Creator of malware used to drain bank accounts gets 9 years

The Russian creator of a computer program that enabled cybercriminals to infect millions of computers and drain bank accounts in multiple countries was sentenced Wednesday to serve 9 ½ years in federal prison.

Apple digital wallet heads to China

Apple announced a major partnership with China UnionPay to put is digital wallet to work in the world's most populous country.

Here's why Americans are getting new credit and debit cards

The battle against credit card fraud is inching forward. As of Thursday, the liability for fraud committed using traditional MasterCard and Visa magnetic-stripe credit and debit cards will shift from banks to stores. The ...

US seeks extradition of British man charged with hacking

A British man accused of hacking into U.S. government computer networks and stealing sensitive and confidential information was arrested in England, and U.S. prosecutors said they will attempt to have him transferred to New ...

Secure PIN transactions with photons

Criminals are very inventive when it comes to hacking payment terminals, bank cards, IDs or credit cards. Unfortunately for these malefactors, however, researchers at the University of Twente from research Institute MESA+ ...

Russia detains hackers accused of using Nazi imagery in hits

Russian officials say they have detained five hackers responsible for the theft of roughly $1 million from banks in Russia and Ukraine, breaking up a group dubbed "cyberfascists" for its predilection for Nazi imagery.

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