Russian national Anton Bogdanov has been charged with stealing more than $1.5 million from the Internal Revenue Service via a tax return fraud scheme. He was arrested last November while on vacation in Thailand, at U.S. request, and subsequently extradited.
The good news is: The development of new malware exploits has slowed considerably. The bad news is: That's because the old ones still continue to work so effectively. Adam Kujawa of Malwarebytes Labs talks about the evolution of ransomware and other successful exploits.
TA505, a sophisticated advanced persistent threat group, is now using legitimately signed certificates to disguise malware that can penetrate banking networks, security researchers warn in a new report.
The director of Britain's GCHQ intelligence agency said at this week's CyberUK conference that declassifying and putting "time-critical, secret information" for stopping online threats into the public's hands "in a matter of seconds" is an imperative.
Known for targeting banks and ATMs in Russia and other Eastern European countries, the "Silence" gang apparently is now expanding into other regions, using a combination of custom malicious tools and "living-off-the-land" techniques, researchers report.
Fraud, e-hustles and social engineering attacks continues to proliferate, the FBI's latest report into the state of internet crime confirms. But over the past year, a new FBI tactic for quickly stopping fraudulent wire transfers has notched notable successes.
A set of malicious tools, along with a list of potential targets and victims, belonging to an APT group dubbed OilRig has leaked online, exposing some of the organization's methods and goals, analysts say.
A warning that a smartwatch marketed to parents for tracking and communicating with their children could be coopted by hackers leads the latest edition of the ISMG Security Report. It also reviews how a DNS hijacking campaign is hitting organizations and how "dark patterns" trick users.
An unemployed British man has been sentenced to more than five years in prison for his role in operating the Silk Road 2.0 darknet site, which succeeded the original Silk Road website after the FBI closed it in 2013, U.K. authorities say.
U.S. CERT has issued a fresh warning about a newly discovered Trojan called Hoplight that is connected to a notorious APT group with links to North Korea. The malware has the ability to disguise the network traffic it sends back to its originators, making it more difficult to track its movements.
Two Romanian nationals have been convicted by a federal jury for their roles in stealing more than $4 million from victims by creating a botnet of more than 400,000 PCs through custom-designed malware called Bayrob.
The latest edition of the ISMG Security Report features an update on a congressional report that slams Equifax for lacking a strong cybersecurity culture. Also featured: A new study on the status of women in the cybersecurity industry and the use of Android phones as security keys.