Accused cryptocurrency money launderer Alexander Vinnik made his first appearance in U.S. federal court today. The Russian national faces 55 years imprisonment for his alleged involvement in laundering hacking proceeds through Bitcoin on the BTC-e cryptocurrency exchange.
The U.K.'s National Health Service is experiencing IT outages resulting from a cyberattack on a third-party vendor. Birmingham-based technology provider Advanced's Adastra system supplies digital services for urgent healthcare services number 111.
An unnamed Eastern Europe company became a victim of that continent's largest-ever distributed denial-of-service attack, says Akamai. The report comes in a season with a record-breaking volume of DDoS attacks, fueled greatly by geopolitical events led by Russia's invasion of Ukraine.
Ivan Milenkovic became the group information security director of Webhelp in January 2020. Six weeks later, the pandemic changed everything. Today, Webhelp is twice the size it was in 2020, and Milenkovic discusses the cybersecurity challenges his team has overcome to support that growth.
The hackers who stole $190 million from cross-chain bridge Nomad stand to keep up to 10% of the loot and escape civil liability and criminal prosecution. The only caveat: They must return the rest of the money. Then, the firm says, it will label them as white hats and won't pursue legal action.
In the latest weekly update, four editors at Information Security Media Group discuss key takeaways from ISMG's recent Government Summit, how hackers siphoned nearly $200 million from cryptocurrency bridge Nomad and how midsized businesses are the new frontier for ransomware.
Is a practicing cardiologist living in Venezuela also a ransomware mastermind? U.S. prosecutors claim Moises Luis Zagala Gonzalez is a cybercriminal polymath. But Zagala's wife says he is innocent and there's a reason for his predicament. "The Ransomware Files" podcast looks at the evidence.
The impending recession should accelerate cloud adoption as firms look to reduce infrastructure costs, but these moves will introduce a new set of security challenges. Arctic Wolf Chief Product Officer Dan Schiappa predicts many companies will start building security into their applications sooner.
Increased collaboration between the public and private sectors hasn't slowed the increased frequency and ease of ransomware intrusions, but efforts to change the financial incentives of ransomware are having "a pretty good effect," says Marc Rogers, vice president of cybersecurity strategy at Okta.
The government of India withdrew a long-anticipated personal data protection bill from Parliament. The government of Prime Minister Narendra Modi vowed to instead introduce a comprehensive framework of global standard laws including digital privacy laws
An Indiana-based neurology practice is notifying nearly 363,000 individuals that their sensitive information was compromised in a recent ransomware attack - and that some of the data was made available on the dark web. Russian ransomware group Hive has been implicated.
A cyberattack that temporarily paralyzed Albania's pivot to digital government likely came from Iranian hackers. The attack occurred just days before members of the Mujahedin-e-Khalq, a group dedicated to overthrow of the Islamic Republic of Iran, were set to host a two-day conference.
Solana identified a common thread in the million-dollar cyberattack on its hot wallets. The exploit might come down to wallet recovery passcodes stored in plaintext on a centralized server. There is "no evidence" that the Solana protocol or its cryptography were compromised.
As ransomware attacks continue to pummel organizations, Rapid7 Chief Scientist Raj Samani says victims must identify how the attacker broke in and if they've given themselves persistent ways to regain access. Otherwise, he says, "They'll hit you again and again."
Researchers from cybersecurity firm Mandiant say they've discovered a network of inauthentic news sites transmitting Chinese propaganda apparently all under the control of Shanghai Haixun Technology Co., a Chinese PR firm that advertises "positive energy packages."
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