Responding to U.S. government criticism of China over its persistent online economic espionage campaigns, Chinese President Xi Jinping says that the Chinese government does not hack other nations, or support Chinese companies that do so, and calls for those responsible for cyberattacks to be prosecuted.
For years, information security experts have been warning users to create complex, unique passwords, and organizations to secure them properly. But an analysis of 12 million cracked Ashley Madison passwords shows how much we're still failing.
Apple is moving to contain an outbreak of malicious apps being distributed via its official App Store that were infected with XcodeGhost malware. Hundreds of apps and millions of users were reportedly infected.
A second Russian has pleaded guilty in connection with the largest U.S. hacking scheme, which compromised more than 160 million payment card numbers. But three other alleged conspirators have yet to be arrested.
President Obama characterizes hacks of American businesses by Chinese hackers as an "act of aggression" against the United States and promises his administration will take action against the Chinese if they don't stop.
A Russian hacker who was extradited to the United States earlier this year has admitted his role in the largest hack attack in U.S. history, which resulted in the theft of 160 million payment card numbers. Find out how much time he could spend in prison under his plea agreement.
Drawn by the potential for low risk and high reward, criminals worldwide are increasingly pursuing online crime instead of conventional forms of property crime, such as burglary and robbery, warns cybersecurity expert Alan Woodward.
FBI Special Agent Charles Gunther says collaboration with FinCEN, international law enforcement and U.S. banks has helped the FBI recover millions of funds stolen from customers via emerging wire fraud schemes.
The U.S. payments infrastructure will come up far short of completing the rollout of EMV technology by the Oct. 1 fraud liability shift date. Experts say high costs, a perceived lack of consumer demand and doubts about EMV's ability to significantly reduce card fraud are to blame.
If the Chinese government hacked the U.S. Office of Personnel Management for espionage purposes, then the U.S. government's $133 million contract to provide ID theft monitoring services is a waste of money. Instead, the agency could have used the funds to safeguard its systems against future attacks.
Security experts trace many of the world's cybercrime attacks to Russia. But Russian authorities never extradite suspects, and they allow hackers to operate with impunity - if they play by some ground rules.
A password-cracking group claims that, because of coding errors made by Ashley Madison's developers, it has been able to recover 11.2 million users' plaintext passwords. The group believes that up to 15 million of the dating site's passwords can be easily cracked.