Two of Canada's biggest banks are investigating claims by "fraudsters" that they accessed their customers' data. At risk: 50,000 Bank of Montreal customers and 40,000 Simplii Financial customers. Both banks say they've alerted potentially affected customers and plan to cover any losses.
Canadian citizen Karim Baratov has been sentenced to serve five years in U.S. federal prison after he admitted to hacking and identity theft charges connected to his working as "hacker for hire" for alleged Russian FSB officers, who have been tied to a massive 2014 breach of Yahoo.
A mental healthcare practice's decision to pay a ransom to have sensitive patient data unlocked illustrates the difficult choices that organizations can face when attempting to recover from a ransomware attack.
A group of cybercriminals known for their persistence and precision in executing attacks against banks' ATMs and card processing infrastructures has regrouped despite the arrest of their alleged leader.
Calling Grant West "a one man cybercrime wave," a British judge sentenced him to serve more than 10 years in prison after he admitted to hacking into businesses, spoofing 100 organizations via phishing campaigns and earning profits in bitcoins from the sale of stolen personal details.
To judge by the flood of GDPR-themed email hitting inboxes, Europe's privacy law has been designed to ensure that you say "yes" to companies that monetize the buying and selling of your personal details, regardless of whether you remember ever having done business with them before.
A swift FBI sinkhole blunted an apparently imminent attack against Ukraine via "VPN Filter" malware, which has infected more than 500,000 routers. But mass router compromises will continue so long as manufacturers fail to build in easy or automated patching and updating, security experts warn.
At least 500,000 routers, mostly located in Ukraine, have been infected with "VPN Filter" malware that experts believe is a prelude to a massive cyberattack. But the FBI has sinkholed the control domain for the router botnet, which should help contain the potential damage.
Following 33 arrests, police in Europe say they have dismantled a Romanian-led crime gang that used phishing attacks, online scams and fake invoices to steal more than $9 million from victims in Spain, including individuals as well as organizations ranging from hospitals to government agencies.
European Parliamentarians finally had their opportunity on Tuesday to ask Facebook CEO Mark Zuckerberg questions about its data handling and privacy practices. But the session, which lasted roughly 90 minutes, turned into a somewhat frustrating flop.
John Gammell of New Mexico has been sentenced to serve 15 years in prison for launching DDoS attacks against prior employers and business competitors, as well as for being a convicted felon in possession of firearms.
If you're paying attention, you've probably already seen a handful of GDPR-related headlines just today, let alone in the last week or month. But there are two good reasons for the deluge of GDPR discussion right now: It's incredibly important and the time to act is now.
Leading the latest edition of the ISMG Security Report: Years of massive data breaches have fueled an increase in synthetic identity fraud, in which fraudsters combine real and bogus details to create more effective fake identities. Plus, has "The Dark Overlord" hacking group finally met its match?
A security breach is always a sensitive topic - but especially so during a merger or acquisition. Ofer Israeli, CEO of Illusive Networks, discusses how deception technology can help prevent disruption by a cyberattack during M&A activity.