Cybercriminals managed to steal $1.2 billion in cryptocurrency in reported and unreported theft since 2017 as some researchers fear new data privacy laws may negatively impact cybercrime studies.
While banks have built effective barriers for external attacks, researchers warn they have not done nearly as much work to fight threats on their internal networks.
The Polish Credit Office (BIK) has announced that it will be moving up to 140 million credit records to Blockchain in what is seen as a significant development in the use of Blockchain for secure document management.
Mexican authorities are investigating suspect a bank hack that siphoned hundreds of millions of pesos out of at least five banks.
A recent study found cybersecurity salaries in the retail sector are among the highest in the field while those in education and telecommunication are some of the lowest.
The massive data breach that compromised the data of 147.9 million Equifax customers last year has cost the company more than $242 million in related expenses, much of which has been covered by its cybersecurity insurance.
Financial institutions were reportedly warned in a memo by the U.S. Secret Service of a new scam whereby thieves intercept debit cards in the mail, remove their chips and replace them with older or invalid ones, and begin using the stolen chips when their rightful owner activates the sabotaged card.
Researchers have uncovered a new ATM jackpotting malware program that features a smaller system footprint and a simpler graphical user interface than its typical of its brethren.
Despite major investments in cybersecurity, email fraud continues to rise as cybercriminals' tactics become more advanced.
Cybercriminals are selling selfies alongside their data dumps on Russian language dark web forums offering potential buyers more options to exploit victims.
Prilex, a point-of-sale malware program that's historically been used to steal money or payment card information Brazilian ATMs and retailers, has now evolved into a comprehensive tool suite that lets cybercriminals steal chip and PIN card data and create their own functioning, fraudulent plastic cards.
Bitcoin stealing malware that swaps user accounts with that of the attacker was hosted on Download.com servers for nearly a year.
Multiple Chase Bank customer accounts were exposed after what was described as a "glitch" granted customers looking to log into their own accounts access to the accounts of random customers instead.
Argenys Rodriguez, 21, of Springfield, Mass. and 31-year-old Alex Alberto Fajin-Diaz, a citizen of Spain, were charged in U.S. District Court in Hartford, Conn.
Organized criminals are physically accessing ATM machines and infecting them with malware that makes them spit out cash, in what reports are calling the first-ever confirmed case of "jackpotting" attacks in the U.S.
A relatively new ransomware that infected Scottish hospitals last summer appears to be created by the same developers who are responsible for the dreaded Dridex banking trojan.
Originally used by reputed North Korean hackers to attack the global banking sector, the Ratankba downloader trojan has been repurposed into a PowerShell-based variant that appears to be targeting small, non-financial organizations and individuals with an interest in cryptocurrency, an analysis shows.
A newly discovered mobile malware program that primarily targets Russian banking customers can take over victims' SMS capabilities, allowing cybercriminals to intercept text messages that contain bank security codes, and then use those codes to reset bank account passwords.
A newly proposed legislation introduced by two Democratic U.S. senators aims to impose stiff, mandatory penalties on credit reporting agencies (CRAs) like that fail to protect consumers' sensitive information from data breaches.
While organizations often drag their feet in adopting new cyber requirements, playing the odds that either they won't be breached or found out by regulators, a bank's compliance with the SWIFT framework is transparent to other members of the global messaging platform.
Cybercriminals appear to be dropping Bitcoin for more private cryptocurrencies as law enforcement develop new techniques to monitor transactions.
With just a few more shopping days available before Christmas, cybercriminals are taking advantage of online shoppers' frenzied buying habits by injecting the Zeus Panda banking trojan into a wide range of retail and travel sites, along with spreading the malware through malspam.
Trend Micro researchers spotted two ATM malware families which raise concern of what's to come.
A tech CEO noticed the free Wi-Fi at his local Starbucks didn't exactly come without a price after discovering the network was to mining cryptocurrency.
A remote access trojan is targeting Bitcoin investors using spam emails claiming to advertise a new Bitcoin trading bot.