Forced to come clean on breaches against the U.S. Federal Reserve, the Fed on Wednesday revealed the agency that drives financial markets around the world has been breached as many as 50 times in the past five years. As part of a Freedom of Information Act request by the Reuters news agency, the public is...

Remote support software company TeamViewer continues to contest claims this week it was hacked and instead claims that password reuse and careless user actions may have led to some of its customers’ machines being compromised. The German company has been vigilant with its stance since posting a statement on the issue last Monday, but that...

New malware that targets industrial control systems called Irongate was found by researchers who say the discovery should serve as another wakeup call to the security industry to shore up its detection capabilities around ICS and SCADA threats. Irongate, which shares some of the same attributes as the lethal Stuxnet malware, was found by researchers...

Russian law enforcement has made 50 arrests in connection with a five-year operation to steal three billion rubles (just shy of $45 million USD) from the country’s largest bank, Sberbank. The hackers are alleged to have exploited websites, including popular news sites, to infect victims with the Lurk Trojan, a downloader that grabs more malware...

Hackers claim to have unearthed a zero-day vulnerability giving attackers admin rights to any Windows machine from Windows 2000 to a fully patched version of Windows 10. The zero day is for sale on the black market for $90,000. Security experts say the zero-day exploit looks legitimate and in the wrong hands could be an...

Crooks breaking into enterprise networks are holding data they steal for ransom under the guise they are doing the company a favor by exposing a flaw. The criminal act is described as bug poaching by IBM researchers and is becoming a growing new threat to businesses vulnerable to attacks. According to IBM’s X-Force researchers, the...

Businesses were hit hardest by inbox-based scams in 2015 that robbed U.S. companies of $263 million. The numbers come from the FBI’s recently released 2015 Internet Crime Report that tallies the types of cybercrimes hitting U.S. business and individuals the hardest. According to the FBI, its Internet Crime Complaint Center (IC3) received 288,012 complaints last...

With the scourge of digital credential theft on the rise Microsoft is urging IT admin to button-up their networks and get serious about passwords and account security. The IT behemoth posted on Tuesday a best practices cheat sheet for administrators along with updating customers on some of the company’s latest security tools for keeping accounts...

Amazon customers were targeted in a massive spear phishing campaign where recipients received Microsoft Word documents with a macro that triggered downloads of the Locky ransomware. Researchers at Comodo Threat Research Labs say it is one of the largest spam ransomware campaigns this year. Fatih Orhan, director of technology at Comodo and the Comodo Threat...

Palo Alto Networks is reporting a shift in malware tactics used by the APT group Wekby that has added a rare but effective new tool to its bag of tricks. The security firm reported on Tuesday that over the past week, Wekby attackers are turning to the technique known as DNS tunneling in lieu of...