A massive international hacking and telecommunications fraud scheme served as a backdrop for an FBI investigation that led to the capture of a Pakistani citizen who played a major role in scamming U.S. companies out of millions of dollars in fees. From November 2008 to December 2012, Muhammad Sohail Qasmani laundered more than $19.6 million…
Category: Of Note
Two charged with running hacking service used in ‘major computer intrusions’ of U.S. businesses
Rachel Weiner reports: Two men from Latvia ran a malware service that has been in operation for more than a decade and used in major attacks against U.S. businesses, according to an indictment unsealed Wednesday in federal court in Alexandria, Va. The men, along with an alleged co-conspirator in Virginia, designed a buffet of hacking…
New FTC Policy Would Shield Lawyers, Staff From Personal Liability
C. Ryan Barber reports: The Federal Trade Commission on Wednesday adopted an indemnity policy that will shield lawyers and other staff from any personal liability for enforcement actions that draw a lawsuit and expose them to a monetary judgment. The policy, adopted without public comment, will allow the agency to cover the cost of any…
Hackers Connected to NotPetya Ransomware Surface Online, Empty Bitcoin Wallet
Lorenzo Franceschi-Bicchierai reports: Hackers connected to the disruptive world-wide ransomware attack that crippled Ukraine and hit computers all over the world have surfaced online. Bitcoin sent to the hackers by victims has been moved from an online wallet, and someone seemingly connected to the group is now asking for more money. On June 28, unknown…
KR: Fourth largest Bitcoin exchange, Bithumb, hacked for billions of Won
Luke Parker reports: The largest bitcoin and ether exchange in South Korea by volume, Bithumb, was recently hacked. Monetary losses from compromised accounts have started to surface, and are quickly reaching into the billions of won. […] Hackers succeeded in grabbing the personal information of 31,800 Bithumb website users, including their names, mobile phone numbers…
Ohio police, fire dispatch center hacked (UPDATED)
UPDATE of July 6: Wooster’s Law Director clarified for me that the data that were compromised came from police incident reports, which includes names and social security numbers and/or driver’s license numbers. The dispatch system is not a HIPAA-covered entity. According to Ms Applebaum, this incident was not related to WannaCry and the city has “measures in…