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Neiman Marcus also Targeted by Holiday Season Hackers

Upscale retailer Neiman Marcus is the latest major corporation to announce that it was the victim of a cyber attack during the holiday shopping season. The Dallas, Texas-based company, which operates nearly 80 department stores and clearance centers nationwide, said it learned in mid-December 2013 of the possible theft of customers’ debit and credit card data. ...

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Identity Theft Cost Victims $24.7 Billion, Report Finds

Identity theft continues to cost Americans a lot of time, money and emotional stability, according to a new federal report. Roughly 16.6 million people experienced at least one incident of identity theft in 2012. That equates to 7% of the U.S. population age 16 years or older. The losses attached to those thefts totaled nearly $25 billion, outdistancing the combined losses associated with all other property ...

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Cyber Scam Nets Ukrainian Mastermind 18 Years Behind Bars

A Ukrainian national dubbed one of “the world’s most prolific cybercriminals” has been sentenced to 18 years in federal prison in connection with a scheme to steal financial information through the Internet. Roman Vega, who co-founded the website CarderPlanet, previously pleaded guilty to conspiracy to commit access device fraud and money laundering, according to a December 2013 news release by the U.S. Dep ...

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FBI Hunting Cyber Crime ‘Most Wanted’ Fugitives

The Federal Bureau of Investigation has added five fugitives to its Cyber Most Wanted list, including one man who authorities say was involved in a scheme that infected millions of computers worldwide with malware. Investigators said Andrey Nabilevich Taame, 33, was one of seven people involved in the creation and use of DNS Changer, a piece of malware that redirected unsuspecting Internet surfers to rogue ...

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