Tracing bitcoin transactions, some security experts suspect multiple gangs have each amassed more than $1 billion, making them the equivalent of "unicorns" - a term venture capitalists apply to extremely successful startup firms. In case there was any doubt, cybercrime really does pay.
The discovery of a serious remote code execution flaw in Trend Micro's consumer security software - now patched - is a reminder that even security software has code-level flaws. But shouldn't security vendors be held to a higher standard than others?
Slamming a Ukrainian energy provider for recently falling victim to a spear-phishing email and Excel macro attack might be easy. But security experts recommend all organizations use the incident to ensure they won't fall victim to copycat attacks.
New details emerging about a breach involving a former Morgan Stanley employee illustrate how a case of inappropriate access to data can blossom into something much more serious. The case shines a spotlight on the urgent need to mitigate insider threats.
While cyberattacks will continue to menace healthcare and other business sectors next year, organizations can't afford to overlook addressing risks tied to insiders, who are responsible for most data breaches, says Michael Bruemmer of Experian Data Breach Resolution.
Ireland's Cyber Crime Conference in Dublin drew a capacity crowd for a full day of security briefings, networking, hotly contested capture-the-flag and secure-coding challenges, as well as a chance to sharpen one's lock-picking skills.
Despite the focus on external cyberattacks, insider attacks are almost as common and can potentially cause significantly more damage, says Michael Theis of Carnegie Mellon's CERT Insider Threat Center. In a video interview, he describes how science-based models can help organizations fight the battle from within.
BlackBerry plans to buy mobile device management rival Good Technology for $425 million. BlackBerry must prep for a future in which it no longer manufactures hardware - and that's why this deal makes sense.
Former U.S. Secret Service agent Shaun W. Bridges has pleaded guilty to stealing $820,000 worth of bitcoins during the U.S. government's investigation into the underground narcotics marketplace known as "Silk Road."
The FBI has arrested a former manager at Machine Zone, which makes the multiplayer "Game of War: Fire Age," over allegations that he attempted to bargain sensitive corporate information for a better severance package.
Stock markets in the United States, Europe, China and India continued their volatility Aug. 24, and it's not clear how cybersecurity stocks will weather the downturns. But with hack attacks not letting up, some analysts say cybersecurity companies will likely continue to thrive.
Human resources departments can play an important role in helping to prevent insider breaches, says Reid Stephan, IT security director at St. Luke's Health System. In an interview, he describes his organization's strategy.
Just two weeks after an international, FBI-led operation disrupted the notorious hacking forum Darkode, leading to 70 arrests, a supposed site administrator has claimed the forum will reboot on the "dark Web." But security experts question those claims.