New York officials won a court order shuttering cryptocurrency trading platform Coinseed, after it allegedly defrauded thousands of investors out of millions of dollars, according to State Attorney General Letitia James. The court also awarded a $3 million judgment against Coinseed and its CEO.
A pair of House committees this week said they want to spend additional millions on cybersecurity by injecting funds into CISA and the FTC, as part of the debate over the Biden administration's $3.5 trillion budget proposal for 2022. Part of the money would help fulfill Biden's executive order.
A proposed class action lawsuit filed this week against St. Joseph's/Candler Health System in the wake of a recent ransomware breach affecting 1.4 million individuals alleges that the Georgia-based healthcare entity was "reckless" and "negligent" in safeguarding patients' information.
Three former U.S. Intelligence Community and military personnel have agreed to pay more than $1.68 million to settle federal charges for providing hacking-related services to the United Arab Emirates, according to the U.S. Department of Justice.
Senior U.S. officials say that there have been no signs that Moscow has begun to crack down on ransomware-wielding criminals operating from inside Russia's borders. President Biden has called on Russia to act responsibly, and U.S. intelligence has been sharing information on top suspects.
A cloud access security broker, usually referred to as a CASB, offers a security gateway between your company’s IT infrastructure and that of a cloud provider. It is a critical tool organizations can use to holistically secure an organization from endpoint to cloud.
U.S. SEC Chair Gary Gensler testified before the Senate on Tuesday and again called for comprehensive cryptocurrency regulations, citing a need to reduce cybersecurity risks, other market risks, and criminal efforts to defraud investors, while simultaneously advancing the space.
Massachusetts Attorney General Maura Healey says her office is probing the data breach at T-Mobile that exposed the personal information of 54 million people, including current, former and prospective customers of the carrier. The Federal Communications Commission is also investigating the incident.
Security experts say the notorious REvil - aka Sodinokibi - ransomware-as-a-service operation, which went dark in July, appears to be back in business. The group's data leak site and payment portal are back online, and one expert says the group appears to have begun amassing new victims.
The U.S. Department of Commerce this week announced the establishment of an artificial intelligence advisory committee set to counsel President Joe Biden and other federal agencies on issues ranging from privacy concerns to data security, along with global competition and inherent biases.
While a final rule for enforcement of the 21st Century Cures Act information blocking regulations is slated to be issued this month, some regulators are still uncertain that timeline will stick, or when other related unresolved details will be disclosed.
A Ukrainian national was extradited from Poland to the U.S. this week and now faces charges of conspiracy, trafficking in unauthorized access devices and trafficking in computer passwords, according to the Justice Department.
Nine months after discover of the attack that targeted SolarWinds and clients of its network monitoring tool, the incident continues to spur investigations into what happened. The SEC is reportedly probing those businesses involved, and lawmakers want answers about the breach of DOJ emails.
"Silence is gold." So says ransomware operator Ragnar Locker, as it attempts to compel victims to pay its ransom demand without ever telling anyone - especially not police. But some ransomware-battling experts have been advocating the opposite, including mandatory reporting of all ransom payments.
A dual U.S.-Canadian national has been sentenced to more than 11 years in federal prison for conspiring to launder tens of millions of dollars in wire and bank fraud schemes, according to the U.S. DOJ. Officials say the activity included cash-out scams for North Korean cybercriminals.
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