Billions of exposed user records are fueling daily mass-scale attacks, from the simplest automation-based to the most sophisticated fraud that emulates human behavior.
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The availability of sophisticated data stealing and emulation/spoofing tools means that the baseline level of skill for attacks on banks, merchants, and any other organization holding valuable data continues to rise.
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After winning court approval this week, the Federal Trade Commission shuttered over 200 websites that it says fraudulently claimed to offer government services, such as drivers' license renewals or verification of public benefits, for a fee.
In a recently discovered phishing campaign, hackers attempted to steal victims' passwords and credentials by posing as a former Wall Street Journal reporter and sending documents with potential interview questions, according to security firm Certfa.
Twitter says it has fixed an API problem that would have allowed someone to match phone numbers en masse to corresponding accounts, which could potentially unmask anonymous users. The flaw could have been found and exploited by state-sponsored actors, the social media firm warns.
A 21-year-old California man has pleaded guilty to repeatedly hacking gaming company Nintendo over three years to access servers and steal confidential data, including details on hardware, games and developer tools.
After a hiatus, TA505 - a sophisticated APT group that has targeted financial companies and retailers in several countries, including the U.S. - has returned with a campaign that uses HTML redirectors to deliver malicious Excel documents, according to Microsoft and other security researchers.
Scammers are blackmailing users of infidelity-focused dating site Ashley Madison using leaked data from 2015, warns security firm Vade Secure. The sextortion shakedown is a reminder that while data breaches may be a blip for corporate entities, for individual breach victims, the impact may last forever.
Cybercriminals are using fake email messages about the coronavirus to spead the Emotet Trojan and other malware, according to reports released this week by IBM and Kaspersky.
Police in the United Kingdom have arrested six suspects as part of a money laundering investigation tied to the February 2019 theft of $14 million from one of Malta's largest banks. Officials say malware-wielding attackers moved money to accounts in the U.S., U.K., Czech Republic and Hong Kong.
A federal judge has ruled that an insurer providing a "business owner's insurance policy" to a company that sustained a ransomware attack and was forced to replace most of its IT infrastructure must pay for the damages the security incident caused.
The latest edition of the ISMG Security Report discusses the ramifications of the U.K's decision to allow limited use of Huawei's equipment in 5G networks. Plus: Updates on Wawa's stolen card data offered for sale and nascent security threats from social networks and drones.
A former moderator for the now-defunct AlphaBay darknet marketplace site pleaded guilty this week to a federal racketeering charge and could face up to 20 years in prison.
The United Nations did not reveal hacks last year that compromised dozens of servers and domains and may have exposed sensitive data, including information related to human rights abuses, according to The New Humanitarian news agency.
A long-running marketplace for selling stolen payment card data claims it has 30 million stolen payment cards that experts believe are linked to the breach at Wawa convenience stores late last year. The breach is one of the largest ever involving card-related data.
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