scheme that is attacking businesses worldwide, says Jim Hansen of PhishMe.
Security experts are warning that Chinese networking product manufacturer TP-Link has been shipping routers with a WiFi password that's based on their MAC address, thus making their passwords easy for would-be attackers to sniff.