cybercrime

Identity Thieves Misfile, Hit With Whopping Tax Bill

In-brief: Hackers believed to be responsible for a wave of tax identity theft scams got a rude awakening last month: a whopping bill from the IRS. A common mistake in their fraudulent filings appears to be the cause. 

Finding Balance on the Internet of Things

In-brief: For all its promise, the Internet of Things is poised to disrupt long-held, societal notions of privacy, safety and security, argues Marc Blackmer of Cisco Systems. 

FBI Mules

FBI: Beware of Full Network Ransomware

In-brief: the FBI has issued an alert warning of ransomware attacks that attempt to encrypt an organization’s entire network. But has anything changed? 

Target Hack Web Message

Target agrees to pay $39m to Banks for Data Breach | Reuters

In-brief: Reuters reports today that Target Corp has agreed to pay $39.4 million to banks to resolve claims that said they lost money because of the retailer’s late 2013 data breach.

Experian: EMV Chips Won’t Stop Payment Breaches

In-brief: Experian, the credit monitoring firm, predicts in a new report that many merchants will continue to suffer payment-related breaches in 2016, despite the shift to EMV technology from older, magnetic stripe credit cards.