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  • FBI: $18 Million in Ransomware Losses

    Ongoing CryptoWall Attacks Lead to Major Expenses FBI: $18 Million in Ransomware Losses

    U.S. businesses and consumers have reported experiencing more than $18 million in losses stemming from CryptoWall ransomware, the FBI warns. Security experts say ransomware's ease of use and low risk fuels the increasing numbers of attacks. Read more...

  • Easy Access Fuels ATM Attacks

    ATM 'Eavesdropping' Alert Highlights New Risks Easy Access Fuels ATM Attacks

    A growing number of ATM card reader eavesdropping attacks involve attackers getting in through a tried-and-true method - taking advantage of commonly used electronic access keys or codes. What can be done to stop these attacks? Read more...

  • Feds Extradite 'Most Wanted' ATM Hacker

    Also, Swedish Blackshades Malware Mastermind Sentenced Feds Extradite 'Most Wanted' ATM Hacker

    A Turkish man who allegedly masterminded a string of quick-hit ATM "cash out" attacks - netting at least $55 million - has reportedly been extradited from Germany to New York to face related charges. Read more...

  • FCC Allows Exemption for Fraud Alerts

    But Experts Say New Rule Needs More Clarification FCC Allows Exemption for Fraud Alerts

    The FCC's new rule aimed at giving consumers the opportunity to opt out of voice and text alerts does offer exceptions for fraud alerts. But experts say the FCC's exemptions need more clarification. Read more...

  • Call Center Fraud Targets Processors

    The Reasons Behind the Shift in Fraudsters' Strategies Call Center Fraud Targets Processors

    The massive number of retail point-of-sale breaches we've seen in the last two years has fueled an uptick in call center fraud that targets payments processors. Find out how the schemes work. Read more...

  • Article

    OPM Suspends Background Check System

    Union Slams Agency with Class-Action Data Breach Lawsuit By Mathew J. Schwartz
    OPM Suspends Background Check System

    Following its mega-breach, the U.S. Office of Personnel Management suspends use of its online background check application system, citing a vulnerability. Also, the agency now faces a breach-related lawsuit filed on behalf of federal workers.

  • Article

    Twins Plead Guilty to Hacking Schemes

    Charged with Attempted State Department Hack, Card Fraud By Mathew J. Schwartz
    Twins Plead Guilty to Hacking Schemes

    Twin brothers, who were once considered computer prodigies, pleaded guilty in federal court to a range of identity theft and hacking-related charges, including an attempted State Department hack.

  • Article

    Analysis: Why the OPM Breach Is So Bad

    Personal Secrets at Risk After Background Forms Exposed By Mathew J. Schwartz
    Analysis: Why the OPM Breach Is So Bad

    Just how bad is the U.S. Office of Personnel Management breach? Consider that spies may now have access to every secret - sexual, financial, familial, medical - shared by personnel seeking security clearances to access classified U.S. information.

  • Blog

    InfoSec Spending: Playing Catchup

    Can Shrewd Spending Help Government Defenses? By Eric Chabrow
    InfoSec Spending: Playing Catchup

    President Obama proposes spending more money on cybersecurity, replacing government agencies' antiquated, unsecured systems. But what really needs to be done to thwart breaches, like the hack attack against the Office of Personnel Management?

  • Article

    OPM Breach: China Is 'Leading Suspect'

    But Intel Chief Urges Policymakers to Improve Defenses By Mathew J. Schwartz
    OPM Breach: China Is 'Leading Suspect'

    China is the "leading suspect" behind the OPM breach, says Director of National Intelligence James Clapper, who adds that until the U.S. can meaningfully deter such attacks, it must focus on getting better at defense, not retribution.

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ARTICLE Banking Malware Taps Macros

Security firms report a sharp rise in the quantity of attacks that use macro code - designed to...

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ARTICLE Banking Malware Taps Macros

Security firms report a sharp rise in the quantity of attacks that use macro code - designed to...

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