Nigerian email scammers upped their game, averaging 90,000 attacks monthly in 2019

The "SilverTerrier" group has evolved into a mature hacking threat over the past five years, researchers say.

financial news

FBI accuses Russian man of laundering money for a transnational cybercrime network

by Jeff Stone • 2 days ago

It's the latest update in the bureau's ongoing case against QQAAZZ, a transational money laundering operation.

FBI turns to insurers to grasp the full reach of ransomware

by Jeff Stone • 2 days ago

If victims don't report ransomware attacks to the FBI, insurers might be the next best source of information.

Malware from notorious FIN7 group is being delivered by snail mail

by Sean Lyngaas • 5 days ago

Not all suspicious USB sticks are a test.

Beazley: Ransomware claims more than doubled in the last year

by Jeff Stone • 1 week ago

These figures come as insurers continue to assess whether to pay the extortion fees that hackers impose on their clients.

Venture funding in security startups is falling. Don't blame the coronavirus.

by Jeff Stone • 2 weeks ago

Fewer deals could result in more money for the companies that do secure venture funding.

One private equity firm sells Checkmarx to another for $1 billion

by Jeff Stone • 2 weeks ago

Private equity deals usually involve mature companies, and typically result in restructuring with an eye on another sale in the future.

European police nab 26 suspects in SIM swapping dragnet

by Jeff Stone • 3 weeks ago

The attacks were anything but unique. Still, they worked.

FBI arrests alleged operator of a Russian hosting service meant for scammers

by Jeff Stone • 3 weeks ago

Kirill Victorovich Firsov said his website earned $17 million in sales, according to the FBI.

Accused LinkedIn hacker worked with alleged SEC hacker, according to DOJ filing

by Jeff Stone • 4 weeks ago

Yevgeniy Nikulin was in regular contact with Oleksandr Ieremenko, a Ukrainian national who allegedly hacked the U.S. Securities and Exchange Commission.

TA505 hacking crew spent much of 2019 trying to breach South Korea's financial sector

by Jeff Stone • 1 month ago

The Financial Security Institute said Friday that many of the phishing emails included malicious Microsoft Excel documents.

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