International law enforcement agencies are warning banking institutions and businesses about extortion attacks being waged by an entity known as DD4BC, or DDoS for Bitcoin. They're advising organizations not pay any ransom and to notify their ISPs and law enforcement officials of any threats.
Lizard Squad, which markets the Lizard Stresser distributed denial-of-service attack tool, appears to have targeted the public-facing website of the U.K.'s National Crime Agency in retaliation for its recent DDoS-tool crackdown.
The U.K. National Crime Agency has charged four teenagers with using the "Lizard Stresser" distributed denial-of-service tool to disrupt the websites of a national newspaper and a school, as well as gaming companies and online retailers.
Extortionists and "free agent" rogue insiders have emerged as the top two most malicious cybercrime threats to banking institutions, says Gartner's Avivah Litan. How should institutions bolster their defenses?
Nothing says "you really screwed up" like receiving the Pwnie Award for "Most Epic Fail" at the annual Black Hat conference. Hence it's no surprise that in the wake of its mega breach, the win goes to the U.S. Office of Personnel Management.
The FBI says numerous financial services firms continue to face DDoS and stolen-data-dump threats from supposed hackers. Security experts say the only effective and sustainable defense is preparation - not payoffs.
The prices for stolen payment card data and other cybercrime products and services on Russian underground forums continue to fall. But the cybercrime ecosystem is more automated, effective and robust than ever, Trend Micro reports.
Akamai's John Ellis talks about the quick evolution of bots and botnets, and how enterprise security leaders should deal with them now using a three-pronged approach - detection, management and mitigation.
Just how prepared are Japanese entities for dealing with the risks from targeted attacks? What are the unique considerations and the maturity level? Trend Micro's Masayoshi Someya shares his perspective.
The Ashley Madison dating website hack and threatened data release is a perfect illustration of the perils - and promise - of our Internet-connected, hacktivist age, whether it comes to online dating or the Internet of Things.
Is it wrong that accused Lizard Squad hacker Julius Kivimaki, a teenager who was convicted of 50,700 "instances of aggravated computer break-ins" attacks, gets to walk away without having to serve any jail time?
A "deliberate" denial-of-service attack against state-owned LOT Polish Airlines resulted in ground crews being unable to generate flight plans. The airline now says its systems were not hacked, but rather disrupted, and that all airlines face similar risks.
Wipro has developed a fraud detection model for improved risk management using big data analytics. Can CISOs leverage it to reduce risk, enhance process efficiency and refine fraud detection algorithms?
Attackers today continue to refine their distributed denial-of-service attack capabilities, delivering downtime on demand. The increase in attack effectiveness and volume demands new types of defenses, says Akamai's Richard Meeus.