Six suspects have been arrested as part of a 14-month international police probe into the theft of at least $28 million worth of bitcoin cryptocurrency from more than 4,000 victims in at least 12 countries. Investigators say attackers appear to have "typosquatted" legitimate bitcoin exchange sites.
Cloudflare was unsparing in its criticism of Verizon over a BGP snafu that hampered 15 percent of its global traffic, as well as traffic of Amazon and Google. Verizon's error underscores that much heavy lifting remains to make critical internet infrastructure secure.
Attackers - likely operating from China - have been surreptitiously hacking into global telecommunications providers' networks to quietly steal metadata and track subscribers - and those with whom they communicate - as part of an ongoing cyber espionage operation, warns security firm Cybereason.
More organizations are deploying single sign-on mechanisms when they move to software-as-a-service applications to help enhance authentication and control access, says Moshe Ferber, chairman of the Israeli chapter of the Cloud Security Alliance.
Iran is increasing its malicious cyber activity against the U.S, which could manifest in attacks that render computers unusable, a top U.S. cybersecurity official says. The warning comes after the U.S. reportedly targeted Iranian computer systems in response to the downing of a surveillance drone.
Hackers have repeatedly stolen valuable data - including launch codes and flight trajectories for spacecraft - from NASA's Jet Propulsion Laboratory in recent years, according to a new inspector general audit, which describes weak security practices.
The early days of email attacks - so much noise in the form of malware, spam and links - have given way to attacks that often rely on little more than words, and email gateways often struggle to arrest social engineering ploys, says Michael Flouton of Barracuda Networks.
Many cybersecurity tools are designed to block or allow specific activities based on prescribed rules, but with insider breaches continuing, enterprise protection also requires real-time reaction to actual user behavior, says Carl Leonard of Forcepoint.
Bad news for anyone who might have hoped that the data breach problem was getting better. "Anecdotally, it just feels like we're seeing a massive increase recently," says Troy Hunt, the creator of the free "Have I Been Pwned?" breach-notification service. Unfortunately, he says, the problem is likely to worsen.
With Facebook now officially preparing to launch its own cryptocurrency, Libra, in 2020, the social media giant is facing a privacy and security backlash both in the U.S. and Europe. Lawmakers and regulators are raising concerns about the offering based on the company's poor history of protecting user data.
A new report from Accenture highlights five key areas where cyberthreats in the financial services sector will evolve. Many of these threats could comingle, making them even more disruptive, says Valerie Abend, a managing director at Accenture who's one of the authors of the report.