Following the recent security breach at US retailer Target, FireEye has released a
looking at stolen credit card data being sold on underground Russian-language forums.
As the cybersecurity company notes, the Target attack has been traced to an individual believed to be operating from the Ukraine.
The cybercrime networks flourishing in Eastern Europe are using an affiliate model known as ‘partnerkas’, which rely on a series of dubious relationships that allow them to profit from a variety of activities including spam, rogue pharmacies, fake antivirus, clickfraud, and ransomware.
Patnerkas rely on payment processing capabilities, bulletproof hosting, and underground marketplaces to carry out their operations and are reviewed in detail by FireEye researcher Nart Villeneuve in the blog.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.