The notorious Dridex returned to the scene following a joint operation between law enforcement and security experts that attempted to disrupt the sophisticated banking malware.
Meanwhile, the Office for National Statistics unveiled research showing that cybercrime is thriving in the UK. In other news, security updates were rolled out for Microsoft and Adobe to fix a wide range of flaws.
Read on for the top security stories of the week from V3:
Good Technology CEO touts 'shared DNA' with BlackBerry
Good Technology and BlackBerry have teamed up to mix security with enterprise mobility, and high-level executives remain optimistic about the future of the company, despite a state of limbo enforced by regulatory concerns.
Crime is moving online as cyber and fraud incidents soar
The Office for National Statistics revealed that more than seven million frauds and cyber crimes are being committed every year in the UK.
Dridex banking malware: security experts urge public to be wary of cyber threat
The global operation to combat sophisticated banking malware brought law enforcement and security experts closer together to fight the one adversary they have in common: the cyber criminal.
Patch Tuesday: Microsoft releases six security bulletins for IE, Edge and Office
Microsoft released six security bulletins in this month's Patch Tuesday, fixing three critical vulnerabilities in Internet Explorer, JScript and Windows Shell.
Adobe releases 69 security updates for Flash Player, Acrobat and Reader
Adobe released 69 security updates to address multiple vulnerabilities in Flash Player, Reader and Acrobat.
Joint NCA/FBI operation disables malware used to steal £20m from UK banks
The National Crime Agency urged internet users to enhance their security following the discovery of a sophisticated strain of the Dridex malware responsible for siphoning off millions of pounds from UK banks.
FireEye and Visa team up to launch threat intelligence portal
Security firm FireEye teamed up with payment service Visa to launch a threat intelligence portal to help companies combat increasing financial cybercrime.
Google issues bug bounty payment after domain purchase gaffe
Google issued a bug bounty payment after an email gaffe led to the Google.com domain being put up for sale on a URL marketplace and quickly snapped up by a US student.
Met Police ends 24/7 surveillance of WikiLeaks founder Julian Assange
The Metropolitan Police officially ended its constant surveillance operations at the Ecuadorian Embassy where WikiLeaks founder Julian Assange has been living for three years.
Chinese government arrests five hackers at request of US
The Chinese government arrested a number of hackers at the request of the US government in a bid to halt rising cybercrime tension between the two nations.
iPhone 8 specs, release date, price, features, basically everything! But will it have a curved display?
But there are three times as many CDOs as there were in 2014
Companies never used to hold big launch events to announce minor upgrades, did they?
Only 35 per cent of IT decision makers regularly review their data formats