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After months of investigation, law enforcement has nabbed suspects believed to be behind hacks at JPMorgan Chase and other big banks... and they're not quite the master criminals you might expect. Both the FBI and Israeli police have arrested four people for what now appears to be a classic "pump...

July 21st 2015 at 8:23pm 0 Comments
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In a coordinated takedown, law enforcement agents around the world have teamed up to shut down the well-known cybercrime forum Darkode, pursuing 70 of its members and associates resulting in 28 arrests so far. In the US, the Department of Justice and the FBI have announced criminal charges against...

July 15th 2015 at 3:35pm 0 Comments
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One of the problems with virtual currency is that when it's robbed from a bank, it's going to take an awful lot of work to make it look exciting in a movie. So I feel for future filmmakers who have to dramatize something like the recent Chinese cyber heists where the culprits demanded bitcoins f...

May 16th 2015 at 3:21am 0 Comments
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Security Secretary Jeh Johnson has announced that the Department of Homeland Security will soon open a satellite office in the heart of Silicon Valley. The new location will serve a dual purpose: to solidifying the DHS's relationships with area tech firms, which have been rather strained over the...

April 21st 2015 at 3:21pm 0 Comments
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Russia's military overtures haven't been limited to its recent arctic war games. Cyber operatives reportedly working for Russia have already compromised an unsecured State Department computer system. Now US officials have admitted that the White House's network has been hit as well. While the affe...

April 7th 2015 at 6:44pm 0 Comments
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No matter how serious you are, you're going to draw a lot of attention if you hack the US military -- and one Brit may be learning this the hard way. The UK's National Crime Agency has arrested an unnamed young man over allegations that he breached the Department of Defense's network last June. He...

March 8th 2015 at 3:55am 0 Comments
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The US Department of Justice just announced three indictments for what one attorney called "the largest data breach of names and email addresses in the history of the Internet." Vietnamese citizens Viet Quoc Nguyen and Giang Hoang Vu stand accused of a scheme to hack email service providers, while...

March 6th 2015 at 1:44pm 0 Comments
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Though most of us cast stones at large-scale corporate password thefts, we ought to be checking our own glass houses, according to a security company called Trustwave. It just revealed that a single attack from a Dutch-based server has resulted in 2 million passwords pilfered from individual users...

December 4th 2013 at 12:49pm 0 Comments
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Virtual crime can lead to very real damage, and the European Parliament knows this well enough to have just issued a draft directive toughening up the EU's penalties for internet-based violations. Get caught running a botnet and you'll face a minimum of three years in prison; dare to attack critic...

July 5th 2013 at 2:22am 0 Comments