Irene Tham reports: It will soon be mandatory for organisations to inform customers of personal data breaches as soon as they are discovered – if a proposed revision to the law gets the green light. Organisations must also report the breach to the privacy commission within 72 hours. The move by the Personal Data Protection…
2 ministers leave Swedish Cabinet in wake of security breach
The Associated Press reports: In a bid to avert a government crisis, Swedish Prime Minister Stefan Lofven on Thursday reshuffled his minority Cabinet, replacing two members, after opposition parties demanded the ouster of three government ministers over one of the largest security breaches in the country’s history. Lofven says the heads of the interior and…
Greece arrests Russian suspected of running $4 billion bitcoin laundering ring; BTC-e goes unexpectedly offline
Karolina Tagaris , Jack Stubbs and Anna Irrera report: A Russian man suspected of being the anonymous mastermind behind one of the world’s oldest crypto-currency exchanges and of laundering at least $4 billion has been arrested in Greece, police and sources said on Wednesday. Police sources identified him as Alexander Vinnik, 38, who was arrested…
Ransomware victims have paid out more than $25 million, Google study finds
Russell Brandom reports: Ransomware victims have paid more than $25 million in ransoms over the last two years, according to a study presented today by researchers at Google, Chainalysis, UC San Diego, and the NYU Tandon School of Engineering. By following those payments through the blockchain and comparing them against known samples, researchers were able…
Nanocore Coder Pleads Guilty to Aiding and Abetting Hackers
Kevin Poulsen reports: A self-taught Arkansas programmer pleaded guilty Tuesday to a federal charge of aiding and abetting computer intrusion for intentionally selling a remote access tool to malicious hackers. Taylor Huddleston, 26, is the author of a program called Nanocore that’s been linked to intrusions in at least 10 countries, including an attack on…
Women’s Health Group of Pennsylvania Notifies 300,000 Patients of Ransomware Attack
Mitch Blacher and David Chang report: A data breach at one of Pennsylvania’s largest health networks has sparked safety concerns and questions regarding why it took several months for patients to be notified. The Women’s Health Care Group of Pennsylvania, which is based in Oaks, Pennsylvania but has 45 offices serving women in Montgomery, Chester…