A Russian national charged in connection with co-creating the Infraud Organization's online cybercrime forum that sold stolen payment card data and was tied to $530 million in fraud losses has pleaded guilty.
Aleksey Burkov, who operated a site called "Cardplanet" that trafficked in stolen payment card data used to make millions of dollars in fraudulent purchases, has been sentenced to nine years in federal prison. His case also involved high-level negotiations between the U.S., Russia and Israel.
Eight U.S. cities recently had payment card data stolen via point-of-sale skimming malware on their Click2Gov online payment platforms, according to Trend Micro, which says five of those cities had already been victims of similar Magecart-style attacks in recent years.
A man from the state of Washington has been sentenced to 13 months in federal prison for his role in developing the Satori botnet, which was used to conduct several large-scale DDoS attacks. The Justice Department also unsealed indictments naming co-conspirators.
Canadian information privacy regulators have ordered medical testing laboratory LifeLabs to improve its data security practices following their investigation of a 2019 breach that exposed the health data of 15 million individuals.
Troy Leach of the PCI Security Standards Council discusses how the shift to card-not-present transactions during the COVID-19 pandemic has created new fraud-fighting challenges and offers an update on pending standards revisions.
The U.S. Department of Justice unsealed a superseding indictment against WikiLeaks founder Julian Assange that expands the scope of the government's case against him. Federal prosecutors now allege that Assange conspired with the Anonymous and LulzSec groups to obtain classified information to publish.
A hacking group dubbed CryptoCore has stolen more than $200 million in virtual currency from several cryptocurrency exchanges over the past two years, the security firm ClearSky Cyber Security reports.
Police have confiscated $90 million from a company allegedly owned by Alexander Vinnik, who is accused of money laundering and defrauding individuals through BTC-e, a cryptocurrency exchange he controlled.
The Evil Corp cybercrime group, originally known for the Dridex banking Trojan, is now using new ransomware called WastedLocker, demanding ransom payments of $500,000 to $1 million, according to security researchers at NCC Group's Fox-IT.
Many ransomware gangs hell-bent on seeing a criminal payday have now added data exfiltration to their shakedown arsenal. Gangs' extortion play: Pay us, or we'll dump stolen data. One massive takeaway is that increasingly, ransomware outbreaks also are data breaches, thus triggering breach notification rules.