Aleksey Burkov, who operated a site called "Cardplanet" that trafficked in stolen payment card data used to make millions of dollars in fraudulent purchases, has been sentenced to nine years in federal prison. His case also involved high-level negotiations between the U.S., Russia and Israel.
Eight U.S. cities recently had payment card data stolen via point-of-sale skimming malware on their Click2Gov online payment platforms, according to Trend Micro, which says five of those cities had already been victims of similar Magecart-style attacks in recent years.
A recently uncovered cryptomining scheme used malicious Docker images to hide cryptocurrency mining code, according to an analysis from Palo Alto Networks' Unit 42.
A man from the state of Washington has been sentenced to 13 months in federal prison for his role in developing the Satori botnet, which was used to conduct several large-scale DDoS attacks. The Justice Department also unsealed indictments naming co-conspirators.
This edition of the ISMG Security Report analyzes whether IoT devices will outlive their security updates. Also featured: Why security spending needs to shift further upstream; could banks be custodians of identity?
Troy Leach of the PCI Security Standards Council discusses how the shift to card-not-present transactions during the COVID-19 pandemic has created new fraud-fighting challenges and offers an update on pending standards revisions.
This video highlights how visibility into the illicit communities where credentials are leaked can help organizations establish or refine password policies.
The U.S. Department of Justice unsealed a superseding indictment against WikiLeaks founder Julian Assange that expands the scope of the government's case against him. Federal prosecutors now allege that Assange conspired with the Anonymous and LulzSec groups to obtain classified information to publish.
A hacking group dubbed CryptoCore has stolen more than $200 million in virtual currency from several cryptocurrency exchanges over the past two years, the security firm ClearSky Cyber Security reports.
Police have confiscated $90 million from a company allegedly owned by Alexander Vinnik, who is accused of money laundering and defrauding individuals through BTC-e, a cryptocurrency exchange he controlled.
The Sodinokibi ransomware gang is targeting point-of-sale payment device software after infecting networks with its crypto-locking malware, according to Symantec.
The Evil Corp cybercrime group, originally known for the Dridex banking Trojan, is now using new ransomware called WastedLocker, demanding ransom payments of $500,000 to $1 million, according to security researchers at NCC Group's Fox-IT.
Enterprises need to move away from manual threat detection methods to leverage artificial intelligence, which can help boost defenses, says Dr. Jassim Haji, president of Artificial Intelligence Society, Bahrain Chapter.
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