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Card Skimmers have been around for years, but the video posted below is a perfect example of the evolution of the technology used by thieves. The video released by Miami Beach Police involved two men who work as a team to install a credit card Skimmer on top of a card terminal at a local gas station in LESS THAN 3 SECONDS . Yes, in just less than 3 seconds hackers can turn a regular credit and debit card reader into a Skimmer – a device designed to secretly steal a victim's credit or debit card information. The two men were caught on video by a security camera, but it all happened so fast that one might have to rewatch the video to actually catch the crime. Miami Beach Police have published the video of the cyber crook and his partner, who was tasked with distracting the station's clerk, in the hopes that someone recognizes the criminals and helps track them down. Video Demonstration: Here's What Happened: The incident took place on We...

The recent cyber attack on Bangladesh's central bank that let hackers stole over $80 Million from the institutes' Federal Reserve bank account was reportedly caused due to the Malware installed on the Bank's computer systems. Few days ago, reports emerged of a group of unknown hackers that broke into Bangladesh's central bank, obtained credentials needed for payment transfers from Federal Reserve Bank of New York and then transferred large sums to fraudulent accounts based in the Philippines and Sri Lanka. The criminal group was able to steal a total value of about $81 Million from the Federal Reserve's Bangladesh account through a series of fraudulent transactions, but a typo in some transaction prevented a further $850 Million Heist . However, the question was still there: How the Hackers managed to transfer $80 Million without leaving any Trace? Security researchers from FireEye's Mandiant forensics are helping the Dhaka investigat...

The legal battle between Apple and the Federal Bureau of Investigation (FBI) is turning ugly with each passing day. Apple is fighting with the federal authorities over iPhone encryption case . The Federal Bureau of Investigation (FBI) requires Apple's assistance to unlock an iPhone 5C belonging to San Bernardino shooter Syed Rizwan Farook. Apple CEO Tim Cook has said explicitly that providing a backdoor would likely open up the company's iPhones to not just the federal agents, but also to malicious hackers who could use it for evil purposes. Now the Apple's decision not to comply with the court order has provoked a Florida sheriff, who has threatened to arrest Tim Cook if he gets the chance. Sheriff Vows: I'll Lock the Rascal up. During a Wednesday press conference, when Polk County Sheriff Grady Judd was asked about Cook's refusal to help create a custom operating system that would assist the FBI to circumvent security measures on terrorist iPhone ...

Staminus Communications – a California-based hosting and DDoS (Distributed Denial of Service) protection company – is recovering a massive data breach after hackers broke down into its servers and leaked personal and sensitive details of its customers. Though the company acknowledged that there was a problem in a message posted to Twitter on Thursday morning, it did not specify a data breach. Staminus's website went offline at 8 am Eastern Time on Thursday, and on Friday afternoon, a representative said in a Twitter post that "a rare event cascaded across multiple routers in a system-wide event, making our backbone unavailable." What type of information? The dump of information on Staminus' systems includes: Customer usernames Hashed passwords E-mail addresses Customer real names Customer credit card data in plain text Customer support tickets Server logs data Chat logs Source code of some of the company's services including Intreppi...

The Department of Justice (DoJ) has warned Apple that it may force the tech giant for handing over the source code to the complete operating system if it does not help the Federal Bureau of Investigation (FBI) unlock the San Bernardino shooter's iPhone . Apple is battling with the FBI over iPhone encryption case. The federal investigators needs Apple's assistance to unlock an iPhone 5C belonging to San Bernardino shooter Syed Rizwan Farook. However, Apple CEO Tim Cook has said explicitly that providing a backdoor would likely open up the company's iPhones to not just the federal agents, but also to malicious hackers who could use it for evil purposes. On Thursday, Apple and the FBI head to another court hearing on the San Bernardino iPhone case. The DOJ's latest 43-page brief filing contains an implicit threat that if Apple does not create the vulnerable version of its iOS operating system needed to bypass the passcode protection on the terroris...