South Korean cryptocurrency exchange Upbit says hackers have stolen $49 million worth of ethereum, in what is the year's seventh major cryptocurrency heist. Much of the $158 million stolen so far this year is likely fueling the North Korean regime's appetite for luxury goods and weapons of mass destruction.
With the California Consumer Privacy Act set to go into effect Jan. 1, 2020, companies are making last-minute compliance preparations. But these preparations are challenging because regulations to carry out the law are still pending and ambiguities remain. Here's a look at three issues.
Numerous regulations and standards have been introduced globally to help curtail online fraud. What makes EMV 3D Secure stand out? Matt Cooke and Paul Dulany of Broadcom weigh in on the implementation and benefits of EMV 3DS.
Mobile technology allows customers complete control over their banking security via their smartphones, however recent fraud cases have seen criminals virtually hijacking mobile phones to intercept alerts and texts.
One in ten eCommerce dollars is declined during payment authorization. Yet up to 70 percent of these orders are placed by legitimate customers who can afford to make the purchase.
The notorious Joker's Stash cybercrime marketplace, which specializes in selling stolen payment card data, has a new listing for 1.3 million credit and debit cards, almost all of which appear to have been issued by Indian banks, reports threat intelligence firm Group-IB.
This week's ISMG Security Report analyzes the cost of business email compromise attacks and the recent arrest of dozens of suspects. Also featured: updates on the easy availability of low-cost hacking tools and the latest payment card fraud trends.
Do criminal organizations prefer to target organizations that hold cyber insurance policies? A ProPublica report suggests that because cyber insurance policyholders are more likely to pay ransoms, they're a more frequent target. But some cybersecurity experts have expressed skepticism.
To explore how credential stuffing attacks and brute force attacks differ, we need to understand what they are and how they operate. Here is a quick summary.
A newly discovered vulnerability in Visa's contactless payment cards could allow fraudsters to bypass payment limits of 30 British pounds ($37) at U.K. banks, according to researchers at Positive Technologies, who claim the vulnerability could be exploited in other countries as well.
Given the massive impact of the Equifax data breach, is the recently announced proposed settlement fair? One consumer advocate calls the money to be paid out by the consumer reporting agency the equivalent of a "parking ticket." Here's an analysis of the settlement's terms.
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