More bad news for ransomware victims: Anyone hit with crypto-locking DoppelPaymer malware now faces the prospect of having their personal data dumped on a darknet site unless they pay a ransom. The gang's move follows in the footsteps of Maze, Sodinokibi (aka REvil) and Nemty ransomware operators.
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.
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Aleksey Burkov, who was extradited from Israel to the U.S. in November, plead guilty this week to several federal charges related to his site "Cardplanet," which trafficked in stolen payment card data.
As business email compromise schemes continue to evolve, some cybercriminals are focusing on accessing companies' financial documents, which provide useful information to support the theft of money, according to a new report from security firm Agari.
For close to three years, a technology executive was hounded by a persistent attacker who stole his identity, opened credit cards in his name, and wired funds from his bank account. Though SpyCloud helped bring this particular criminal to justice, these tactics are common in targeted attacks.
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Faster payments are the new reality in more than 40 countries, and this innovation is benefiting consumers and businesses alike. Criminals are also enjoying the speed and non-refutable nature of these transfers, and in many deployments faster payments quickly translates to faster fraud.
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Five years ago, cybersecurity executive Dave Merkel called upon enterprises to shed their "peacetime" mindsets and adopt a "wartime" stance against persistent cybercriminals and nation-state actors. How have they risen to that challenge?
The FBI and local police are investigating how scammers posing as a contractor for a local bridge project tricked officials in a small Colorado town into electronically transferring over $1 million to a fraudulent account, according to the Denver Post.
E-commerce sites have been under siege from cybercriminals who seek to sneak malicious code into checkout processes. A researcher has now found two new methods that payment card number thieves are using to try to stay under the radar.
Human error looks to be the obvious culprit in an accidental data breach by Britain's Cabinet Office, which published the home addresses of celebrities such as Elton John and Olivia Newton-John when it released a list of individuals set to be recognized for their contributions to British society.