The Federal Bureau of Investigation acknowledged that it and the US Secret Service were "working to determine the scope of recently reported cyber attacks against several American financial institutions."
A federal jury in Nebraska convicted the former acting director of cybersecurity at the United States Department of Health and Human Services (HHS) for his involvement in a child pornography enterprise.
The United States Secret Service estimated more than 1,000 businesses have been infected by the "Backoff" point-of-sale malware, and many of them are unaware they have been compromised, according to a Department of Homeland Security advisory.
Because transactions using virtual currencies happen anonymously, they confuse issues of jurisdiction and can become difficult to enforce. When authorities do take action, cybercrime simply re-images itself with a new currency and a new platform.
As the “Snowden leaks” continue in their revelations and unraveling of the twisted web of government surveillance, it is becoming clear that the foundation of trust in the Internet as a shared commons has been thoroughly undermined.
The power of metadata does not come in that data itself but in the ability of that data to be processed and correlated in an automated fashion. What many believe is meaningless data can reveal more than one would think.
Over the past year the buzz around tracking threat actors has been growing and in my opinion hitting the height of the hype cycle. Relying on behavior profiles alone is a great way to get an unwelcomed outcome.
When it comes to cybercrime, the police really can’t and aren’t going to protect residents of your town. The same goes for all towns and cities. Unless you’re talking a high six-figure theft, it's unlikely an officer will be assigned to your case.