Learning how alleged fraudsters hacked systems and traded in stolen credit- and debit-card numbers can help organizations take steps to protect their customers' and stakeholders' sensitive information.
The story on how the FBI built its case against Jarand Moen Romtveit in an international carding sting gives IT security practitioners valuable insights on how one individual works in the murky world of hacking.
In what is being called "the largest coordinated international law enforcement action in history directed at carding crimes," 24 suspects have been arrested in a fraud scheme likely involving more than 400,000 accounts.
Federal authorities have charged a Dutch hacker for the role he played in an elaborate scheme that targeted POS systems and networks to steal credit card details that were later sold on websites for fraudulent purposes.
Global Payments Inc., the breached payments processor, now says the scope of its self-discovered data breach may be broader than initially reported and involve personal data collected from merchant customers.
Israel is being blamed - or, perhaps, taking credit - for the creation of Flame, the sophisticated cyberspyware that has targeted organizations in the Middle East, especially its mortal enemy, the government of Iran.
New alerts from Visa and MasterCard suggest the breach at Global Payments dates to January 2011, an exposure window significantly longer than originally reported. What are the implications for card issuers?