They didn't use guns, masks or even threatening notes passed to bank tellers. But an alleged international gang of cyberthieves managed to steal $45 million from thousands of ATMs in carefully coordinated attacks conducted in a matter of hours, federal authorities charged Thursday. A four-count indictment unsealed in Brooklyn charged that eight members of the alleged gang's New York City crew alone stole approximately $2.4 million from nearly 3,000 ATMs across the metropolitan area in secret...

As a result of the 2013 Special 301 Review, the U.S. Trade Representative (USTR) designates Ukraine as a priority foreign country (PFC). This designation is the culmination of several years of growing concern over widespread IP theft, including the growing entrenchment of IPR infringement that is facilitated by government actors. During intensive bilateral engagement, Ukraine has made a series of commitments to make specific improvements in the areas of government use of pirated software,...

Last week's Associated Press Twitter scandal is the latest in a string of increasingly high-profile social media hijacking cases that has highlighted the vulnerability of all corporate social media accounts.  Devin Redmond, CEO and co-founder at Nexgate, formerly known as Social iQ Networks, told CNNMoney his technology would have thwarted the latest AP tweet before it was sent out, and would have done so immediately without human oversight. Nexgate's clients include global banks,...

Mall media operator Eye has announced a partnership with NFC specialist Zappit to power the next generation of its Amplify mobile advertising platform . The Amplify solution will be deployed across the company's network of 3,100 digital advertising displays, located in 250 upmarket US shopping malls. The new platform will enable shoppers to interact with advertisements via NFC, QR codes and SMS. "Our digital and backlit advertising solutions are optimized to catch the shoppers attention and...

Losses of Ukrainian bank clients - legal entities in 2012 and Q1 2013 in the result of actions of cyberfraudsters that used remote banking systems  reached over UAH 150 million. According to UNIAN correspondent, that figure was named by the deputy head of the cybercrime fighting department of the Ministry of Internal Affairs of Ukraine Leonid Timchenko within framework of the round table "Current issues of financial monitoring in the banking system of Ukraine", that was initiated by the...

A security consultant by the name of Hugo Teso claims he has created an Android app called PlaneSploit that would allow him to remotely attack and hijack commercial aircraft. He recently presented his findings at the Hack in the Box security conference in Amsterdam where, among other things, he exposed the fact that a number of aviation and aircraft systems have no security in place. Teso, a trained commercial pilot for 12 years, reiterated that the Automated Dependent Surveillance-Broadcast (ADS-B)...

Bridge Community Bank of the US is introducing a biometrics-based system for verifying customers inside branches. Current and new account holders can sign up for a digital icon in branches, which incorporate customer fingerprint and facial biometic data to generate a financial security number which is linked to the customer's account. To identify themselves in a branch and carry out transactions, customers then provide their name and fingerprint....

  On the 8th of April of 2013 Ukrainian Processing Center (UPC) received the certificate of compliance to PCI DSS from German audit company SRC (Security Research & Consulting GmbH). The certificate was given after the audit that took place in March of 2013. Let us remind that this year the company completed the migration of to the new clearing system which was acknowledged as compliant to strict requirements of international payment systems. "Every year we go through PCI DSS audit...