Organized Cybercrime Gangs news and trends

FDIC’s Gruenberg : Cyber-Threat Defenses Require A ‘Shift In Thinking’
Hmmm // September 24, 2014

New technologies often bring with them new vulnerabilities, and in this period of rapid innovation, banks’ need to manage the associated operational risks is the most urgent, a top U.S. banking official advised this week. Speaking before the American Banker Regulatory Symposium in Arlington, Va.,...

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105 Nabbed In Malaysia Credit Card Fraud Ring

July 11, 2016
Late last week, The Register reported that 105 suspects of credit card fraud were arrested in Asia and Europe after a cybercrime ring was busted by authorities. The investigation spanned two continents and targeted the fraud gang, which was led out of Malaysia and eventually reached 14 countries in Europe. The suspects are accused of using […]