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Three members of one of the world's largest cybercrime organizations that stole over a billion euros from banks across the world over the last five years have been indicted and charged with 26 felony counts, the Justice Department announced on Wednesday. The three suspects are believed to be members of the organized Russian cybercrime group known as FIN7 , the hackers group behind Carbanak and Cobalt malware and were arrested last year in Europe between January and June. The suspects—Dmytro Fedorov, 44, Fedir Hladyr, 33, and Andrii Kopakov, 30—are all from Ukraine and accused of targeting 120 companies based in the United States, as well as U.S. individuals. The victims include Chipotle Mexican Grill, Jason's Deli, Red Robin Gourmet Burgers, Sonic Drive-in, Taco John's, Chili's, Arby's, and Emerald Queen Hotel and Casino in Washington state. Carbanak (FIN7) Group Charged for Stealing 15 Million Credit Cards According to the press release published

Imagine you have lost your credit card and applied for a fresh credit card from your bank. What if some criminal is using your new credit card before you have even received it? Yes, it's possible at least with this $10 device. Hardware hacker Samy Kamkar has built a $10 device that can predict and store hundreds of American Express credit card numbers, allowing anyone to use them for wireless payment transactions, even at non-wireless terminals. The device, dubbed MagSpoof , guesses the next credit card numbers and new expiration dates based on a cancelled credit card's number and when the replacement card was requested respectively. This process does not require the three or four-digit CVV numbers that are printed on the back side of the credit cards. Also Read:  How Hackers Can Hack Your Chip-and-PIN Credit Cards The tiny gadget would be a dream of any card fraudster who can pilfer cash from the stolen credit cards even after they have been blocked

Follow this real-life network attack simulation, covering 6 steps from Initial Access to Data Exfiltration. See how attackers remain undetected with the simplest tools and why you need multiple choke points in your defense strategy. Surprisingly, most network attacks are not exceptionally sophisticated, technologically advanced, or reliant on zero-day tools that exploit edge-case vulnerabilities. Instead, they often use commonly available tools and exploit multiple vulnerability points. By simulating a real-world network attack, security teams can test their detection systems, ensure they have multiple choke points in place, and demonstrate the value of networking security to leadership. In this article, we demonstrate a real-life attack that could easily occur in many systems. The attack simulation was developed based on the MITRE ATT&CK framework, Atomic Red Team,  Cato Networks ' experience in the field, and public threat intel. In the end, we explain why a holistic secur

October 1, 2015, was the end of the deadline for U.S. citizens to switch to Chip-enabled Credit Cards for making the transactions through swipe cards safer. Now, a group of French forensics researchers have inspected a real-world case in which criminals played smart in such a way that they did a seamless chip-switching trick with a slip of plastic that it was identical to a normal credit card. The researchers from the École Normale Supérieure University and the Science and Technology Institute CEA did a combined study of the subject, publishing a research paper [ PDF ] that gives details of a unique credit card fraud analyzed by them. What's the Case? Back in 2011 and 2012, police arrested five French citizens for stealing about 600,000 Euros (~ $680,000) as a result of the card fraud scheme, in spite of the Chip-and-PIN cards protections. How did the Chip-and-Pin Card Fraud Scheme Work? On investigating the case, the researchers discovered that the n