A pair of Massachusetts men allegedly ran a years-long scheme that used SIM swapping and other hacking techniques to target executives in order to steal more than $550,000 worth of cryptocurrency, the U.S. Justice Department announced Thursday.
Pemex, Mexico's state-run oil company, is refusing to pay attackers a $5 million ransom after a ransomware attack against the firm's administrative offices, according to news reports. The company is still attempting to recover.
There are robust and detailed discussions in cybercriminal forums on how to attack modern vehicles, seeking clandestine methods to steal cars, says Etay Maor of IntSights. Luckily, hackers aren't aiming to remotely trigger an accident, but there are broader concerns as vehicles become increasingly computerized.
The U.S. Justice Department Tuesday unsealed an indictment charging Russian national Aleksey Burkov with running an underground site called "Cardplanet" that acted as a clearinghouse for stolen payment card data. Burkov arrived in the U.S. Tuesday after being extradited by Israel.
When large-scale data breaches started to proliferate more than a decade ago, security leaders called for end-to-end data encryption. But that approach no longer suffices, says First Data's Tim Horton, who calls for a new multilayered defense.
The EMV 3D Secure specification faces some milestone dates in Europe and the U.S. What are these milestones, and how does the standard fit into fundamental fraud defenses? Jackie Hersch of Fiserv shares insight.
The U.K. Labour Party says its systems were hit by a large-scale online attack that disrupted access to some campaigning systems, but led to no breach. The attack report comes amidst the Conservative government's refusal to release a report into alleged Russian interference in the Brexit referendum.
The White House has developed protocols for notifying the public of nation-state hacking or other interference during the 2020 presidential election cycle. But the full framework has not yet been released.
Bala Kumar of iovation, a TransUnion company, sees a marked spike in identity fraud in general, and at account origination in particular. How does this increase manifest across industry sectors, and how should organizations re-think their defenses?
In June, I wrote an in-depth story about how millions of Instagram users worldwide under 18 years old were exposing their email addresses, phone numbers or both. Instagram has finally made a change to address the issue - but it doesn't go far enough.