Danish shipping giant Maersk faces losses of $200 million to $300 million as a result of the NotPetya global malware outbreak. Others, including FedEx and household goods manufacturer Reckitt Benckiser, are also beginning to estimate NotPetya's financial impact on their business.
The 30-year-old protocol used by motor vehicle sensors to communicate may have to be rewritten following a proof-of-concept "error flooding" attack that can disable airbags, parking sensors and safety systems.
For just $80 per day, would-be cybercrime entrepreneurs can subscribe to Disdain, a new exploit kit that targets now-patched flaws in browsers and plug-ins, including Flash and WebEx. Disdain's debut shows that while exploit kits may have declined, they haven't died out.
The British security researcher credited with stopping the WannaCry ransomware outbreak pleaded not guilty Monday to charges that he developed and sold a type of malicious software that steals online banking credentials.
FireEye says Russia's Fancy Bear hackers are targeting hotel guests with a sneaky attack that leaves no traces and steals network credentials. It involves no malware and is virtually impossible to stop.
A Dallas physician has been sentenced to 35 years in federal prison and ordered to pay more than $268 million in restitution for his role in a huge Medicare and Medicaid fraud conspiracy involving billing for unnecessary home healthcare services.
Kaspersky Lab says it will withdraw antitrust complaints it filed against Microsoft over how Windows handles third-party security products, defusing a yearlong dispute. Microsoft says it will work closer with security companies to ensure compatibility with Windows.
Nationwide Mutual Insurance Co. will pay a $5.5 million settlement and update its security practices as a result of an agreement with attorneys general in 32 states and the District of Columbia in the wake of a 2012 data breach affecting more than 1.2 million individuals.
About half of today's cyberattacks are malware-free and don't involve having to write any files to disk, says Dan Larson of Crowdstrike. These attacks get around conventional defenses, such as firewalls and antivirus programs, so they require new defenses, he says.
Just in time for the seasonal upgrading of tax software, the IRS is warning of phishing emails purporting to be software updates, but which try to trick tax professionals into divulging login credentials.