Alexander Vinnik, a Russian national who founded the now-defunct BTC-e cryptocurrency exchange, has been found guilty of money laundering in France and has been sentenced to five years in prison, according to media reports. He faces additional charges in the U.S. and Russia.
Another federal judge is blocking the Trump administration's attempt to ban the Chinese-made social media app TikTok from being used in the U.S. The White House claims that the data the app collects on American users poses a national security threat.
President Donald Trump on Friday signed into law the Internet of Things Cybersecurity Improvement Act of 2020, the first U.S. federal law addressing IoT security. The act requires federal agencies to only procure devices that meet minimum cybersecurity standards.
Knowing your customer has become of more a challenge in a world where in-person interaction has become scarce. Andrew Bud of iProov discusses how identity proofing is evolving to meet the challenge.
Are insurers getting cold feet over covering losses to ransomware? With claims due to ransomware skyrocketing, some insurers have reportedly been revising offerings to make it tougher for companies to claim for some types of cybercrime, including extortion.
Hackers with possible links to Iran appear to have breached an unprotected human-machine interface system at an Israeli water reservoir that connected directly to the internet. The system appeared to lack security protocols, according to researchers with Otorio.
The U.S. National Security Agency is warning that Russian state-sponsored threat actors are attempting to exploit a known vulnerability in several VMware products, according to an alert. Federal agencies are urged to apply fixes as soon as possible.
As the time for distribution of COVID-19 vaccines comes closer, law enforcement agencies across the world are warning of organized crime threats, including schemes to sell counterfeit vaccines on the dark web, as well as physical and virtual attacks targeting supply chain companies.
Italian authorities arrested two employees of the Italian defense contractor Leonardo S.p.A. for installing a backdoor Trojan into the company's systems and exfiltrating 10GB of data over a two-year period, according to local law enforcement officials.
Ransomware innovation seems to know no bounds, as crime gangs seek new ways to make crypto-locking malware ever more profitable. Beyond data-leak sites and affiliate programs, gangs have also been using call centers to cold-call victims, tell them they've been hit by ransomware and request payment.
E-commerce has skyrocketed in 2020, but so have transaction disputes. Ryan Battles of EY explains the cause, the impact, as well as how merchants can reduce incidents of this so-called "friendly" fraud.
Dutch HR firm Randstad and the public transportation agency of Vancouver, Canada, are continuing to recover from ransomware attacks. Both incidents appear to have involved Egregor ransomware, with Randstad reporting that data was exfiltrated and is now being leaked by attackers to try and force payment.
A source code flaw in the Google Play store platform could enable attackers to perform remote code execution for credential theft on several prominent apps, a new report by security firm Check Point Research finds.
The hacker-for-hire group DeathStalker, known for conducting espionage campaigns against small and medium-sized businesses, has started using a new malware strain called PowerPepper, according to a report from the security firm Kaspersky.
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