Authorities have accused Serbia-based scammers of capitalizing on the "initial coin offering" bubble that began in 2017, bilking global cryptocurrency investors out of $70 million via Bitcoiin2Gen and other supposed coins and hiring actor Steven Seagal to endorse them.
The Biden administration is reviewing former President Donald Trump's policies addressing potential national security and cybersecurity concerns about Chinese-owned companies as it develops new plans for dealing with a wide range of issues tied to China.
Did Russia pass a tough new cryptocurrency law to help authorities recruit or compel criminal hackers to assist the government? That's the thesis of a new report, which notes that the new regulation includes a host of provisions designed to unmask cryptocurrency users' transactions - or else.
Trickbot appears to be making a comeback with a fresh campaign that is targeting insurance companies and legal firms in North America, according to an analysis by Menlo Security. Researchers had warned the malware might surface again after a coordinated takedown of the botnet's infrastructure in 2020.
In Britain, the National Crime Agency and the Financial Conduct Authority warn that the number of "clone firm" scams has significantly increased during the COVID-19 pandemic. Over a six-month period, these fraudulent schemes have led to more than 78 million pounds ($107 million) in losses for victims.
With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels. They're also calling for a review of cyber insurance payouts being used to fund ransoms.
The new Biden administration has pledged to hold Russia accountable for its recent "reckless and adversarial" actions and has ordered a full-scale intelligence review of the SolarWinds hack. The moves signal the importance of cybersecurity to President Biden's national security agenda.
Privacy watchdogs in Europe have imposed fines totaling more than $330 million since the EU's General Data Protection Regulation went into full effect in May 2018, according to law firm DLA Piper. Over the past year, regulators received 121,000 data breach notifications, up 19% from the year before.
The U.S. Justice Department has charged Ardit Ferizi, a Kosovo citizen, with fraud and identity theft, accusing him of continuing to commit cybercrimes while he was behind bars serving a 20-year prison sentence for aiding Islamic terrorist groups.
Terabytes' worth of posts, images and videos from conservative social media site Parler have been forcibly obtained by security researchers who have archived the material for investigators in the wake of the violent riot at the U.S. Capitol.
From contact tracing to data transfer to the new California Privacy Rights Act, 2021 already is shaping up to be a big year for privacy. Trevor Hughes, CEO and president of the International Association of Privacy Professionals, offers a "state of privacy" overview.
A U.K. court denied Julian Assange bail Wednesday as the U.S. Justice Department prepares to appeal a judge's ruling earlier this week rejecting its request to extradite the WikiLeaks founder to the U.S. to face criminal charges. Assange will remain in a high-security prison during the appeals process.
A SolarWinds shareholder has filed a lawsuit claiming the company included misleading statements - regarding the security of its products - in its filings with the U.S. Securities and Exchange Commission.
Lawmakers who participated in the bipartisan Cyberspace Solarium Commission applauded Congress' override of President Donald Trump's veto of the National Defense Authorization Act, pointing to its 77 cybersecurity provisions, including restoration of the position of national cyber director at the White House.
A British judge has denied a Justice Department request to extradite WikiLeaks founder Julian Assange to the U.S. to face criminal charges related to hacking government computers and then publishing classified information. U.S. prosecutors plan to appeal.