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Spanish Police has arrested the alleged leader of an organised Russian cybercrime gang behind the Carbanak and Cobalt malware attacks, which stole over a billion euros from banks worldwide since 2013. In a coordinated operation with law enforcement agencies across the globe, including the FBI and Europol, Police detained the suspected leader of Carbanak hacking group in Alicante, Spain. Carbanak hacking group started its activities almost five years ago by launching a series of malware attack campaigns such as Anunak and Carbanak to compromise banks and ATM networks, from which they swiped millions of credit card details from US-based retailers. According to the Europol, the group later developed a sophisticated heist-ready banking malware known as Cobalt, based on the Cobalt Strike penetration testing software, which was in use until 2016. "The magnitude of the losses is significant: the Cobalt malware alone allowed criminals to steal up to EUR 10 million per heist,...

Facebook knows a lot about you, your likes and dislikes—it's no surprise. But do you know, if you have installed Facebook Messenger app on your Android device, there are chances that the company had been collecting your contacts, SMS, and call history data at least until late last year. A tweet from Dylan McKay, a New Zealand-based programmer, which received more than 38,000 retweets (at the time of writing), showed how he found his year-old data—including complete logs of incoming and outgoing calls and SMS messages—in an archive he downloaded (as a ZIP file) from Facebook. Facebook was collecting this data on its users from last few years, which was even reported earlier in media, but the story did not get much attention at that time. Since Facebook had been embroiled into controversies over its data sharing practices after the Cambridge Analytica scandal last week, tweets from McKay went viral and has now fueled the never-ending privacy debate. A Facebook spokespe...

The United States Department of Justice has announced criminal charges and sanctions against 9 Iranians involved in hacking universities, tech companies, and government organisations worldwide to steal scientific research resources and academic papers. According to the FBI officials, the individuals are connected to the Mabna Institute , an Iran-based company created in 2013 whose members were allegedly hired by the Iranian government for gathering intelligence. Though the content of the papers is not yet known, investigators believe it might have helped Iranian scientists to develop nuclear weapons. In past four years, the state-sponsored hacking group has allegedly infiltrated more than 320 universities in 22 countries—144 of which were in the United States—and stolen over 30 terabytes of academic data and intellectual property. The group used spear-phishing attacks to target more than 100,000 e-mail accounts and computer systems of the professors around the world, and suc...

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Top Story— Facebook has just lost over $60 billion in market value over the past two days—that's more than Tesla's entire market capitalisation and almost three times that of Snapchat. Facebook shares plunge over revelations that personal data of 50 million users was obtained and misused by British data analytics firm ' Cambridge Analytica ,' who reportedly helped Donald Trump win the US presidency in 2016. The privacy scandal that rocked the social media giant was revealed earlier this week when Chris Wylie , the 28-year-old data scientist who worked with a Cambridge University academic, turned into a whistleblower and leaked to the newspapers how poorly Facebook handles people's private information. Wylie claims Cambridge Analytica created " Steve Bannon's psychological warfare mindf**k tool " that profiles citizens to predict their voting patterns based on the personal information gathered from a variety of sources and then helps political ...

AMD has finally acknowledged 13 critical vulnerabilities, and exploitable backdoors in its Ryzen and EPYC processors disclosed earlier this month by Israel-based CTS Labs and promised to roll out firmware patches for millions of affected devices 'in the coming weeks.' According to CTS-Labs researchers, critical vulnerabilities ( RyzenFall, MasterKey, Fallout, and Chimera ) that affect AMD's Platform Security Processor (PSP) could allow attackers to access sensitive data, install persistent malware inside the chip, and gain full access to the compromised systems. Although exploiting AMD vulnerabilities require admin access, it could help attackers defeat important security features like Windows Credential Guard, TPMs, and virtualization that are responsible for preventing access to the sensitive data from even an admin or root account. In a press release published by AMD on Tuesday, the company downplays the threat by saying that, "any attacker gaining unauthorised ad...