DIRS.INFO The most relevant business & tech news

☆ Boeing assessing Lockbit hacking gang threat of sensitive data leak
▼ + stars: | 2023-10-27 | by ( Zeba Siddiqui | ) www.reuters.com time to read: +2 min

The hacking group posted a countdown clock on its data leak website with a message saying, "Sensitive data was exfiltrated and ready to be published if Boeing do not contact within the deadline!" "For now we will not send lists or samples to protect the company BUT we will not keep it like that until the deadline," the hacking group said. The hacking group typically deploys ransomware on a victim organization's system to lock it up and also steals sensitive data for extortion. Lockbit was the most active global ransomware group last year based on the number of victims it claimed on its data leak blog, according to the U.S. Cybersecurity and Infrastructure Security Agency (CISA). The hacking gang also did not immediately respond to a request for comment sent on an address it mentioned on its data leak site.

Persons: Lindsey Wasson, Lockbit, CISA, Zeba Siddiqui, Leslie Adler Organizations: Boeing KC, Pegasus, U.S . Air Force, REUTERS, Rights, Boeing, Boeing Co, Cybersecurity, Infrastructure Security Agency, Thomson Locations: Everett , Washington , U.S, ”, San Francisco

☆ 6 troubling questions about the Corizon bankruptcy deal
▼ + stars: | 2023-10-26 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +20 min

The bankruptcy of prison health provider Corizon has faced pressure from senators and a federal regulator in recent weeks. Other troubling questions surrounding the bankruptcy involve payments to insiders, "dishonest" testimony, and a secret data breach. The other company, Tehum, was saddled with most of Corizon's liabilities and, in February, filed for bankruptcy. AdvertisementAdvertisementNine US senators have written to Corizon successor companies Tehum Care Services and YesCare demanding answers about Corizon's efforts to "manipulate bankruptcy law." AdvertisementAdvertisementLefkowitz repeatedly said under oath during a June creditor call that he didn't know who owned Geneva Consulting — the company Corizon paid $5.5 million.

Persons: Corizon, —, Christopher Lopez, David Jones, Elizabeth Freeman, YesCare, Jones, Tehum, Judge Jones, Freeman, Ian Cross, Elizabeth Warren, Bernie Sanders, Cory Booker, Dick Durbin, Lopez, they're, Kevin Eckhardt, Hector Garcia Jr, Hector Garcia, Belen Lowery, Garcia's, Jeff Sholey, Isaac Lefkowitz, Lefkowitz, Sara Tirschwell, Jeffrey Scott King, Ayodeji, Michelle Rice, Jennifer Finger, Sholey, Edward Janger, Janger, he's, didn't, Geneva, Russell Perry, Baker, Hostetler, Tehum's, Tracey Grissom, Grissom, Julia Tutwiler, Roman, Sannikov, CISA, Tehum hadn't, What's, it's Organizations: Service, Tehum Care Services, Justice Department, Corizon, Arizona Department of Corrections, Rehabilitation, Geneva Consulting, Tehum, University of Missouri Health Care, Brooklyn Law School, Geneva, Genesis Healthcare, Department, US, Court, Southern, Southern District of, Baker, FBI, Infrastructure Security Agency, of Health, Human, CISA, HHS, HIPAA, Women Locations: Houston, Texas, YesCare, Reorg, New Mexico, Corizon, Geneva, Southern District, Southern District of Texas, Alabama, Wetumpka , Alabama, Rivers, bitcoin, Tehum

☆ Explainer: Crypto's role in terrorist financing
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Oct 23 (Reuters) - Cryptocurrency's role in terrorist financing and funding militant groups has come under renewed scrutiny following a deadly attack in Israel by Palestinian militant group Hamas. HOW MUCH CRYPTO IS USED IN TERRORIST FINANCING? The FATF said this year that crypto presents "increasing terrorist financing risks", but that the "vast majority" of terrorist financing still uses regular money. Chainalysis said that terrorist financing "represents a small fraction of the less than 1% of the entire crypto market occupied by illicit activity". Terrorist financing is a small part of the illicit uses of crypto, which include scams, ransomware and theft.

Persons: Dado Ruvic, cryptocurrency, Chainalysis, Elizabeth Howcroft, Tom Wilson, John O'Donnell, Ed Osmond Organizations: REUTERS, Hamas, U.S, United Nations, Bloomberg, North, Thomson Locations: Israel, Palestinian, cryptocurrencies, North Korea

☆ My startup's AI tool is helping Ukraine on the battlefield
▼ + stars: | 2023-10-21 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

He explains how Ukraine is using the company's AI tool to streamline intelligence gathering. The world before February 24, 2022 was a difficult place for defense tech startups. But since Russia's invasion of Ukraine there's been a paradigm shift. Now, my company, SensusQ, is applying the AI revolution to the defense sector and helping Ukraine on the battlefield. AdvertisementAdvertisementThe SensusQ AI system collates intelligence from multiple sources.

Persons: Erik Kannike, Kannike, —, Ukraine there's, James Bond, There's, they're, Europe There's Organizations: Service, NATO, intel, Spotify, Anadolu Agency Locations: Estonian, Ukraine, Estonia, Russia, Europe, Ukrainian

☆ Bank of America's top 5 stocks for safety and security in a dangerous world
▼ + stars: | 2023-10-09 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

Security is becoming increasingly crucial around the world, and Bank of America thinks investor portfolios can benefit from owning certain names. The bank on Monday released its "Future Security" primer, examining stocks through a lens of safety. Information security company CyberArk Software also made the list. CYBR YTD mountain CyberArk YTD "CyberArk is the clear leader within the PAM [privileged access market] market, with a robust technological moat," Liani said. TRU YTD mountain TransUnion YTD.

