August 2024

Russian man who sold logins to nearly 3,000 accounts gets 40 months in jail

He’ll also have to pay back $1.2 million from fraudulent transactions he facilitated A Russian national is taking a trip to prison in the US after being found guilty of peddling stolen credentials on a popular dark web marketplace.…

Mad Liberator extortion crew emerges on the cyber-crook scene

Anydesk is its access tool of choice A new extortion gang called Mad Liberator uses social engineering and the remote-access tool Anydesk to steal organizations' data and then demand a ransom payment, according to Sophos X-Ops.…

Over 40 million Kakao Pay users’ data somehow ended up with Alipay

Payment arm of Korean messaging app denies any illegal activity Kakao Pay, a subsidiary of Korea's WhatsApp analog Kakao, handed over data from more than 40 million users to the Singaporean arm of Chinese payment platform Alipay, without user consent, Korea's financial watchdog revealed Tuesday.…

China-linked cyber-spies infect Russian govt, IT sector

No, no, go ahead, don't let us stop you, Xi Cyber-spies suspected of connections with China have infected "dozens" of computers belonging to Russian government agencies and IT providers with backdoors and trojans since late July, according to Kaspersky.…

Enzo Biochem ordered to cough up $4.5 million over lousy security that led to ransomware disaster

Three state attorneys general probed the company and found plenty to chastise Biotech biz Enzo Biochem is being forced to pay three state attorneys general a $4.5 million penalty following a 2023 ransomware attack that compromised the data of more than 2.4 million people.…

Palo Alto Networks execs apologize for ‘hostesses’ dressed as lamps at Black Hat booth

Biz admits turning human women into faceless, sexualized furniture was a 'tone deaf' marketing ploy If you attended the Black Hat conference in Vegas last week and found yourself over in Palo Alto Networks' corner of the event, you may have encountered a marketing gimmick that has since…

Is Lenovo a blind spot in US anti-China security measures?

Questions raised as one of the world's largest PC makers joins America's critical defense team Opinion  Lenovo's participation in a cybersecurity initiative has reopened old questions over the company's China origins, especially in light of the growing mistrust between Washington and Beijing over technology.…

Indian telcos to cut off scammy, spammy, telemarketers for two whole years

There's a blockchain involved so it's totally going to stop you getting those calls India’s Telecom Regulatory Authority (TRAI) on Tuesday directed telcos to stop calls from unregistered telemarketers – and prevent them from using networks again for up to two years – as part of an effort…

NIST finalizes trio of post-quantum encryption standards

Nicely ahead of that always-a-decade-away moment when all our info becomes an open book The National Institute of Standards and Technology (NIST) today released the long-awaited post-quantum encryption standards, designed to protect electronic information long into the future – when quantum computers are expected to break existing cryptographic…

US accuses man of being ‘elite’ ransomware pioneer they’ve hunted for years

Authorities allege 'J.P. Morgan' practiced ‘extreme operational and online security’ The US has charged a suspect they claim is a Belarusian-Ukrainian cybercriminal whose offenses date back to 2011.…

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