Norse Corp., a Foster City, Calif. based cybersecurity firm that has attracted much attention from the news media and investors alike this past year, fired its chief executive officer this week amid a major shakeup that could spell the end of the company. The move comes just weeks after the company laid off almost 30 percent of its staff.
The U.S. Federal Trade Commission (FTC) today said it tracked a nearly 50 percent increase in identity theft complaints in 2015, and that by far the biggest contributor to that spike was tax refund fraud. The announcement coincided with the debut of a beefed up FTC Web site aimed at making it easier for consumers to report and recover from all forms of ID theft.
Wendy’s, the nationwide chain of fast-food burger restaurants, says it is investigating claims of a possible credit card breach at some locations. The acknowledgment comes in response to questions from KrebsOnSecurity about banking industry sources who discovered a pattern of fraud on cards that were all recently used at various Wendy’s locations.
Oracle has shipped an update for its Java software that fixes at least eight critical security holes. If you have an affirmative use for Java, please update to the latest version; if you’re not sure why you have Java installed, it’s high time to remove the program once and for all.
Ne’er-do-wells have long abused a feature in Skype to glean the Internet address of other users. Indeed, many shady online services that can be hired to launch attacks aimed at knocking users offline bundle so-called “Skype resolvers” that let customers find a target’s last known location online. At long last, Microsoft says its latest version of Skype will hide user Internet addresses by default.
A Ukrainian man who tried to frame me for heroin possession has pleaded guilty to multiple cybercrime charges in U.S. federal court, including credit card theft and hacking into more than 13,000 computers.
A story in a national news source earlier this month about freezing your child’s credit file to preempt ID thieves prompted many readers to erroneously conclude that all states allow this as of 2016. The truth is that some states let parents create a file for their child and then freeze it, while many states have no laws on the matter. Here’s a short primer on the current situation, with the availability of credit freezes (a.k.a “security freeze”) for minors by state and by credit bureau.
A Texas manufacturing firm is suing its cyber insurance provider for refusing to cover a $480,000 loss following an email scam that impersonated the firm’s chief executive.
If you stayed, ate or played at a Hyatt hotel between Aug. 13 and Dec. 8, 2015, there’s a good chance your credit or debit card data was stolen by unknown cyber thieves who infiltrated many of the hotel chain’s payment systems. Its its first disclosure about the scope of a breach acknowledged last month, Hyatt Hotels Corp. says the intrusion likely affected guests at 250 hotels in roughly 50 countries.
Ransomware — malicious software that encrypts the victim’s files and holds them hostage unless and until the victim pays a ransom in Bitcoin — has emerged as a potent and increasingly common threat online. But many Internet users are unaware that ransomware also can just as easily seize control over files stored on cloud services.
