Australian police in Queensland are pursuing a criminal investigation into what may be one of the first instances of a company swiping cryptocurrency using a software backdoor after a business deal went bad.
When it comes to fraud, enterprise data has a story to tell, and it's up to security and fraud leaders to know how to interpret that story. Jim Apger of Splunk discusses reading and reacting to these stories.
Experts have long warned that bitcoin is not as private as it appears. The very design of bitcoin, as well as some other virtual currencies, can lend a surprising amount of information about the groups using it to transact. In fact, it's sometimes easier to track than if criminals used the banking system.
The annual Infosecurity Europe conference returns to London this week, with a focus on the latest cybersecurity trends and essential practices for organizations. Hot topics range from artificial intelligence and breach response to GDPR and battling cybercriminals and nation-states.
Hackers have reportedly demanded a ransom from Bank of Montreal and Simplii Financial in exchange for not dumping 90,000 customers' account details on a fraud forum. The FBI says online extortion and ransomware remain the top two types of cybercrime it's seeing today.
Russian software firm Kaspersky Lab has been dealt a setback in its effort to overcome the U.S. government's ban on use of the firm's anti-virus software on federal systems. A judge has dismissed the firm's two lawsuits seeking to have the ban lifted.
A group of cybercriminals known for their persistence and precision in executing attacks against banks' ATMs and card processing infrastructures has regrouped despite the arrest of their alleged leader.
Security leaders have been addressing the global skills gap for better than a decade now, with little to show for it. But Joe Cosmano of iboss recommends a new approach, leveraging software-as-a-service to make up for the staffing shortfall.
To judge by the flood of GDPR-themed email hitting inboxes, Europe's privacy law has been designed to ensure that you say "yes" to companies that monetize the buying and selling of your personal details, regardless of whether you remember ever having done business with them before.
A swift FBI sinkhole blunted an apparently imminent attack against Ukraine via "VPN Filter" malware, which has infected more than 500,000 routers. But mass router compromises will continue so long as manufacturers fail to build in easy or automated patching and updating, security experts warn.
At least 500,000 routers, mostly located in Ukraine, have been infected with "VPN Filter" malware that experts believe is a prelude to a massive cyberattack. But the FBI has sinkholed the control domain for the router botnet, which should help contain the potential damage.
The American Civil Liberties Union has launched a broadside against Amazon, warning that Amazon Rekognition - mixing big data, machine learning and facial recognition - could be abused by authoritarian regimes. Amazon has countered by saying that all users must "comply with the law."
European Parliamentarians finally had their opportunity on Tuesday to ask Facebook CEO Mark Zuckerberg questions about its data handling and privacy practices. But the session, which lasted roughly 90 minutes, turned into a somewhat frustrating flop.