Ransomware is evolving from a relatively low-dollar extortion racket, into a more sophisticated, more expensive, and more prevalent major criminal activity. Hardly a day goes by anymore without ransomware or cyber extortion making the news. A seeming turning point in …
Cybersecurity firm Kaspersky Lab says it has uncovered an online marketplace where criminals from all over the world sell access to more than 70,000 hacked corporate and government servers for as little as $6 each. Kaspersky discovered the forum after …
Cyber thieves who steal credit and debit card numbers are making millions of dollars in profits, fueling a global criminal enterprise marked by the high-profile data breaches of major companies such as Target and Home Depot. Thomas J. Holt, Michigan …
A three-hour shutdown of the New York Stock Exchange on the same day that a network failure halted all United Airlines flights in the U.S. had people across the country thinking one thing: cyberattack. It wasn’t, but the July 8 …
Barack Obama wants to prod corporations into addressing their cybersecurity weaknesses and he used his State of the Union speech last night to do just that. Obama also placed responsibility for inaction and any damage from future attacks on the …
The FBI’s premier cybersquad has focused attention on computer-based crime in recent months by helping prosecutors charge five Chinese army intelligence officials with stealing trade secrets from major companies and by snaring a Russian-led hacking ring that pilfered $100 million …
Cybercrime remains a growth industry. That’s the main message from former U.S. intelligence officials, who in a report outlined scenarios for how $445 billion a year in trade theft due to computer hackers will worsen. They warned that financial companies, …
The hackers are winning, according to a survey of 500 executives of U.S. businesses, law enforcement services and government agencies released Wednesday. The 12th annual survey of cybercrime trends found that online attackers determined to break into computers, steal information …
While Target’s massive data breach last year caused consumers to panic and drew attention to Internet crime, a new study finds that breaches on retailer payment systems are less common than other kinds of attacks. More than twice as many …
California has become a major U.S. target of cyber crimes committed by outlaw groups with ties to Eastern Europe, China and Africa, according to a report by state Attorney General Kamala Harris released on Thursday. As part of a broader …