A federal judge has sentenced 32-year-old Russian hacker Roman Seleznev, aka "Track2," to serve 27 years in prison after he was convicted of defrauding 3,700 U.S. financial institutions of at least $169 million via point-of-sale malware attacks.
President Donald Trump last week failed to meet a self-imposed, 90-day deadline to issue a report on "hacking defenses." But let's not nit-pick. After all, cybersecurity is complex - something the president is likely discovering along with healthcare and tax reform.
Free advice for breached businesses: Once you admit that you've suffered a data breach or that you're investigating a security incident, disseminate that message far and wide so no one can accuse you of trying to cover it up. That's the lesson from an incident at BlowOut Cards, a sports card trading site.
Warning: Drop everything and patch all the Windows things now. That's the alert being sounded by security researchers in the wake of attackers adopting Equation Group attack tools designed to exploit an SMB flaw and install DoublePulsar backdoor.
A look at a Russian-speaking hacker offering novice cybercriminals a cheap way to conduct ransomware attacks leads the latest edition of the ISMG Security Report. Also, hear U.S. Homeland Secretary John Kelly address the cybersecurity challenges the federal government confronts.
The latest chapter in the nonstop WikiLeaks saga: As U.S. government officials continue to ramp up their anti-WikiLeaks rhetoric, President Donald Trump has reportedly directed federal prosecutors to examine ways in which members of WikiLeaks could be prosecuted.
Many organizations talk about engaging customers to help prevent fraud. Jim Van Dyke, CEO of Futurion, has new ideas for how to best involve customers in fighting fraud in three stages: Prevention, detection and resolution.
Right now in Britain three things remain certain: Death, taxes and having to comply with the EU's General Data Protection Regulation. But legislators have promised U.K. organizations will have a say in how some GDPR provisions get enacted.
Intercontinental Hotels Group says that in addition to 12 hotels that it directly manages suffering a point-of-sale malware outbreak that began in 2016, 1,200 IHG-branded franchise hotel locations in the United States were also affected.
Ransomware is the largest underground cybercriminal business. And like any business, entrepreneurs continue to find new ways to innovate. A Russian hacker has cobbled together a low-end ransomware kit costing just $175, aimed at anyone who seeks a file-encrypting payday.
New York has become the first US state to issue its own set of cybersecurity rules for financial institutions. What is the potential impact on other states, other industry sectors? Paul Bowen of Arbor Networks shares insight.
Businesses that fail to block former employees' server access or spot any other unauthorized access are asking for trouble. While the vast majority of ex-employees will behave scrupulously, why leave such matters to chance?
New documents dumped online by the Shadow Brokers group have revealed apparent NSA programs designed to target SWIFT service bureaus in the Middle East as well as a slew of exploits designed to infect Windows systems, patched last month by Microsoft.
Card-not-present fraud rates in the U.S. have not skyrocketed like some experts predicted in the wake of EMV, according to Visa. And Visa's Margaret Reid says that's likely because most large e-commerce merchants in the U.S. are using sophisticated fraud prevention tools that have so far kept fraud rates at bay.