cybercriminals

Businesses are being hit with an extortion attempt based on attackers penetrating their network or websites and stealing corporate or user data. The attackers don’t say …

Technology is an important tool to help companies fight fraud, but many are not succeeding in using data analytics as a primary tool for fraud detection. Meanwhile, fraudsters …

As if withdrawing money from an ATM wasn’t dangerous enough, researchers discovered that Russian-speaking Skimer group forces ATMs to assist them in stealing users’ …

SWIFT, the organization that provides banks with a secure network for sending and receiving information about financial transactions, has sent out a warning about a malware …

It’s a well-documented fact that an organization may be under attack and not even know it, with malware spreading undetected across the network for days, weeks or even …

Nikita Kuzmin, the creator of the Gozi malware, was sentenced on Monday in Manhattan federal court to time served (37 months). He was also ordered to pay nearly $7 million in …

Kaspersky Lab researchers have uncovered a new trend among cyberespionage threat actors: instead of developing customized hacking tools or buying them from third-party …

Only 10 percent of internet-using adults in America used at least one social networking site in 2005. More than a decade later that number has grown exponentially, with 84 …

SIM Swap fraud or SIM Splitting, a financially-motivated mobile phone threat, is gaining momentum according to Foursys. Remote banking losses increased significantly last …

Dmitry Fedotov, aka “Paunch”, the creator of the infamous Blackhole and Cool exploit kits, has been sentenced to spend 7 years in prison, Russian news agency TASS …

Cybercriminals are adopting corporate best practices and establishing professional businesses in order to increase the efficiency of their attacks against enterprises and …

The infamous Carbanak group is again doing what it does best: attacks and compromises financial institutions, and tries to steal as much money as possible from them by taking …