The FFIEC has issued an alert calling on financial institutions to take specific risk mitigation steps in light of an increase in the frequency and severity of cyberattacks involving extortion. Fraud experts applaud the move while offering additional recommendations.
Adobe has issued an emergency patch for Flash in the wake of security experts warning that cyber-espionage attackers have been exploiting yet another zero-day flaw in the browser plug-in software.
A cybercrime ring that employed the Angler Exploit Kit to earn an estimated $34 million per year - from ransomware infections alone - has been disrupted by security researchers at Cisco's Talos security intelligence and research group.
Security experts warn about a trio of new threats: GreenDispenser cash-out malware, the Shifu banking Trojan being spread via malvertising attacks and Neutrino crimeware getting an upgrade to steal payment-card data.
Match.com suspended all advertising on its U.K. site after discovering that one of its third-party advertising provider's networks had been infiltrated by a malware-serving campaign. The incident follows U.K. dating site Plenty of Fish recently falling victim to a similar campaign.
What do successful but separate malware attacks against banking customers around the world, as well as the White House and health insurer Anthem, all have in common? Researchers say the answer is shockingly simple.
The takedown of Gameover Zeus taught law enforcement and banks many lessons, including that Trojans are being used to steal corporate secrets, not just money, says Eward Driehuis of Fox-IT, which investigated the threat actors behind the Trojan.
The recent seven-day malvertising campaign that ran via Yahoo's ad network demonstrates not just the challenge of finding these attacks, but the difficulty of blocking or eradicating them.
The prices for stolen payment card data and other cybercrime products and services on Russian underground forums continue to fall. But the cybercrime ecosystem is more automated, effective and robust than ever, Trend Micro reports.
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.
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.
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Symantec has issued new warnings about a malware strain known as Poweliks, noting that this Trojan is being used in conjunction with ransomware. But security experts disagree over the severity of the threat.
Britain's computer emergency response team - CERT-UK - reports that malware remains the dominant mode of online attack for cybercriminals, and Zeus their most preferred tool of choice. But the team is promoting a free information-alert service to help.
IT security today is an illusion. We spend more and more on security software and compliance processes, yet every week we hear about another company losing corporate emails or exposing their customers' personally identifiable information to disgruntled insiders or ever-more sophisticated hackers.
With the explosion...
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