From Latvian Public Media: The Kurzeme Regional Court has decided to overturn the acquittal of the District Court and to find guilty an official of a state institution for disclosing confidential information and a board member of a company for inciting a public official to disclose this information, Latvian Television reports on 17 September. Latvian…
Ransomware’s new frontier: Extortion attacks evolve in Asia Pacific
Joanna England reports: Akamai Technologies, the cybersecurity and cloud computing company that powers and protects business online, has found that bad actors are using a new quadruple extortion tactic in ransomware campaigns, while double extortion remains the most common approach. With ransomware accounting for more than half of the total data breaches in this region…
Scattered Spider Tied to Fresh Attacks on Financial Services
Mathew J. Schwartz reports: A member of the band of native English-speaking adolescent hackers lately calling itself Scattered Lapsus$ Hunters published Friday a semi-coherent screed proclaiming the collective would be “going dark.” Many cybersecurity experts responded with skepticism. Evidence suggests that at least some members of the loose-knit hacking collective are continuing to hit targets. Threat intelligence…
Conor Brian Fitzpatrick Re-Sentenced: Three years in prison plus 20 years supervised release for former BreachForums owner
Conor Brian Fitzpatrick, aka “Pompompurin” was re-sentenced today in federal court in Virginia. The government had sought a prison sentence of at least 188 months for the former owner of the original BreachForums, while the defense sought probation with weekend jail time for a year. Judge Leonie Brinkema, who had previously sentenced Fitzpatrick to time…
New fugitive uploaded to EU Most Wanted list for major ransomware attacks
From Europol: A high-value cybercrime suspect has been added to the EU Most Wanted list. The individual, a Ukrainian national, is believed to be a leading figure in an organised crime network responsible for the 2019 ransomware attack against a major Norwegian aluminium company, as well as a series of other global cyber-attacks. The fugitive is…
SEC to Notify Crypto Businesses of Technical Violations Before Taking Action: Report
Wayne Jones reports: A report by the Financial Times revealed that the Securities and Exchange Commission (SEC) plans to issue crypto firms notices of technical violations before taking action. The move is a shift away from the aggressive enforcement approach that was pursued under former President Joe Biden. Trump-appointed SEC Chair Paul Atkins told the Financial Times…