A international law enforcement operation involving 16 countries has resulted in the arrest of 20 individuals suspected of belonging to the QQAAZZ criminal network, which helped launder cash and cryptocurrency for other cybercriminals.
The Joker's Stash darknet marketplace has posted a fresh collection of 3 million credit cards that are likely related to a breach of the Dickey's Barbecue Pit chain of franchised restaurants, according to Gemini Advisory.
Criminals have been seeking innovative new ways to steal cash from ATMs. In the U.S., there has been a surge in physical attacks, while Europe has seen a sharp increase in "black box" attacks designed to make ATMs dispense cash on demand.
A newly identified financially motivated threat group, dubbed "FIN11," is deploying Clop ransomware and exfiltrating data from its targets for extortion efforts, according to researchers at FireEye Mandiant.
Business email compromise scams continue to proliferate around the globe, with the U.S. now second only to Nigeria as a home base for the cybercriminal organizations waging the campaigns, according to a study by the security firm Agari.
The rapidly changing threat landscape is making it easier for malicious actors to commit fraud - and COVID-19 has made it even more challenging. Cybercriminals are ramping up sophisticated phishing scams, deploying malware to capitalize on the spike in mobile users, and accelerating mule recruitment.
To combat this...
The COVID-19 pandemic accelerated trends toward remote banking, digitization, and remote work. Around the world, we now rely more than ever on digital solutions for interactions and transactions that have traditionally involved a visit to the branch.
The new normal is here. eSignatures and remote ID verification...
Despite the takedown of the Trickbot botnet by Microsoft and others Monday, the malware is still functioning, and its operators retain the tools needed to rebuild their malicious network, some cybsersecurity experts say. So the impact, while significant, could prove to be temporary.
Microsoft collaborated with cybersecurity companies and government agencies to take down the million-device Trickbot botnet in an effort to help protect the Nov. 3 U.S. election and stop the global spread of ransomware and other malware.
Artificial intelligence and machine learning offer the best hope for addressing the risks posed by synthetic identities, says Justin Davis, fraud manager at Digital Federal Credit Union.
While most payment card skimming attacks zero in on ecommerce sites for consumers, a newly discovered attack targeted PlayBack Now, an online video conferencing firm, Malwarebytes reports.
A hacking group is taking aim at industrial targets in an ongoing cyberespionage campaign, security firm Kaspersky reports. The group, dubbed "MontysThree," uses a variety of techniques, including steganography, to avoid detection.
A hack-for-hire group dubbed "Bahamut" is renting out its espionage and disinformation services to the highest bidder to target nonprofit organizations and diplomats across the Middle East and southern Asia, according to security researchers at BlackBerry.
What are the top cyberthreats facing the financial services sector? Valerie Abend of Accenture describes the findings of a new report on the subject in an in-depth interview.
Microsoft is warning that hackers with connections to Iran, as well as other threat actors, are attempting to exploit a critical vulnerability in Windows Server dubbed Zerologon, for which it has issued a partial patch.
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