A former U.S. State Department employee has pleaded guilty to running a "sextortion" scheme from the U.S. Embassy in London that was designed to compel young women to share sexually explicit photographs, according to the FBI.
Australian police have raided the Sydney home of cryptographer and entrepreneur Craig Wright, who's been named as being the suspected creator of the bitcoin cryptocurrency. Has the real "Satoshi Nakamoto" finally been unmasked?
Dorkbot - one of the world's most prevalent crimeware toolkits - has been disrupted by an international law enforcement and security research firm effort. But similar previous disruptions have failed to eradicate the malware.
Three Greek banks are the latest DDoS shakedown targets of online attackers, who demanded a payment of 20,000 bitcoins ($7.2 million) to cease their attempted banking site disruptions. Security experts say such attacks are on the rise.
Fraudsters are increasingly using global brands, including Apple, to fool consumers into providing personal and financial information that can be used to compromise financial accounts. Experts offer insights on the latest trends and how to respond.
The group of hackers who recently claimed to have hacked the CIA director's personal email account now says it has breached an FBI information-sharing portal. So far, the group has released contact information for about 2,400 law enforcement users.
Distributed-denial-of-service attacks on banks are more powerful than ever, but we hear less about them than we did three years ago. How have attackers changed their tactics, and why should we be even more concerned about their strikes?
Buoyed by massive illicit profits, cybercriminals have continued to refine their ransomware attacks, including updating their crypto techniques to foil decryption tools, encrypting file names and threatening to leak stolen secrets.
The FFIEC has issued an alert calling on financial institutions to take specific risk mitigation steps in light of an increase in the frequency and severity of cyberattacks involving extortion. Fraud experts applaud the move while offering additional recommendations.
While sophisticated cyberattacks and high-profile mega-breaches get most of the attention, European fraud experts say less sophisticated attacks are far more common and pose a greater fraud risk. At ISMG's Fraud Summit in London, they called for global collaboration to fight fraud.
A cybercrime ring that employed the Angler Exploit Kit to earn an estimated $34 million per year - from ransomware infections alone - has been disrupted by security researchers at Cisco's Talos security intelligence and research group.
Security experts warn about a trio of new threats: GreenDispenser cash-out malware, the Shifu banking Trojan being spread via malvertising attacks and Neutrino crimeware getting an upgrade to steal payment-card data.
What do successful but separate malware attacks against banking customers around the world, as well as the White House and health insurer Anthem, all have in common? Researchers say the answer is shockingly simple.
In a security landscape where the frenetic pace of technology has changed paradigms in ways organizations are struggling to cope with, Blue Coat's Hugh Thompson advises adopting a 'Degrees of Freedom' approach.