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Cybersecurity is a business imperative

While cybercrime threats are on the rise, current attempts to counter them remain largely unsuccessful. According to the 2013 State of Cybercrime Survey report, organizations …

Pirate Bay co-founder sentenced for hacking Swedish companies

Pirate Bay co-founder Gottfrid Svartholm has been found guilty of hacking into Swedish IT company Logica and the Nordea bank mainframe and has been sentenced to two years in …

Businesses not fully implementing infosec programs

Many U.S. small businesses are taking a passive approach when it comes to protecting their data leaving themselves vulnerable to data loss and possible financial and …

Eight charged for hacking global financial institutions

Eight alleged members of an international cybercrime, money laundering and identity theft conspiracy have been federally charged in New Jersey with a scheme to use information …

Microsoft Citadel takedown ultimately counterproductive

Last week’s disruption of nearly 1500 Citadel botnets believed to be responsible for over half a billion US dollars in financial fraud and affecting more than five …

Proposed bill will deny foreign hackers entry into the U.S.

A day before U.S. President’s scheduled meeting with Chinese President Xi Jinping, a new act that aims to punish criminals engaging in cyber spying and theft on behalf …

Pirate Bay founder suspected of hacking police databases

Pirate Bay co-founder Gottfrid Svartholm, who has been extradited from Cambodia to Sweden to answer for allegedly hacking of Swedish IT company Logica and the Nordea bank …

Microsoft and FBI disrupt global cybercrime ring

Microsoft, the FBI, Agari, financial services industry leaders FS-ISAC, NACHA, and other industry partners, managed to break up a massive cybercrime ring which was stealing …

Most small businesses can’t restore all data after a cyber attack

Almost one-third of U.S. small businesses surveyed by the Ponemon Institute had a cyber attack in the previous year, and nearly three-quarters of those businesses were not …

Cyberespionage campaign targeting government-affiliated organizations

Kaspersky Lab experts published a new research report about NetTraveler, which is a family of malicious programs used by APT actors to successfully compromise more than 350 …

Liberty Reserve laundered $6 billion through illegal transactions

An indictment has been unsealed on Tuesday charging Liberty Reserve, a company that operated one of the world’s most widely used digital currency services, and seven of …

Liberty Reserve founder arrested, site and service inaccessible

When the website of Liberty Reserve, a Costa Rica-based payment processor popular with cyber criminals, became inaccessible late last week, speculation about what caused were …

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