European criminals combined cannibalized EMV chips from stolen cards with miniature microprocessors to build fake payment cards that defeated POS security checks, enabling them to steal as much as $680,000, French researchers say.
Kerala Police plans to establish CyberDome, a high-tech public-private partnership center for cybersecurity and innovation to fight online crime. Critics raise concerns on its modus operandi and also recommend the agenda.
Attributing cybercrime to specific criminals is becoming increasingly critical, says Eward Driehuis of threat intelligence firm Fox-IT. Using the elusive Dridex campaign as an example, Driehuis explains in this video interview how many malware attacks are interconnected.
Apple has removed hundreds of apps from its App Store for violating its user-tracking guidelines. Chinese mobile advertising firm Youmi has issued "sincere apologies" for the tracking behavior and promised to compensate affected developers.
Dow Jones has dismissed a competitor's report, which claims that attackers operating from Russia hacked into the company's servers and stole sensitive financial information for insider-trading purposes.
EastWest Institute's Bruce McConnell says cybersecurity is not a technology problem, but a matter of risk management. And varied factors are involved in developing a cybersecurity ecosystem as part of the Digital India program.
A curious case of fraud has come to light at Kotak Mahindra Bank, where fraudsters misused credit cards that the bank says it never issued. What will investigations reveal about how fraudsters accessed this data? Who is liable?
Unprecedented levels of collaboration among targeted financial services firms enabled the international law enforcement operation that disrupted the Dridex botnet, security firm Fox-IT says. Now, can that model be repeated going forward?
Target - the nation's second-largest discount retailer and best-known data breach poster child - has begun issuing its house-brand REDcards with chip and PIN. The move comes as the majority of card issuers have opted for chip and signature, which some security experts warn is a weaker choice.
An international law enforcement operation - spearheaded by the U.S. FBI and U.K. National Crime Agency - has disrupted the notorious Dridex banking malware and phishing campaign, which has been tied to at least $40 million in losses worldwide.
Indian enterprises must strengthen their capabilities to secure Digital India. To combat emerging threats, security leaders prescribe a self-regulatory approach, rather than one driven by compliance mandates.
Newly discovered breaches at E*Trade Financial and Dow Jones highlight hackers' increasing attempts to steal, sell and utilize personal information. Security experts describe PII's value for fraudsters and scammers and offer lessons learned from these and other incidents.
Dell's announcement that it plans to purchase storage maker EMC for a mind-boggling $67 billion does not make clear the fate of EMC's information security unit, RSA. Analysts believe Dell has not yet determined whether RSA fits into its long-term plans or should be sold or spun off.
Security researchers have demonstrated in a lab setting an information-stealing attack against Amazon Web Services users. But Amazon says its customers "using current software and following security best practices are not impacted by this situation."