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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

    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.

  • Article

    China, U.S. Plan Cyber Code of Conduct

    Obama Presses Chinese Government to Lower Cyber Tensions By Mathew J. Schwartz
    China, U.S. Plan Cyber Code of Conduct

    China and the U.S. have agreed to create a new cyber "code of conduct." The move comes in the wake of the U.S. Office of Personnel Management breach, with President Obama urging Chinese officials to help lower cyber-related tensions.

  • Article

    Europol Targets Ukrainian Botnet Gang

    Alleged Zeus, SpyEye Banking Trojan Cybercriminals Arrested By Mathew J. Schwartz
    Europol Targets Ukrainian Botnet Gang

    European authorities say they have disrupted a Ukraine-based cybercrime gang tied to $2.2 million in fraud in Europe, the United States and beyond, perpetrated via banking Trojans, botnets and hacking-for-hire services.

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ARTICLE Romanian Charged in Multiple U.S. Hacks

A former systems administrator at a Romanian financial services institution has been extradited to...

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ARTICLE Romanian Charged in Multiple U.S. Hacks

A former systems administrator at a Romanian financial services institution has been extradited to...

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