Josh Smith reports: North Korea’s internet appears to have been hit by a second wave of outages in as many weeks, possibly caused by a distributed denial-of-service (DDoS) attack, researchers said on Wednesday. The latest incident took place for about six hours on Wednesday morning local time, and came a day after North Korea conducted…
China Releases Draft Regulations on Network Data Security Management
Hunton Andrews Kurth writes: On November 14, 2021, the Cyberspace Administration of China (“CAC”) released for public comment its draft Regulations on Network Data Security Management (the “Draft Regulations”). The Draft Regulations are intended to implement portions of three existing laws – the Cybersecurity Law (“CSL”), the Data Security Law (“DSL”) and the Personal Information…
CEO of Cryptsy, a Major Online Cryptocurrency Exchange Company, Indicted for Defrauding Company’s Customers, Destroying Evidence, and Tax Evasion
Miami, Florida – A 17-count indictment was unsealed in federal court in Miami, Florida charging Paul E. Vernon, 48, the founder, operator, and Chief Executive Officer (CEO) of Project Investors Inc., doing business as Cryptsy, with criminal violations for his involvement in a sophisticated theft scheme involving his cryptocurrency exchange. The charges include tax evasion,…
DeepDotWeb Administrator Sentenced to 97 Months in Prison for Money Laundering Scheme
Defendants Received Over $8 Million in Kickbacks from Purchases of Contraband on Darknet Marketplaces An Israeli national was sentenced yesterday to 97 months in prison for operating DeepDotWeb (DDW), a website that connected internet users with Darknet marketplaces, where they purchased illegal firearms, malware and hacking tools, stolen financial data, heroin, fentanyl and other illicit…
Canadian man linked to thedarkoverlord sentenced to federal prison for trafficking stolen identities on the dark web
ATLANTA – Slava Dmitriev has been sentenced for access device fraud in connection with his possession and sale of over seventeen hundred stolen identities on the dark web. Dmitriev, a Canadian citizen, was arrested while on vacation in Greece in September 2020 and extradited to the United States in January 2021. “This defendant profited off…
Canadian Radio-television and Telecommunications Commission (CRTC) investigation targets Dark Web marketplace vendors and administrator
January 26, 2022 – Ottawa-Gatineau – Canadian Radio-television and Telecommunications Commission (CRTC) The CRTC’s Chief Compliance and Enforcement Officer today announced penalties totalling $300,000 to four Canadians for their involvement in the Dark Web marketplace Canadian HeadQuarters (also known as CanadianHQ). The marketplace was taken offline following the execution of warrants by CRTC staff. Before…