The Dutch government this week upheld a 2012 U.S. extradition request for Vladimir Drinkman, who's accused of masterminding the "Shadowcrew" team that hacked Nasdaq, 7-Eleven and others, stealing 160 million cards and causing $300 million in damages.
Nearly three years after his indictment, the alleged kingpin of an Estonian gang that infected 4 million PCs in more than 100 countries with malware, generating an estimated $14 million in fraudulent online ad revenue, has been extradited to the U.S.
A foreign currency flaw in Visa's EMV-based contactless payment card system in the U.K. could be abused to commit fraud using NFC-enabled Android devices, researchers say. But Visa discounts the possibility of real-world attacks succeeding.
Automated attacks have potentially compromised the majority of websites that run the Drupal content management system, giving attackers platforms for launching malware, DDoS attacks and spam, according to the Drupal security team.
The developer of CurrentC, a mobile wallet application, has confirmed a breach at its e-mail provider, which has resulted in the compromise of e-mail addresses for those participating in a pilot program or who requested information about it.
As part of their breach response strategies, organizations need to establish clear guidelines in advance so they know when it's appropriate to offer victims free credit monitoring or ID theft protection services.
Information security experts say espionage-focused attackers, apparently operating from Russia, have been using phishing e-mails and malware in multi-stage attacks designed to evade detection and steal political and military secrets.
The annual Amsterdam gathering of information security aficionados detailed the very latest hacking threats, including cybersecurity attacks via drone, sniffing data from fitness devices, and exploiting ATMs using Raspberry Pi computers.
Sophisticated threats require advanced threat protection. A threat-focused next-generation firewall must adhere to three strategic imperatives. Learn how these imperatives improve defense against advanced threats.
London police have arrested a suspect on charges that he participated in a series of ATM malware attacks that netted Â£1.6 million ($2.6 million) from 51 cash machines over a three-day holiday weekend in May.
Security vendor Proofpoint warns that a "malvertising" campaign has been launching ransomware attacks against users of numerous high-profile websites, including search site Yahoo, dating site Match.com, and an AOL real estate site.
Visa is working closely with U.S. banking institutions and retailers to enhance payments security and push the migration toward EMV, says the card brand's Eduardo Perez, a featured presenter at ISMG's Fraud Summit New York.