Former U.S. Secret Service agent Shaun W. Bridges has pleaded guilty to stealing $820,000 worth of bitcoins during the U.S. government's investigation into the underground narcotics marketplace known as "Silk Road."
The FBI estimates fraud losses linked to so-called business email compromise scams worldwide have exceeded $1.2 billion in less than a year. But some financial fraud experts say the losses from this largely overlooked threat could be even higher.
The FBI has arrested a former manager at Machine Zone, which makes the multiplayer "Game of War: Fire Age," over allegations that he attempted to bargain sensitive corporate information for a better severance package.
Hacker attacks often start with spear-phishing attempts, but healthcare entities can take steps to help prevent these scams from being successful, says Connie Barrera, CISO of Jackson Health System in Miami, who describes her organization's approach.
After Target's $67 million settlement with Visa to reimburse banks for expenses related to the retailer's 2013 breach, MasterCard confirms it is weighing a new deal. Will settlements derail a pending lawsuit against the retail giant?
A former military hospital worker has been sentenced to 13-plus years in federal prison for her involvement in $24 million identity theft and tax fraud scheme. Who else among her co-conspirators was sentenced?
In June 2012, restaurant chain Penn Station was among the first retailers hit by a POS breach linked to malware. Here, in an exclusive interview, President Craig Dunaway discusses the lasting impact of the breach.
A $46.7 million fraud scheme that hit Ubiquiti Networks Inc. shows the new & improved face of wire fraud - and just how easy it is for cybercriminals to fool employees into helping to pilfer their own enterprises.
For industries with a full-time focus on fighting fraud - such as banking, insurance and healthcare, among others - intelligence is invaluable. Although direct financial losses from fraud can vary significantly from one industry to another or in different parts of the world, the annual cost of fraud is substantial...
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.
A breach of patient data on a Web portal was discovered during a lengthy criminal investigation into a multi-million-dollar fraud scheme targeting Healthfirst, a New York-based managed care organization.
Visa's Eduardo Perez says one of the key merchant vulnerabilities his company is most concerned about is weak remote-access controls for point-of-sale systems and devices. He offers risk mitigation advice in this exclusive interview.
A lawsuit filed against information services firm Experian alleges the company failed to detect that a customer of its data aggregator unit was a fraudster. Could stronger customer vetting have prevented misuse of information?
The FTC says LifeLock has violated a 2010 settlement by continuing to make deceptive claims about its identity theft protection services. After the FTC made the announcement on July 21, Lifelock's stock value plummeted.