How a Cyber Crime Ring Stole $100 Million From Unsuspecting Companies

The U.S. Justice Department has indicted 10 people for allegedly using malware to try to steal more than $100 million, mostly from U.S. businesses. In its court filing in a Pennsylvania federal court on Thursday, the Justice Department said the suspects, from Russia, Ukraine, Bulgaria, and other European countries, used malware called GozNym to access […]

Amazon Merchants Hit by Extensive Six-Month Fraud

Amazon.com Inc. was hit by an “extensive” fraud, revealing that unidentified hackers were able to siphon funds from merchant accounts over six months last year. Amazon believes it was the victim of a “serious” online attack by hackers who broke into about 100 seller accounts and funneled cash from loans or sales into their own […]

Applicant Data Hacked and Ransomed at 3 U.S. Colleges

Three colleges across the U.S. have been hacked. And now, the hackers are seeking a big payday before they hand over information. Oberlin College in Ohio, Iowa-based Grinnell College, and New York’s Hamilton College were targeted recently by hackers that stole data on students applying for admission to their schools, according to The Wall Street […]