A massive international operation has resulted in the arrest of 118 people suspected of using stolen card data to buy airline tickets, or using fake tickets, thanks to big data capabilities for combating crime.
While security experts are predicting a significant uptick in point-of-sale attacks, as usual, during the holiday shopping season, they say retailers are better prepared to fight fraud because they've beefed up security.
Anti-virus firms Symantec, F-Secure, and Kaspersky Lab have been criticized for not issuing public alerts more quickly about powerful Regin espionage malware that has capabilities that reportedly rival Stuxnet and Flame.
Less than 48 hours after warnings first surfaced about espionage malware called "Regin," debate rages over who's been running the related attack campaigns, for what purpose, and if anti-virus vendors should have sounded warnings more quickly.
Cybercriminals are perfecting the automated systems they use to verify stolen debit and credit card data by exploiting charitable websites. Learn why these sites are so-called soft targets for hackers.
Stealth espionage malware known as 'Regin' or 'Regis' has been targeting government agencies, businesses and research institutes, with Russia and Saudi Arabia as prime targets, researchers say. But it's unclear what nation is behind the attacks.
Citadel financial malware has been upgraded to steal master passwords for software designed to securely store lists of usernames and passwords, according to IBM's Trusteer unit. Security experts offer insights on how to respond to the threat.
The FTC's crackdown on tech-support scams continues as a U.S. federal court temporarily shuts down two massive operations that allegedly deceptively marketed computer security software and tech-support services.
European police have announced the arrests of 15 alleged users of remote-access Trojans, which can be employed by attackers to spy on webcams, launch DDoS attacks, steal financial details and launch extortion campaigns.
Retailers cannot avoid innovation. Yet, cybercriminals thrive when retailers innovate. What, then, can retailers do to stop cybercriminals from breaching their defenses? Here are three key questions to answer.
Security experts warn of an increased risk that terrorists will disrupt the financial sector via cyber-attacks. In response, law enforcement authorities who monitor U.S. and U.K. financial markets plan to embed employees in each other's organizations.
While card issuers and payments acquirers are speeding up their EMV rollouts, Kate Larson of the Consumer Bankers Association says banks also should be implementing other technologies, including tokenization, in their efforts to fight fraud.
The stiff sentence of a cybercriminal for his role in an Internet-based scheme that trafficked in hacked payment card sends a strong message about the serious nature of ID theft. But experts say more tough sentences are needed to deter fraudsters.