The Bank of England weathers an average of eight cyber attacks including malware-laced “spear phishing” campaigns per week, according to Chief Information Security Officer Don Randall.
A new intelligence-sharing network aims to protect financial institutions by sharing information between government, security firms and financial institutions to “predict” vulnerabilities.
The hi-tech research wing of the US military DARPA (Defence Advanced Research Projects Agency) is to offer a $2 million prize offered for a fully automated defense system - a computer that defends itself without human intervention.
FBI names as "Most Wanted" the leader of cyber criminal gang based in Russia and Ukraine responsible for both GameOver Zeus and Cryptolocker schemes, as law enforcement agencies crack down on cyber crime infrastructure.
It is perfectly possible to “hack” a car while it is driving on the road, seize control, and force the vehicle into a fatal crash, says a car security specialist - saying that the 100-or-so computers in "connected" cars are vulnerable to attack.
In Ubisoft's Watch Dogs, a man out for vengeance chooses an odd weapon - a smartphone. Loaded with deadly apps, he blows up power stations, wrecks cars and stops trains. But how close to reality is it?
Music streaming service Spotify has urged its Android users to upgrade to a new version of the app after “unauthorized access to our systems and internal company data” - but only one, unnamed person fell victim.
Activision Blizzard - makers of game hits such as Call of Duty and World of Warcraft - have taken “aggressive” legal moves against gamers who use illegal software to cheat in games - in particular, the hit strategy title Starcraft 2.
As the 145 million people affected by the security breach at online giant eBay get used to the idea that their personal information may be "out there" and their passwords need to be changed, we wanted to update yesterday's coverage of the story.
The leader of a gang who attacked 24 websites in search of personally identifiable information – from the unlikely confines of an aircraft carrier – has pleaded guilty.
Blackshades is a RAT and the FBI has just arrested a lot of people involved in its use and distribution. But what's a RAT and how will these arrests impact cyber crime?
Many cybercriminals are not exactly Bond villain material - in fact, some are criminals with a level of weapons-grade stupidity that Bond villains wouldn't even employ as henchmen.
The FBI is gearing up for a major crackdown on cybercrime, and says that arrests of major criminals will follow in weeks. Criminals in foreign countries will not be safe, a top FBI official said.
The popular online wallet site Dogevault is offline after attackers destroyed data on the site. The impact on user funds is unknown - although site users have reported withdrawals from their accounts, some as large as 950,000 Dogecoin.
If only two factor authentication had been used, maybe the database would never have been accessed by online criminals.
Tax identity fraud is on the rise this year, possibly due to criminals getting craftier in their choice of breach targets. According to a series of reports from Brian Krebs, fraudsters are now targeting third-party payroll services.
A Miami high school student who hacked into his school’s website to change grades is facing “years” in custody, after Jose Bautista, 18, handed a written confession to police, according to ABC News’s report.
US retail giant Target has announced that it is parting ways with Gregg Steinhafel, its chairman, president and CEO. If you work in an IT department, and think that your board isn't taking information security seriously enough, then perhaps reminding your executive team about just how badly Target has been affected by its data breach will help focus their minds.
The key to a good cyber defense strategy is to improve knowledge of current threats, and risks to businesses, according to law enforcement professionals speaking at London’s Infosecurity Europe 2014 conference in London.
Anyone with an AOL email address was urged to change their password and security questions this week after a cyber attack which compromised a "significant number of user accounts" - quoted by news agency Reuters as around 2% of all AOL accounts.