Extradited Russian national Vladimir Drinkman, who's been charged with masterminding the largest-ever hack attack in U.S. history, this week pleaded not guilty in U.S. federal court to 11 charges relating to the theft of 160 million payment cards.
A team of hackers has been operating since at least 2001, wielding malware that even today is among the most advanced attack code to have ever been discovered, according to a new study. Security experts are debating whether the NSA could be involved.
As cybercrime grows, Section 66A of India's IT Act is under scrutiny of the court, government and security leaders. Some experts say it requires amendments to ensure correct interpretation and implementation.
In an exclusive interview, Sergey Golonvanov, a threat researcher at Kaspersky Lab, offers insights about the Russian cybercrime ring that over the weekend made headlines for defrauding banks of up to $1 billion.
A key component of President Obama's executive order to encourage industry to share cyberthreat data is the creation of information sharing and analysis organizations, or ISAOs. But now, the hard part begins: defining the job and getting it done.
The Anunak/Carbanak gang continues to rob financial services firms and retailers, in part with ATM malware. A new report says the cybercrime gang has stolen up to $1 billion from banks in Russia, the U.S. and beyond.
Mega-breaches, including the recent hacking attack on Anthem Inc. always result in an uptick of interest in cyber-insurance, but determining how much coverage to buy is an ongoing challenge, says data privacy attorney Marc Voses.
Europe's vaunted data protection regulations - now 20 years old - are in desperate need of an update. In 2012, EU officials proposed extensive changes to the privacy rules, but they remain stuck in limbo. Here's why.
The White House Summit on Cybersecurity and Consumer Protection late last week served as the stage for more than a dozen companies and trade groups to announce new initiatives aimed at securing Internet transactions and payments and reducing fraud.
In a Feb. 13 keynote speech at a cybersecurity summit, President Obama described the cyberworld as the "wild, wild West" and the American government as the sheriff. Then he signed an executive order aimed at boosting cyberthreat information sharing.
Experts agree that Section 66A of India's IT Act is not meant to violate anyone's right to free speech or lead to frivolous complaints based on annoyance. What's not clear is what kind of messages would be considered offensive, resulting in punishment.