In the wake of Equifax and other major breaches, sophisticated fraudsters are finding success as never before. Al Pascual of Javelin Strategy and Research discusses how identity impersonation is manifesting.
Fifteen of the world's biggest "stresser/booter" services, designed to enable users to launch DDoS attacks against sites on demand, have been shut down, and three men who allegedly ran such services have been charged.
The latest edition of the ISMG Security Report features an analysis of the validity of reports that China is behind the massive Marriott data breach. Also: Fascinating details in a Congressional report on the Equifax breach, and a clear explanation of "self-sovereign identity."
The U.S. Department of Justice says eight individuals have been indicted - and three of them arrested abroad - as part of a multiyear FBI investigation into gangs that allegedly perpetrated digital advertising fraud via the Methbot and 3ve schemes.
A new, free decryptor has been released for "aggressive" crypto-locking ransomware called GandCrab. Researchers say GandCrab has come to dominate the ransomware-as-a-service market, earning its development team an estimated $120,000 per month.
Over the past year, there's been a surge in so-called Magecart attacks, which involve payment card data being stolen from e-commerce sites via injected attack code. Researchers say they are tracing at least six active Magecart groups, each with unique infrastructure, skimmers and targeting.
Hackers behind the FASTCash ATM cash-out attack campaign - tied by the U.S. government to North Korea - use Trojan code designed to exploit bank networks running outdated versions of IBM's AIX Unix operating system, Symantec warns.
A slick ransomware-as-a-service operation called Kraken Cryptor has begun leveraging the Fallout exploit kit to help it score fresh victims, researchers from McAfee and Recorded Future warn. Absent offline backups, victims have little chance of recovering from its crypto-locking attacks.
British Airways has discovered that hackers compromised payment card data and personal details for 185,000 more customers than it had originally suspected and that its systems were first breached not in August, but April. The airline now counts 429,000 data breach victims.
A batch of U.S. voter registration records from 20 states has appeared for sale online in what appears to be an illegitimate offering. While it's far from the largest-ever seen leak of voter data, the incident again highlights the lax controls too often applied to voter records.
The notorious GandCrab ransomware-as-a-service gang has released the latest version of its crypto-locking malware, backed by crypter service and exploit toolkit partnerships. But the gang's marketing savvy belies shoddy code-development practices, security firm McAfee finds.
Barriers to getting into the business email compromise - aka CEO fraud - game continue to fall, with security vendor Digital Shadows finding that compromised email accounts for a company's finance department can typically be purchased via the black market for just $150 to $500.
Scan4You, a notorious cornerstone of the cybercrime-as-a-service economy that allowed malware developers to more easily create code to bypass anti-virus defenses, has been dismantled, and its Latvian technical administrator has been slammed with a 14-year U.S. prison sentence.
One mystery with the recently discovered payment card sniffing attacks against such organizations as British Airways and Newegg has been how attackers might have first gained access to the victims' networks. But a number of cybercrime markets sell such access, in some cases for as little as 50 cents.
Criminals operating online continue to target cryptocurrencies, leverage phishing and other social engineering attacks, as well as tweak age-old scams - including Nigerian prince emails - for the modern age. So warns Europol in its latest Internet Organized Crime Threat Assessment.