cybercrime

Cybercriminals attacked employees of U.S. federal civilian agencies as part of a "widespread cyber campaign" in 2022, revealed a cybersecurity advisory. What Happened: The Cybersecurity and Infrastructure Security Agency, National Security Agency and Multi-State Information Sharing and Analysis...

International police organization Interpol has formulated a dedicated squad in Singapore to assist countries fighting crimes related to cryptocurrencies. At a press conference in New Delhi, the police organization made the announcement ahead of its 90th general assembly, which will be...

By Tony Carothers The remote work era brought on by the COVID-19 pandemic has made it even easier for criminals to execute payment fraud attacks. For most companies, it's become a matter of when they’ll face a fraud attack--not if. New defenses are needed, because the nature of cybercrime...

Apple Inc (NASDAQ: AAPL) and Facebook parent Meta Platforms Inc (NASDAQ: META) shared customer data with hackers who pretended to be law enforcement, Bloomberg reported on Wednesday, citing three people familiar with the matter. What Happened: The two...

Authorities in Germany have sold $113 million worth of cryptocurrency seized from drug traffickers earlier this year. What Happened: According to a Wednesday report from the prosecutor’s office in Frankfurt, the seized assets were sold off earlier this month and proceeds were received by the...

BlackBerry Ltd (NYSE: BB) added a new product to its portfolio that will assist businesses and organizations in managing critical events quickly and effectively. What Happened: On Monday, the company announced its new BlackBerry Alert Next-Gen, a critical event management...

On Wednesday BlackBerry Inc (NYSE: BB) released its annual 2021 cyber-security threat report detailing increased cybercrime activity. What Happened: BlackBerry’s report shows that since the onset of COVID-19 attackers have tailored attacks to the new work-from-home reality and have increased...

The U.S. government on Thursday announced sanctions on a Russian hacking group called Evil Corp, and announced a reward for the capture of its leader in connection with the distribution of malware that hit banks around the world in a $100 million theft. What To Know About Evil Corp The Treasury...

While the Federal Reserve Bank of New York initially rejected 35 fraudulent funds transfer requests related to a Bangladesh Bank account, it then approved four of the fraudulent requests, resulting in the wipeout of $81 million, according to Reuters. The New York Fed's decision to approve a handful...

McAfee’s new report on cybercrime highlighted some troubling trends. Public apathy surrounding data breaches may be compounding the problem. Video, music and other subscription service credentials are the latest targets for cybercriminals. A new report by McAfee shed some light on the world...

Earlier this year, a computer glitch brought the New York Stock Exchange to its knees when trading was stopped for almost four hours. The incident raised questions about how the financial system's increasing reliance on technology could cause problems in coming years. One such question has...

Juniper Research released a report on Tuesday that articulated not only that cybercrime is on the rise, but it also comes with an extraordinary price tag. Due to digitization within the consumer sphere, data breaches will quadruple, costing upwards of $2.1 trillion across the globe within the...

Last year's high profile hacking attacks on Target Corporation (NYSE: TGT), Home Depot Inc (NYSE: HD) and Sony Corp (ADR) (NYSE: SNE) raised awareness among consumers and businesses alike that cybercrime was developing faster than the programs that protect against it. The security breaches from...

The Pentagon is making good on its promises to invest further in developing technology by opening its first office in the startup capital of the world, Silicon Valley. Recent concerns that other nations like China are beginning to surpass the U.S. in terms of technological capabilities has...

The popularity of interconnected devices that automate everything from cars to household appliances is quickly rising, but with that comes a new threat of hacking attacks that penetrate one gadget, but gain information from any connected device. A recent report from Symantec Corporation (NASDAQ...