Is it wrong that accused Lizard Squad hacker Julius Kivimaki, a teenager who was convicted of 50,700 "instances of aggravated computer break-ins" attacks, gets to walk away without having to serve any jail time?
Warning: All versions of Flash Player are vulnerable to a zero-day, weaponized exploit that became public when Italian spyware vendor Hacking Team was hacked, and 400 GB of corporate data leaked. Adobe has released an update to patch the flaw.
PCI-DSS will remain a viable standard even after EMV, as well as encryption and tokenization, become more common, argues Jeremy King of the PCI Council. He acknowledges, however, that the standard will have to evolve in light of changes in the payment system.
A new alert from the FS-ISAC warns merchants and banks that remote-access attacks against POS systems continue to rise and offers risk mitigation recommendations. The center's Charles Bretz provides an analysis.
MasterCard is testing a smartphone app that lets users approve online transactions using facial recognition, via the equivalent of taking a selfie. But could such technology be spoofed, and will it reduce card fraud?
An unconfirmed post-breach report for bitcoin exchange Bitstamp shows the organization was targeted by a sustained attack that combined phishing via email and Skype with macro malware to successfully steal almost 19,000 bitcoins, worth $5 million.
Trump Hotel Properties confirms it is investigating reports of card fraud tied to multiple hotels. Numerous hotels, restaurants and retailers continue to report breaches, stemming from POS malware infections.
Cisco announced plans to pay $635 million to purchase cloud security firm OpenDNS to better secure the "Internet of Everything." OpenDNS says the acquisition will leave its products and personnel intact.
The Department of Justice has announced the indictments of two individuals in separate fraud cases affecting the University of Pittsburgh Medical Center. The cases spotlight the challenges healthcare organizations face in the fight against fraud.
U.S. businesses and consumers have reported experiencing more than $18 million in losses stemming from CryptoWall ransomware, the FBI warns. Security experts say ransomware's ease of use and low risk fuels the increasing numbers of attacks.
European authorities say they have disrupted a Ukraine-based cybercrime gang tied to $2.2 million in fraud in Europe, the United States and beyond, perpetrated via banking Trojans, botnets and hacking-for-hire services.