Two Romanian suspects have been arrested yesterday for allegedly running the CyberSeal and Dataprotector crypting services to evade antivirus software detection. These services have been purchased by more than 1560 criminals and used for crypting several different type of malware, including Remote Access Trojans, information stealers and ransomware. The pair also operated the Cyberscan service…
Ca: The former Coop fédérée is the target of cyber hackers
Victoria Smith reports: Quebec’s largest agricultural company, Sollio Groupe coopératif, suffered a ransomware attack on November 7. The cyber hackers are threatening to publish the mass of data they have stolen in [now less than two days]. Sollio, formerly La Coop fédérée, thus becomes the largest business victim of a cyberattack in Quebec in 2020….
New Report Finds That Criminals Leverage AI for Malicious Use – And It’s Not Just Deep Fakes
A press release from Europol: Europol, UNICRI and Trend Micro uncover current and future threats of AI and how to combat them A jointly developed new report by Europol, the United Nations Interregional Crime and Justice Research Institute (UNICRI) and Trend Micro looking into current and predicted criminal uses of artificial intelligence (AI) was released…
Under the radar: more attacks on healthcare entities
The attacks on the medical sector continue, although not all get a lot of media coverage. This week, DataBreaches.net noted the Alamance Skin Center ransomware breach which had left the medical entity with unrecoverable data on 100,000 patients. I get a knot in my stomach just thinking about breaches like that one. Today, DataBreaches.net notes…
Accused Ringleader of FIN7 Hacking Group Pleads Guilty
Prajeet Nair reports: An accused ringleader of the notorious FIN7 hacking group, which prosecutors say stole 15 million payment cards over several years, has pleaded guilty to multiple federal charges, according to court documents filed in the case this week. Andrii Kolpakov, who is a Ukrainian national, pleaded guilty to charges of conspiracy to commit wire fraud…
Ongoing Data Breach Dispute Underscores Emerging Legal Issues in Data Privacy Litigation
Aaron C. Garavaglia of Squire Patton Boggs writes: From consumers and merchants to financial institutions and investors, fraud is a global problem that damages healthy economic growth. Two sobering statistics illustrate that as the world has become more connected, fraud has only proliferated. In 2001, the FTC received 137,306 reports of fraud. In 2019, that number increased…