Lee A. Casey and Theodore J. Kobus III of BakerHostetler comment on the recent OFAC advisory that made a lot of headlines this past week. As I had pointed out in my preface to coverage of the advisory, it was footnoted that the advisory does not have the force of law or change any regulations…
Category: Commentaries and Analyses
Hackers Take Advantage of India’s Loose Data Privacy Laws
SiliconIndia reports: India has some of the loosest data policy laws on the planet. Hackers have seen these loose data privacy laws as the opening they need to steal data and sell it on the black market. Regulations are changing, but many experts that are seeing the importance of data protection feel that they are not moving…
Attacks Aimed at Disrupting the Trickbot Botnet
Brian Krebs reports: Over the past 10 days, someone has been launching a series of coordinated attacks designed to disrupt Trickbot, an enormous collection of more than two million malware-infected Windows PCs that are constantly being harvested for financial data and are often used as the entry point for deploying ransomware within compromised organizations. On Sept….
Magnolia Pediatrics notifies patients of a security incident after OCR tells them it’s reportable
Almost one year after Magnolia Pediatrics notified 11,000 patients about a ransomware attack on an unnamed IT vendor, they are now notifying more than 12,000 patients of another attack. This time, they wound up firing their vendor. According to a notification on their web site, on March 26, the Magnolia Pediatrics discovered a security incident….
How a Chinese malware gang defrauded Facebook users of $4 million
Catalin Cimpanu reports: At the Virus Bulletin 2020 security conference today, members of the Facebook security team have disclosed more details about one of the most sophisticated malware operations that has ever targeted Facebook users. Known internally at Facebook as SilentFade, this malware gang was active between late 2018 and February 2019, when Facebook’s security team detected their…
To hunt hackers, FBI works more closely with spy agencies
Christopher Bing reports: America’s top law enforcement agents and spies are teaming up under one roof as part of a new federal strategy to fight foreign hackers, senior FBI officials said in an interview. […] “We recognize that for too long some of our primary foreign adversaries have felt they can compromise U.S. networks, steal…