After recently impacting banks in South Africa, the malware is now infecting point-of-sale systems throughout the globe, including those in the U.S., a security firm found.
Sheep Marketplace, an illicit drug bazaar available over the Tor network, shut down last weekend after millions in bitcoins were plundered from the website.
More than 1,700 people who made purchases with online retailer Made In Oregon are being notified that their credit card information may have been compromised in a security breach.
The system crash reportedly kept bank customers from withdrawing money from ATMs and from carrying out mobile and online transactions.
Like no other year before it, 2013 illustrated for the entire globe just how essential cyber security is to business endurance, economic durability and personal rights to privacy.
The Bitcoin community has banded together to offer a crowd-funded $10,000 bounty for whoever fixes a Mac OS X Bitcoin LevelDB data corruption issue.
Last week hackers stole 1,295 Bitcoins - more than a million dollars - from Denmark-based Bitcoin exchange BIPS.
Although it has yet to be discovered in the wild, researchers have uncovered a sneaky piece of financial malware, known as i2Ninja, being sold on a Russian cyber crime forum.
A penetration testing firm analyzed publicly reported compromises over the last 10 years.
Canada's banking regulator has issued a set of cyber security guidelines for financial institutions, warning that banks must be on the lookout for online fraudsters.
The planned event, called "Waking Shark II," marks the second year the city of London had participated in the security preparedness exercises.
Inputs.io was left unable to pay an undisclosed number of user balances after the free Bitcoin eWallet service was hacked on Thursday and relieved of 4,100 Bitcoin. That translates to about $1.1 million.
Four Romanian nationals have been arrested and charged with targeting ticket vending machines of MTA Long Island Rail Road in a classic skimming operation.
Risk is with us, whether physical or online, says Doug Johnson, American Bankers Association. James Hale reports.
In this video, Stefan Tanase, senior security researcher at Kaspersky Lab, sits with Danielle Walker, reporter at SC Magazine, to discuss the threat of financial fraud today.
By early 2014, the alliance plans to release an open standard that would shrink users' dependency on password and PIN authentication.
This month's new briefs include insight on the PCI Security Standards Council, DDoS attacks aimed at financial institutions, and more.
An attempted bank burglary has been linked to an April cyber heist on Barclays bank in London where £1.3 million was stolen.
Though victims are primarily in Europe, the list of 24 financial institutions being targeted includes several U.S. banks.
A programming error on a website belonging to Chicago-based PLS Financial Services allowed some visitors to access personal information of an undisclosed number of customers
Electronic skimming devices have been circulating for years with varied success, but modified portable and wireless point-of-sale devices are now making it easier than ever for crooks to steal card numbers.
A 19-year-old Argentinean man was arrested and charged with running a botnet that stole funds from gaming and money transfer sites.
Florida-based payroll card company Paymast'r Services is sending out letters to an undisclosed number of customers who had personal information compromised in a data breach.
Authorities have identified an attacker suspected of carrying out a sophisticated hack against Vodafone Germany, compromising personal information for nearly two million of the mobile phone company's customers.
The Hesperbot trojan has been distributed via sophisticated phishing emails impacting online banking customers in the Czech Republic, Turkey and Portugal.
Criminals have begun targeting the central switch at banks that controls wire transfers to gain access to their choice of accounts, resulting in a far larger payoff than if they merely targeted individual accounts.
The council released a highlight of potential new requirements and guidance to the PCI Data Security Standard and Payment Application Data Security Standard, both due out in November.
Researchers at RSA expect the malware's developers to add a suite of features that in the near future will make it a "full-blown" banking trojan.
Due to DDoS attacks, some customers may have trouble accessing their online accounts.
After attackers planted a remote access trojan on Calif.-based Efficient Services Escrow Group's systems, they carried out a cyber heist that led to the firm's shutdown.