Albany, New York, is the latest unit of local government hit with ransomware in recent weeks, following similar attacks reported in Georgia and North Carolina that crippled government IT systems and disrupted service for local residents.
Security researcher Zammis Clark, who pleaded guilty to hacking Microsoft - with an accomplice - and later Nintendo, as well as stealing data and uploading malware to Microsoft's network, has received a suspended sentence.
What are the prevailing fraud trends, and how are they impacting consumers, clients and enterprises? Dora Gomez, director of the New York City chapter of the Association of Certified Fraud Examiners, shares highlights of the ACFE's new Report to the Nations.
Arrests made last week by European, U.S. and other law enforcement agencies appear to have led to the closure of the "Dream Market" dark web site, which, in turn, disrupted certain ransomware attacks, according to an analysis by incident response firm Coveware.
As financial fraud has evolved, so have the defensive tactics of major banking institutions. Citi's Jeffrey Dant, a former Secret Service agent, discusses Citi's Fraud Fusion Center - it's mission, challenges and early successes.
Malicious bot attacks now account for nearly one-third of all internet traffic, says Franklyn Jones of Cequence, who describes why conventional tools for fighting against these attacks are ineffective.
When a company plans to make an acquisition, it should conduct a "compromise assessment" to assess whether the organization being purchased has had an undiscovered breach, says Steve Ledzian, CTO for Asia Pacific at FireEye.
Microsoft is using its legal muscle to push back against an advanced persistent threat group that is says is "widely associated with Iranian hackers." Following court approval, it is taking control of 99 website domains allegedly used by the attackers as part of an ongoing spear-phishing campaign.
Distinguishing nation-state attacks from organized crime continues to grow more difficult because some attackers wear both hats, a Europol official reports. Further complicating the picture: Young attackers enjoy access to ever-more sophisticated and inexpensive tools and services.
If you run a Magento-powered e-commerce site, it's time to patch again. E-commerce sites continued to be targeted by cybercriminals seeking to steal payment card data, and experts recommend moving quickly to plug the most critical flaw, a SQL injection vulnerability.