Three Chinese nationals seeking to make "big bucks" broke into the computers of Boeing and other military contractors, stealing secrets on transport aircraft, a U.S. criminal complaint says. Read how they allegedly did it.
British police have worked with an international consortium of law enforcement agencies and information security firms to disrupt financial malware known as Shylock used to infect more than 60,000 PCs and steal millions of dollars.
The Department of Homeland Security confirms that "a potential intrusion" of the Office of Personnel Management's network occurred in March but says officials have not identified any loss of personally identifiable information.
Check fraud remains the No. 3 source of losses for financial institutions, Information Security Media Group's soon-to-be-released Faces of Fraud survey shows. But fraud expert Wesley Wilhelm says behavioral analytics can help mitigate the risks.
With the Senate Intelligence Committee overwhelmingly approving the Cybersecurity Information Security Management Act, common wisdom dictates the bill will head directly to the Senate floor. Not so fast.
Criminals have begun targeting ATMs in Western Europe using malware, as well as a new generation of stealthier skimmers designed to capture card data and PIN codes. But the stolen data is often used for fraud elsewhere, especially the U.S.
The idea of a cyber war council, reportedly proposed by a financial services industry trade group, has not received an enthusiastic reception from cybersecurity experts, some of whom question its viability to defend against cyberattacks.