Cybersecurity researcher Marcus Hutchins will plead not guilty in federal court to charges relating to creating and selling banking malware called Kronos. Some in the security community think the FBI may have confused legitimate research activities with criminal behavior.
Maxim Senakh, who was extradited from Finland to the United States to face charges related to Ebury botnet attacks, has been sentenced to serve nearly four years in federal prison, after which he will be deported to his native Russia.
British national Marcus Hutchins, aka "MalwareTech," has been arrested by the FBI on charges relating to the distribution of the Kronos banking Trojan. Hutchins is the "accidental hero" who singlehandedly defused the WannaCry ransomware outbreak.
The front line to battle Russian hackers is shifting to American courts, according to the lead story in the latest edition of the ISMG Security Report. Also, malware targets Apple's operating system and a preview of the ISMG Fraud and Breach Prevention Summit in New York.
Spain has approved a U.S. extradition request for Russian national Stanislav Lisov, who's been charged with helping to organize and profit from a prolific banking Trojan called Neverquest. He's the latest in a long line of suspected Russian hackers to be detained while vacationing abroad.
Gartner's Avivah Litan, a featured speaker at ISMG's Fraud and Breach Prevention Summit in New York on Aug. 8, says hacker attribution is taking on new importance, as traditional methods of determining attack risk and detection linked to indicators of compromise are no longer effective.
As financial organizations deploy artificial intelligence and machine learning in the fight against money-laundering fraud, David Stewart of SAS offer tips to help separate fact from market hype when reviewing new data analytics tools.
Britain's home secretary claims that "real people" don't really want unbreakable, end-to-end encryption - they just like cool features. Accordingly, she asks, why can't we just compromise and add backdoors, thus breaking crypto for everyone?
FireEye has confirmed that one of its Mandiant breach investigation employee's personal laptops was breached by hackers, and corporate data dumped. The hackers say the leak is the first in a series of "Operation LeakTheAnalyst" attacks against cybersecurity researchers.
A look by DataBreachToday Executive Editor Mathew J. Schwartz at the human element behind malware leads the latest edition of the ISMG Security Report. Also, changes in the U.S. government's healthcare breach reporting website known as the "Wall of Shame."
To battle Russian hackers, Microsoft has moved to strip them of their malicious infrastructure. To do so, however, the technology giant isn't hunting the attackers down. Instead, it's taking them to court. Two cybersecurity attorneys rate Microsoft's efforts.
While the power grid malware unleashed against Ukraine could be repurposed to attack other grids, "it's not to the point yet where people should be freaking out or building bunkers or anything silly like that," says Robert M. Lee, who heads industrial cybersecurity firm Dragos.
A look at why the market for cyber insurance among small business struggles leads the latest edition of the ISMG Security Report. Also, how adware evolves into more troubling malware.
Police in Greece arrested Russian national Alexander Vinnik, who was indicted by a U.S. federal grand jury for allegedly running the BTC-e bitcoin exchange and helping to launder $4 billion in cryptocurrency tied to criminal enterprises, including the hack of the Mt. Gox bitcoin exchange.
A federal court has ordered the deportation of a Venezuelan citizen who is the second person to plead guilty for their role in a conspiracy to commit more than $2 million of tax fraud using identities stolen by hackers from a University of Pittsburgh Medical Center employee database.
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