Equifax is spending a ton of money on cybersecurity. Wall Street analysts don't like it.

Moody's downgrade marks the first time cybersecurity has been named as a factor in an outlook change.

financial news

European police seize BestMixer, saying it helped launder $200 million worth of cryptocurrency

by Jeff Stone • 4 days ago

It looks like law enforcement began collecting evidence against the site almost immediately upon its debut.

Fraud via rogue apps exploded by 300 percent in just a few months

by Jeff Stone • 5 days ago

Phishing rates stayed mostly constant from one quarter to the next, according to a new RSA report.

Venture capitalists predict more aggressive security tools will reap big bucks

by Jeff Stone • 1 week ago

Investors are looking for companies that find a way to scale technology that translates offensive security lessons into defensive techniques.

International police dismantle crime ring that allegedly used GozNym malware to try to steal $100 million

by Sean Lyngaas • 2 weeks ago

The crackdown included an indictment of 10 alleged members of the crime ring, and prosecution of defendants in Georgia, Moldova, and Ukraine.

CrowdStrike files to go public after losing $140 million last year

by Jeff Stone • 2 weeks ago

The company aims to raise as much as $100 million in the IPO, according to a regulatory filing submitted to the U.S. Securities and Exchange Commission.

Alleged FIN7 hacking director Andrii Kolpakov set to be extradited to the U.S.

by Jeff Stone • 3 weeks ago

Prosecutors say Andrii Kolpakov posed as a legitimate, high-level penetration tester as part of the FIN7 group's crime spree, which included the theft of 15 million payment card numbers.

Binance cryptocurrency exchange blames hackers in theft of $40 million in bitcoin

by Jeff Stone • 3 weeks ago

“The hackers had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time,” the company said.

Financial crime outpaces espionage as top motivation for data breaches, Verizon report finds

by Jeff Stone • 3 weeks ago

The figures again demonstrate how, despite an industrywide focus on technology, many breaches require human trust to be successful.

Facebook takes down Russian-linked disinformation targeting Ukraine

by Shannon Vavra • 3 weeks ago

Researchers tell CyberScoop that there is not enough information to pin this campaign on the Kremlin.

Payment scammers hit 201 campus checkouts with Magecart-inspired tactics

by Jeff Stone • 3 weeks ago

Mirrorthief is a new group that specifically targeted an orgnization that provides code to colleges and universities.

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