Britain's privacy watchdog has proposed a record-breaking $230 million fine against British Airways for violating the EU's General Data Protection Regulation due to "poor security arrangements" that attackers exploited to steal 500,000 individuals' payment card data and other personal details.
Déjà vu basic cybersecurity challenge all over again: With the U.S. government warning that geopolitical tensions could trigger wiper-attack reprisals, security experts review the basic anti-wiper - and anti-ransomware - defenses organizations should already have in place.
A distributed denial-of-service attacker who crashed a popular gaming service at Christmas has been sentenced to serve 27 months in prison. Austin Thompson has also been ordered to pay $95,000 in damages to Daybreak Games.
Microsoft is warnings about a large-scale spamming campaign hitting several countries in Europe, with the attackers using an old Office exploit to send emails to victims that contain malware in RTF attachments.
Federal prosecutors brought racketeering and other charges against four people, including one U.S. citizen, related to Darkode, a notorious online forum that specialized in buying and selling of malware and other hacking tools. Law enforcement closed the site nearly four years ago.
A month after Baltimore's IT network was hit with the RobbinHood ransomware variant, officials believe the May 7 attack will cost $18 million, which includes recovering and restoring computer systems as well as lost municipal revenue.
The latest edition of the ISMG Security Report analyzes the "blame game" in the wake of a ransomware attack against the city of Baltimore. Also featured: Discussions of cyberthreats in the financial services sector and open source security concerns.
C-level executives are 12 times more likely to be the target of social incidents and nine times more likely to be the target of social breaches. This is among the key findings of the latest Verizon's Data Breach Investigations Report. Author John Grim shares insight.
Law enforcement agencies in the U.S. and Europe have disrupted a malware attack platform called GozNym. Six suspects have been arrested in four countries and face local prosecution on fraud, money laundering or malware-writing charges. Five Russian suspects remain at large.
The latest edition of the ISMG Security Report analyzes the FBI takedown of DeepDotWeb, a dark net portal. Also featured are discussions on healthcare app security and the repercussions of poor coding security.
A Ukrainian national is facing wire fraud and other charges stemming from his alleged involvement in a years-long malvertising scheme that infected millions of PCs around the world. Authorities allege that he created a botnet that other cybercriminals could rent out.
Russian national Anton Bogdanov has been charged with stealing more than $1.5 million from the Internal Revenue Service via a tax return fraud scheme. He was arrested last November while on vacation in Thailand, at U.S. request, and subsequently extradited.
Life after WannaCry and NotPetya: Europol, the EU's law enforcement intelligence agency, wants member states to be able to rapidly respond to the next big cyberattack against Europe. But with warnings of ongoing Russian election interference campaigns, the next big attack may already be underway.
Emotet pushes Ryuk, GandCrab taps NTCrypt, and BokBot borrows from Trickbot. With millions to be potentially stolen from victims, is it any wonder that malware-wielding gangs continue to get a little help from their cybercrime friends?