Over a three-month period in 2015, a single cybercrime gang managed to earn at least $330,000 in bitcoins thanks to an estimated 670 victims paying attackers to decrypt ransomware-infected systems. Should police be doing more to stop these attacks?
President Obama is creating a federal CISO post as part of a multifaceted initiative aimed at strengthening the nation's IT security. His plan includes forming a public-private Commission on Enhancing National Cybersecurity and boosting government cybersecurity spending by 35 percent.
The U.S. government is probing an apparent cybersecurity lapse that allowed a hacker to obtain and release contact information for more than 20,000 FBI employees and 9,000 other Department of Homeland Security employees.
Even as the demand for security professionals grows, the outflow of practitioners from the profession is greater than the influx of fresh blood, says (ISC)² CEO David Shearer. How can this trend be effectively addressed?
Here's more evidence of how a data breach can have a major financial impact. The bill for U.K. telecom giant TalkTalk's October 2015 data breach could be as much as $94 million, and the incident resulted in the loss of 95,000 customers.
The banking malware known as Carbanak continues to evolve, and cybercriminals are now using it to wage APT-style attacks against banks as well as companies in other sectors, according to security researchers at Kaspersky Lab.
Have Russian authorities collared the cybercrime gang responsible for the notorious Dyre malware? Related attacks ceased after authorities raided a Moscow-based production company developing a movie called "Botnet," Reuters reports.
Java users are being warned to only use newly released installers to avoid a nasty potential exploit. Meanwhile, a veteran bug hunter questions whether Oracle's move to ditch Java browser plug-ins will have a significant security upside.
The rise in RFID-based contactless payment cards has led to increased concerns that fraudsters could wirelessly crack cards' secret cryptographic keys. But a team of MIT researchers has debuted defenses against such hack attacks.
The arrests of seven men allegedly linked to a skimming operation that targeted ATMs at retailers, including hotels and gas stations, is yet another indicator that U.S. merchants need to beef up the security of these devices.
The trend across industries is that automation results in a drastic reduction of operational job roles, even as it brings in economies of efficiency. What then does automation in security mean for the profession?
"We never negotiate" might be the expectation whenever law enforcement or government agencies get targeted by criminals or even "cyberterrorists." But outside Hollywood, the reality too often turns out to be far less rigid.
It's the ultimate challenge for government agencies: How can they be both secure and compliant - especially when operating in a hybrid cloud environment? Trend Micro's Ed Cabrera offers insight into the unique challenges and emerging solutions.
Chris Rohlf, Yahoo's penetration testing and red team leader, describes how he helps the company take a proactive security approach - and the skills required to get the job done.
Who's responsible for the 12 percent uptick in financial fraud losses absorbed by U.S. banks? The American Bankers Association points to retail breaches. But one observer thinks "the ABA has its head in the sand." Read other reactions to the ABA's fraud report.
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