Hackers apparently stole $31 million from accounts that banks keep at Russia's central bank in a series of cyberattacks this year, according to several news reports. The news comes as the country's security service also claims to have fought off broader attacks against the financial services industry.
Visa and MasterCard have pushed back their EMV fraud liability shift date for U.S. pay-at-the-pump gas terminals from October 2017 to October 2020. They made the right decision, given the relatively low rates of card fraud at gas pumps.
Cyber espionage and other increasingly sophisticated nation-state cyberattacks will escalate into what amounts to "cyberwar" in 2017, predicts security expert Michael Bruemmer of Experian Data Breach Resolution.
Cyberattacks waged by organized crime groups are simultaneously targeting a wider array of industries worldwide, which is why cross-industry threat information sharing is more critical than ever, says Brian Engle, executive director of the Retail Cyber Intelligence Sharing Center.
The Internet Archive, a pioneering 20-petabyte digital repository, is raising funds to replicate its data in Canada. The group's founder fears that the election of Donald Trump as the next U.S. president portends an uncertain privacy rights future.
Score one for preparation: In the wake of a ransomware attack that infected 900 workstations, the San Francisco Municipal Transportation Agency says it's restoring affected systems, vowing to not give the attackers a single bitcoin of their ransom demand.
The U.S. Navy is set to begin notifying more than 130,000 current and former sailors that their personal information was "accessed by unknown individuals" after a Hewlett Packard Enterprise Services employee lost a laptop.
Cybercriminals broke into the payment card processing system used by the Madison Square Garden Co., owner of Radio City Music Hall and other iconic entertainment venues, harvesting payment card details for nearly a year.
Soltra Edge, the automated threat intelligence sharing platform that had been slated to be phased out, has been rescued by NC4, a cyber threat intelligence firm that has purchased the platform, Bill Nelson of FS-ISAC explains in this exclusive audio interview.
After complaints from merchants and an update from the Fed, Visa has modified debit routing rules, noting that merchants can route U.S. EMV debit transactions through any of more than a dozen available networks, and not just Visa's. The move could have implications for chip-and-PIN use.
Three Mobile, one of the largest U.K. mobile providers, saw more than 132,000 accounts breached in a scam in which fraudsters ordered new devices for customers and then tried to intercept the deliveries.
Adobe will pay a small financial penalty to 15 states to resolve consumer protection and privacy claims following a data breach that affected 38 million active user accounts. The company's legal fees associated with the incident are likely far higher than the settlement amount, experts say.