CHARLOTTE, N.C. – A dual citizen of Nigeria and the United Kingdom was sentenced today to seven years in prison for his role in a multimillion-dollar business email compromise (BEC) scheme, announced Dena J. King, U.S. Attorney for the Western District of North Carolina, and Alamdar S. Hamdani, U.S. Attorney for the Southern District of Texas….
Category: Business Sector
Indiana Man Pleads Guilty to Conspiracies Involving Cyber Intrusion and $37 Million Cryptocurrency Theft
SIOUX FALLS – United States Attorney Alison J. Ramsdell announced that Evan Frederick Light, age 21, of Lebanon, Indiana, appeared before U.S. Magistrate Judge Veronica Duffy on September 30, 2024, and pleaded guilty to an Indictment that charged him with Conspiracy to Commit Wire Fraud and Conspiracy to Launder Monetary Instruments. The maximum penalty for each…
Former Epsilon Senior Executive and Sales Manager Both Sentenced for Selling Data on Millions of U.S. Consumers to Fraudsters
Here is yet another case that reminds us of the insider threat. In this case, the defendants misused Epsilon’s algorithms to predict and sell lists of consumers most likely to respond to fraudster’s schemes’ mailings. Epsilon settled its criminal liability via a deferred prosecution agreement to pay $150 million in penalties and victim compensation and…
FCC Reaches Multi-Million Dollar Settlement Of Investigations Into T-Mobile Data Breaches With Significant Improvements To Company’s Cybersecurity
WASHINGTON, September 30, 2024—The Federal Communications Commission today announced a groundbreaking data protection and cybersecurity settlement with T-Mobile to resolve the Enforcement Bureau’s investigations into significant data breaches that impacted millions of U.S. consumers. To settle the investigations, T-Mobile has agreed to important forward-looking commitments to address foundational security flaws, work to improve cyber hygiene,…
French news agency AFP hit by cyberattack
DPA reports: French news agency Agence France-Presse (AFP) has been hit by a cyberattack, the agency said in a statement on Saturday. The attack on AFP’s IT system, which partly affected transmission technology to customers, was discovered on Friday. It is unclear who was behind the attack. AFP’s technical department, assisted by the National Cybersecurity…
Meta fined $101.5M for 2019 breach that exposed hundreds of millions of Facebook passwords
Natasha Lomas reports: Reset your clocks: Meta has been hit with yet another privacy penalty in Europe. On Friday, Ireland’s Data Protection Commission (DPC) announced a reprimand and a €91 million fine — around $101.5M USD at current exchange rates — after concluding a multi-year investigation into a 2019 security breach by Facebook’s parent company. […]…