A $46.7 million fraud scheme that hit Ubiquiti Networks Inc. shows the new & improved face of wire fraud - and just how easy it is for cybercriminals to fool employees into helping to pilfer their own enterprises.
Carphone Warehouse, a U.K.-based mobile phone retailer, is investigating a cyber-attack that may have breached personal information associated with up to 2.4 million customers, and card data linked to 90,000 accounts.
The prices for stolen payment card data and other cybercrime products and services on Russian underground forums continue to fall. But the cybercrime ecosystem is more automated, effective and robust than ever, Trend Micro reports.
Customer authentication is a very difficult challenge for financial institutions in faceless delivery channels due to the ready availability of consumer information from social media sites and data breaches. Fortunately, technology is up to the challenge, and voice solutions have emerged that can provide a wide range...
An unconfirmed post-breach report for bitcoin exchange Bitstamp shows the organization was targeted by a sustained attack that combined phishing via email and Skype with macro malware to successfully steal almost 19,000 bitcoins, worth $5 million.
Cisco announced plans to pay $635 million to purchase cloud security firm OpenDNS to better secure the "Internet of Everything." OpenDNS says the acquisition will leave its products and personnel intact.
Wipro has developed a fraud detection model for improved risk management using big data analytics. Can CISOs leverage it to reduce risk, enhance process efficiency and refine fraud detection algorithms?
Symantec has issued new warnings about a malware strain known as Poweliks, noting that this Trojan is being used in conjunction with ransomware. But security experts disagree over the severity of the threat.
An international police effort dubbed "Operation Triangle" has resulted in the arrest of 49 suspected members of a cybercrime group accused of launching phishing attacks to steal at least $6.7 million.
Phishing campaigns are becoming harder to mitigate because of an uptick in spoofed websites tied to top-level domains, such as .bank, says Dave Jevans of the Anti-Phishing Working Group.
How does an advanced threat adversary operate for 10 years, undetected? FireEye APAC CTO Bryce Boland shares details of the decade-long APT30 campaign that targeted organizations in India and Southeast Asia.
Partners HealthCare System is the latest healthcare organizations to suffer a data breach following a phishing attack. But why did Partners wait five months to issue a breach notification, when HIPAA requires notifications within 60 days?
Partners HealthCare System announced that it is the latest healthcare organization hit by a data breach attributed to a phishing attack. The records of an estimated 3,300 individuals may have been compromised in the incident.
A breach of the White House IT system last October, believed to be by Russian hackers, exposed sensitive details about White House operations, such as the president's schedule, CNN reports.
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