The Trojan "Laziok" targets energy firms throughout the Middle East, India, the U.S. and the U.K., warn security researchers at Symantec. The malware attempts to exploit a Microsoft Office bug patched in 2012.
Nine individuals have pleaded guilty to charges stemming from their roles in an identity fraud scheme. Among the defendants is a former military hospital worker who stole soldiers' personal information to file false federal tax returns, prosecutors say.
The U.S. Department of Justice has charged two former federal agents with money laundering and wire fraud based on allegations that they attempted to profit from the investigation into the underground narcotics marketplace known as "Silk Road."
Experts debate the value of new PCI guidance for how businesses should use penetration testing to identify network vulnerabilities that could be exploited for malicious activity. Does the new advice go far enough?
Upticks in fraud perpetrated through mobile banking and mobile payments are a growing concern for regulators, says David Lott of the Federal Reserve Bank of Atlanta, who explains ongoing security initiatives.
While the Indian finance ministry has announced incentives for banks to curb cash transactions and encourage the use of payment cards, security experts caution CISOs about authentication and fraud risk.
Psychologically speaking, nothing beats the power of a well-timed deadline. And love it or hate it, Google's 90-day "Project Zero" deadline for fixing flaws - before they get publicly disclosed - has rewritten bug-patching rules.
A former systems administrator at a Romanian financial services institution has been extradited to the U.S. and charged with orchestrating an international hacking scheme that included attacks on medical offices, retailers and security firms.
Community banking institutions are at great risk of cyber-attack because they often don't think they're targeted, says Scott McGillivray of Pacific Continental Bank, who describes how to convey this risk to senior management.
U.S. prosecutors are asking a judge to rescind his decision to provide a free defense for a Russian citizen who faces 40 charges relating to the alleged theft and sale of at least 2 million credit card numbers.
Target Corp.'s pending settlement of a consumer class action lawsuit is more about public relations than compensating victims, some observers say. But will it have an impact on a pending suit filed by banks?