lamserrano_indictment_24cr417.pdf WASHINGTON – An indictment was unsealed today charging Malone Lam, 20, of Miami, FL and Los Angeles, CA, and Jeandiel Serrano, 21, of Los Angeles, CA, with conspiracy to steal and launder over $230 million in cryptocurrency from a victim in Washington, D.C. Lam, a citizen of Singapore…
Failure to Safeguard, Two Cyber Intrusions, and an $850,000 SEC Settlement
Melissa Pascualini of JacksonLewis writes: … In a recent settlement agreement with the SEC, a New York-based registered transfer agent, Equiniti Trust Company LLC, formerly known as American Stock Transfer & Trust Company LLC, agreed to pay $850K to settle charges that it failed to assure client securities and funds were protected against theft or…
Joint ODNI, FBI, and CISA Statement
September 18, 2024 – Today, the Office of the Director of National Intelligence (ODNI), the Federal Bureau of Investigation (FBI), and the Cybersecurity and Infrastructure Security Agency (CISA) released the following statement: Since the 19 August 2024 joint ODNI, FBI, and CISA public statement on Iranian Election Influence Efforts, the FBI has learned additional details about Iran’s…
Sea-Tac refuses to pay 100-bitcoin ransom after August cyberattack
Elise Takahama reports: The hackers behind last month’s cyberattack on Seattle-Tacoma International Airport are demanding a 100-bitcoin ransom — about $6 million — for stolen data, though just how much information was accessed, and what kind, is still unclear. During a Wednesday morning hearing with the U.S. Senate’s Commerce, Science and Transportation Committee, the airport’s aviation managing director, Lance…
FBI boss says China ‘burned down’ 260,000-device botnet when confronted by Feds
Iain Thomson reports: China-backed spies are said to have tore down their own 260,000-device botnet after the FBI and its international pals went after them. The botnet was controlled by the somewhat misnamed Integrity Technology Group, a Chinese business whose chairman has admitted that for years his company has “collected intelligence and performed reconnaissance for…
Chinese state hackers infiltrated thousands of smart devices in the Netherlands
NL Times reports: Chinese hackers have hacked into over 2,700 devices in the Netherlands as part of a global hack, the National Cyber Security Center (NCSC) reported after warnings from the American and British authorities. The hackers are allegedly affiliated with the Chinese State and want to use the over 260,000 devices they hacked globally for large-scale cyber attacks….