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Criminals stole $3.4B from online revenues in 2011

Merchants are making gains against fraud but the battle continues, according to CyberSource, a Visa company. The fraud rate by order (the percentage of orders that turned out …

Leading CSOs outline roadmap to combat advanced threats

RSA released new insights from a group of the world’s leading CSOs, designed to help corporations and governments improve visibility into advanced threats ranging from …

Koobface botnet goes down, suspects scurry to erase tracks

As the names of the five individuals believed to be behind the Koobface botnet were revealed on Tuesday, their reaction was almost immediate and seems to validate the …

Hackers steal $6.7 million in bank cyber heist

A perfectly planned and coordinated bank robbery was executed during the first three days of the new year in Johannesburg, and left the targeted South African Postbank – …

Threat incidents and security wins in 2011

Having spent much of the year battling data breaches that led to huge information and financial loss, the security industry was likely relieved to see 2011 come to a close. In …

Brazen Brazilian hackers opening cybercrime schools

Brazilian hackers are known for their preference for stealing and misusing phished banking credentials and credit card numbers, but also for their penchant to openly brag …

Hackers breach T-Mobile Web server, leak staff data

A Web server hosting part of T-Mobile’s official website has apparently been compromised by TeaMp0isoN, a hacker collective associated with Anonymous, and some of the …

Chinese using malware to attack US DoD smart card security

AlienVault found evidence of Chinese-originated attacks against the US government agencies including the US Department of Defense (DoD), which use a new strain of the Sykipot …

How to foil targeted attacks

There are two types of targeted attacks aimed at organizations and companies: server-side and client-side. Server-side attacks consist of attacks on the organizations’ …

Israeli credit card hack creates more opportunities

In a recent data breach incident, a Saudi hacker defaced a prominent sports news web site in Israel and linked its front page to a file exposing the details of many credit …

Chinese hackers infiltrated US Chamber of Commerce

The computer systems of the US Chamber of Commerce, a lobbying group that represents the interest of US businesses and trade organizations, have been infiltrated by hackers. …

Visa probes into potential card processor security breach

Credit card company Visa has announced that it has been informed of a potential data security breach at a European payment processor and that it has mounted an investigation …

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