Some food for thought from a report by SpyCloud: MASSIVE SCALE OF IDENTITY EXPOSURES CREATES NEW RISKS The scale of identity exposure due to infostealers is massive: 61% of breaches last year were malware-related and responsible for 343.78 million stolen credentials. Our recaptured data also shows that as many as 1 in 5 people are…
Author: Dissent
Indictment Charges Two in $230 Million Cryptocurrency Scam
lamserrano_indictment_24cr417.pdf WASHINGTON – An indictment was unsealed today charging Malone Lam, 20, of Miami, FL and Los Angeles, CA, and Jeandiel Serrano, 21, of Los Angeles, CA, with conspiracy to steal and launder over $230 million in cryptocurrency from a victim in Washington, D.C. Lam, a citizen of Singapore…
Failure to Safeguard, Two Cyber Intrusions, and an $850,000 SEC Settlement
Melissa Pascualini of JacksonLewis writes: … In a recent settlement agreement with the SEC, a New York-based registered transfer agent, Equiniti Trust Company LLC, formerly known as American Stock Transfer & Trust Company LLC, agreed to pay $850K to settle charges that it failed to assure client securities and funds were protected against theft or…
Joint ODNI, FBI, and CISA Statement
September 18, 2024 – Today, the Office of the Director of National Intelligence (ODNI), the Federal Bureau of Investigation (FBI), and the Cybersecurity and Infrastructure Security Agency (CISA) released the following statement: Since the 19 August 2024 joint ODNI, FBI, and CISA public statement on Iranian Election Influence Efforts, the FBI has learned additional details about Iran’s…
Sea-Tac refuses to pay 100-bitcoin ransom after August cyberattack
Elise Takahama reports: The hackers behind last month’s cyberattack on Seattle-Tacoma International Airport are demanding a 100-bitcoin ransom — about $6 million — for stolen data, though just how much information was accessed, and what kind, is still unclear. During a Wednesday morning hearing with the U.S. Senate’s Commerce, Science and Transportation Committee, the airport’s aviation managing director, Lance…
FBI boss says China ‘burned down’ 260,000-device botnet when confronted by Feds
Iain Thomson reports: China-backed spies are said to have tore down their own 260,000-device botnet after the FBI and its international pals went after them. The botnet was controlled by the somewhat misnamed Integrity Technology Group, a Chinese business whose chairman has admitted that for years his company has “collected intelligence and performed reconnaissance for…