FFIEC Updates Internet Banking Environment Guidelines

Jun 29, 2011 3:01:04 AM By Stu Sjouwerman

Federal banking regulators today released a long-awaited supplement to the 2005 guidelines that describe what banks should be doing to protect e-banking customers from cybercrime, hackers ...

The World Wide Web is being re-branded as the World Wild Web

Jun 27, 2011 6:54:53 AM By Stu Sjouwerman

[caption id="attachment_1070" align="alignleft" width="300" caption="World Wild Web"][/caption] Increasingly, cyber-criminals are using mobile malware and fake apps as monetizing ...

Users Are the Weak Link in IT Security!

Jun 23, 2011 1:17:02 PM By Stu Sjouwerman

[caption id="attachment_1060" align="alignleft" width="300" caption="Weak Link in IT Security"][/caption] Firewalls and antivirus software can only go so far. Jeff James of Windows IT ...

FBI Finally Shuts Down Major Cybercrime Outfit Coreflood-Botnet

Jun 22, 2011 3:13:11 AM By Stu Sjouwerman

[caption id="attachment_1054" align="alignleft" width="210" caption="FBI Cybercrime Agent"][/caption] The FBI has scrubbed some 19,000 PCs that were infected with the Coreflood bot ...

Bank Gets Sued Over $2,000,000 Cyberheist

Jun 20, 2011 3:14:15 AM By Stu Sjouwerman

A judicial decision came down last week from a District Court in Michigan. Experi-Metal fell victim to a major cyberheist and then sued their bank (Comerica) over a nearly $2,000,000 ...

Cybercrime on the U.S. Senate

Jun 17, 2011 4:07:05 AM By Stu Sjouwerman

On Monday, the U.S. Senate confirmed a branch of its website was breached by a hacker group. U.S. Senate Majority Leader Reid and House Speaker Boehner appear disheartened in photo. Its ...

U.S. Government is asking the High-Tech Business Sector to Fight Cybercrime

Jun 15, 2011 2:23:03 AM By Stu Sjouwerman

The U.S. Department of Commerce is asking big technology players with significant online presence to develop and adopt a code of conduct to help stop cybercrime. The Department of ...

Cyberheist: International Monetary Fund

Jun 13, 2011 5:03:08 AM By Stu Sjouwerman

Unknown attackers have cyber heisted the International Monetary Fund, but there's been no indication as to what—if anything—the cyber criminals managed to get their hands on. According to ...

U.S. Company Suffers a $588,000 Cyberheist Judge Says Too Bad

Jun 10, 2011 2:22:22 AM By Stu Sjouwerman

[caption id="attachment_994" align="alignleft" width="262" caption="Cyber Judge"][/caption] Cyber security experts are expressing serious concern over a decision on a cyberheist lawsuit ...

The Stakes Rise in the War on Cybercrime

Jun 8, 2011 1:58:39 AM By Stu Sjouwerman

[caption id="attachment_986" align="alignleft" width="300" caption="North America Cyber Crime"][/caption] The U.S. government just very recently broadened its definition of what ...

Cybercrime Sophistication Borne Out by Recent Google Gmail Attack

Jun 6, 2011 6:28:34 AM By Stu Sjouwerman

[caption id="attachment_980" align="alignleft" width="308" caption="gmail-phishing"][/caption] In the cybercrime war being fought across international boundaries, the recent Gmail hack of ...

Scotland Yard launches New Cyber Squad Unit

Jun 4, 2011 10:51:14 AM By Stu Sjouwerman

[caption id="attachment_972" align="alignleft" width="191" caption="Scotland Yard Cybercrime Unit"][/caption] Janet Williams of Scotland Yards Cybercrime Unit, who takes the lead on ...