The formation of a new U.K. taskforce that aims to curb financial fraud is getting mixed reviews from industry experts. Is this just a government PR move, or can the taskforce truly be effective? And could such a group have an impact in the U.S.?
Warning: Too many voice over IP devices being used in enterprise environments have well-known default passwords or no security at all, thus leaving organizations at risk from covert surveillance and toll-fraud scammers, experts say.
The U.S. and U.K. government push to "backdoor" strong crypto - used to secure everything from online banking and e-commerce to patient health records and consumer communications - wouldn't stop most criminals or terrorists, researchers warn.
U.K. police have arrested a teenager on suspicion of having perpetrated a series of high-profile hacks and pranks against senior U.S. officials, including the director of the CIA, plus the recent release of nearly 30,000 DHS and FBI employees' contact details.
How will federal banking regulators respond to growing criticism of the FFIEC's Cybersecurity Assessment Tool? A new FDIC publication leads some experts to believe no new guidance is forthcoming. Here's why.
The Internal Revenue Service in January was the victim of yet another hacker attack. "We have to recognize that this is going to be an ongoing problem," IRS Commissioner John Koskinen says.
Over a three-month period in 2015, a single cybercrime gang managed to earn at least $330,000 in bitcoins thanks to an estimated 670 victims paying attackers to decrypt ransomware-infected systems. Should police be doing more to stop these attacks?
Candidates to become the first federal chief information security officer face an arduous application process involving the submission of an essay explaining their qualifications.
President Obama is creating a federal CISO post as part of a multifaceted initiative aimed at strengthening the nation's IT security. His plan includes forming a public-private Commission on Enhancing National Cybersecurity and boosting government cybersecurity spending by 35 percent.
The banking malware known as Carbanak continues to evolve, and cybercriminals are now using it to wage APT-style attacks against banks as well as companies in other sectors, according to security researchers at Kaspersky Lab.
Have Russian authorities collared the cybercrime gang responsible for the notorious Dyre malware? Related attacks ceased after authorities raided a Moscow-based production company developing a movie called "Botnet," Reuters reports.
Who is responsible for fraud losses resulting from business email compromise? Texas-based AFGlobal Corp. is suing its insurance firm to settle this question. Experts weigh in on the lawsuit and why cyber insurance rarely covers losses from these scams.
The rise in RFID-based contactless payment cards has led to increased concerns that fraudsters could wirelessly crack cards' secret cryptographic keys. But a team of MIT researchers has debuted defenses against such hack attacks.
The arrests of seven men allegedly linked to a skimming operation that targeted ATMs at retailers, including hotels and gas stations, is yet another indicator that U.S. merchants need to beef up the security of these devices.
The Office of Personnel Management is addressing three cybersecurity deficiencies identified by the agency's inspector general as contributing to a significant data breach, Beth Cobert tells a Senate panel considering her confirmation as the new OPM director.
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