Cybercrime

Over 3.2 Million Debit Cards May Have Been Compromised, Says National Payment Corporation of India

A total of 3.2 million debit cards across 19 banks may have been compromised as a result of a suspected malware attack. The breach, possibly largest of its kind in India, was confirmed by the National Payment Corporation of India (NPCI) in a statement today. more

FBI, Czech Police Arrest Russian in Connection With US Hacking Attacks

FBI in a joint operation with the Czech police, arrested a Russian citizen in Prague on Wednesday in connection with attempted cyber-attacks against the United States. more

What Trump and Clinton Said About Cybersecurity in the First US Presidential Debate

The Internet and tech got very little mention last night during the first of three presidential debatest. The only notable exception was cybersecurity where moderator Lester Holt asked: "Our institutions are under cyber attack, and our secrets are being stolen. So my question is, who's behind it? And how do we fight it?" The following are the responses provided to the question by the two candidates. more

Yahoo to Confirm Massive Data Breach, Several Hundred Million Users Exposed

"Yahoo is expected to confirm a massive data breach, impacting hundreds of millions of users," reports Kara Swisher today in Recode. more

New York’s Department of Financial Services Issues Cybersecurity Proposal

New York state is proposing new rules requiring banks and insurance companies to establish cybersecurity programs and designate an internal cybersecurity officer. more

China Taking Steps to Show it is Responsive to Foreign Concerns on Cybersecurity

"China Sets New Tone in Drafting Cybersecurity Rules," By Eva Dou in Beijing and Rachael King in San Francisco reporting in the Wall Street Journal. more

Nigerian Scammer, Ringleader of International Criminal Network Arrested

The 40-year-old Nigerian national, ringleader of a global network believed to be behind scams totalling more than USD $60 million has been arrested in a joint operation by INTERPOL and the Nigerian Economic and Financial Crime Commission (EFCC). more

German Police Force Shifts More Focus to Darknet After Mass Shooting

"German police will do more to fight crime committed on the dark net'," was the announcement days after mass shooting by a gunman with weapon bought from the darknet. "We see that the darknet is a growing trading place and therefore we need to prioritize our investigations here," said Holger Muench, head of Germany's Federal Police (BKA). more

EU Launches First European Public-Private Partnership on Cybersecurity, Plans $2B Investment

The European Commission has launched a new public-private partnership on cybersecurity expected to trigger €1.8 billion ($2B) of investment by 2020. more

Final Day to Give Input on “Future of the Internet” Survey

Today, June 26, is the final day that you can help the Internet Society with its "Future of the Internet" survey. It takes about 20-25 minutes and will help my colleagues at the Internet Society develop a number of scenarios about the possible future of the Internet. These scenarios can help all of us in talking to policy makers, leaders, media and the general user population about the choices we have before us for the future of the Internet. more

Brexit v. EU: Cybersecurity Stakes too Hight for UK to Take an Isolationist Approach

Michela Menting, Research Director at ABI Research sharing a cybersecurity perspective amidst Brexit aftermath: "It is likely that the UK will continue in a similar direction as the rest of the EU with regards to cybersecurity and cybercrime. However, there may be a dampening impact on the country with regards to the skills pool." more

NASCAR Team Pays Ransomware Fee to Recover Its Critical Files

NASCAR team Circle Sport-Leavine Family Racing (CSLFR) disclosed today a ransomware infection incident that took place in April and nearly caused losing access to critical files worth about $2 million. more

Corporate Email Phishing Scams Result in $3.1B Loss, Near 1300% Increase in 18 Months

Total number of Business Email Compromise (BEC) related crimes have reached epidemic levels, at nearly $3.1 billion in losses and involving 22,143 victims worldwide since January 2015, according to a new FBI report. more

Ethical Hacking: Turning The Tables to Boost Cyber Security

Hacking remains a huge problem for businesses. As noted by MarketWatch, more than 175 data breaches have already happened this year, and in 2015 approximately 105 million adults in the United States had their personal information stolen. For companies, the stakes are huge: Compromised systems not only damage the bottom line but can severely impact public opinion. more

Fed Records Indicate Over 50 Cybersecurity Breaches Since 2011, Some Flagged as “Espionage”

The cybersecurity reports, which represent only a slice of all cyber attacks on the Fed, were obtained by Reuters through a Freedom of Information Act request. more