Persons: Felix Tran, Benjamin Netanyahu, CrowdStrike, Tal Liani, Matt Cohen, CyberArk, Liani, BofA, Heather Balsky, Tomer Zilberman, Andrew Obin, Obin, Michael Bloom Organizations: Bank of America, Israeli, Defense, U.S . Aerospace & Defense ETF, CyberArk Software, Motorola Solutions, Motorola, North, APG Locations: Israel, U.S

The FBI is investigating the MGM and Caesars breaches, and the companies did not comment on who may be behind them. In some cases - Mandia did not say which ones - hackers tied to Scattered Spider placed bogus emergency calls to summon heavily armed police units to the homes of executives of targeted companies. ALPHV, which according to Mandiant is a "ransomware-as-a-service", would provide services such as a helpdesk, webpage and branding, and in turn get a cut of whatever Scattered Spider would make from the hack. While many ransomware attacks go unpublicised, the MGM hack was a vivid example of the real-world impact of such incidents. Ransomware gangs often function like large organizations, and continue to evolve their methods to adapt to the latest security measures organizations use.

Persons: Bridget Bennett, helpdesk, they’d, Wendi Whitmore, Adam Meyers, it's, Kevin Mandia, Mandiant, Reuters couldn't, CrowdStrike's Meyers, helpdesks, David Bradbury, they've, Bradbury, ALPHV, Okta's Bradbury, Whitmore, Zeba Siddiqui, Raphael Satter, Chris Sanders, Claudia Parsons Organizations: MGM, MGM Resorts, REUTERS, FRANCISCO, Alto Networks, Caesars Entertainment, FBI, Caesars, Google, Reuters, Microsoft, British, Thomson Locations: Las Vegas , Nevada, U.S, WASHINGTON, Canada, Japan, United States, reassign, Las Vegas, San Francisco, New York

☆ Hackers who breached casino giants MGM, Caesars also hit 3 other firms, Okta says
▼ + stars: | 2023-09-19 | by ( Zeba Siddiqui | ) www.reuters.com time to read: +3 min

David Bradbury, chief security officer of the identity management company Okta, said five of the company's clients, including MGM and Caesars, had fallen victim to hacking groups known as ALPHV and Scattered Spider since August. In an interview with Reuters, Bradbury didn't name the other companies, but said Okta was cooperating with official investigations into the breaches. "We've seen consistently over the past six to 12 months, a ramp up in these types of attacks," Bradbury said. Bradbury said the group had breached into MGM and obtained access to its Okta client, which allowed it further access to more credentials in the identity management firm's system. Bradbury said Mandiant's description of the group's tactics aligned with what Okta had observed in the recent hacks.

Persons: Bridget Bennett, David Bradbury, Bradbury didn't, Okta, Bradbury, We've, ALPHV, Google's, Zeba Siddiqui, Michael Perry Organizations: MGM, MGM Resorts, REUTERS, FRANCISCO, MGM Resorts International, Caesars Entertainment, Caesars, Reuters, Google's Mandiant Intelligence, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, Macau, San Francisco, United States

☆ More than 50 Colombian state, private entities hit by cyberattack -Petro
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +1 min

Sept 18 (Reuters) - More than 50 Colombian state entities and private companies were hit by a cyber attack last week, Colombian President Gustavo Petro told journalists in New York. Internet service provider IFX Networks last week reported it was the victim of a ransomware attack, which saw dozens of Colombian organizations affected. Without naming the company, Petro said the wider impact of the attack showed IFX Networks did not have the right "cybersecurity measures" in place and put the company in breach of its contracts. Earlier on Monday, Colombia's Minister for Information, Technology and Communications Mauricio Lizcano said on messaging platform X that he had ordered administrative actions to be launched against IFX Networks. "We are coordinating ... a civil lawsuit and possibly a criminal case (against the company)," Lizcano said.

Persons: Gustavo Petro, Petro, Communications Mauricio Lizcano, Lizcano, Oliver Griffin, Timothy Gardner Organizations: IFX Networks, Colombia's, Information, Technology, Communications, Thomson Locations: Colombian, New York

☆ FBI director urges private sector to lend government more support in cyber intelligence
▼ + stars: | 2023-09-18 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

FBI Director Christopher Wray testifies during a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on Capitol Hill May 10, 2023 in Washington, DC. WASHINGTON, D.C. – FBI Director Christopher Wray said Monday that the federal government is relying more than ever on private sector support to ensure that U.S. infrastructure remains secure. Wray said that artificial intelligence may help China's cyber intelligence operations in their efforts to overpower U.S. defenses, and reiterated that Chinese hackers outnumber the FBI's cyber and intelligence agents by at least 50 to 1. China is poised to "use the fruits of their widespread hacking to power, with AI, even-more-powerful hacking efforts," he added. North Korean hacking groups, for example, often seek to generate revenue for the government while gathering espionage for the state.

Persons: Christopher Wray, Wray, it's, Colonial's Organizations: Commerce, Justice, Science, Capitol, WASHINGTON , D.C, Mandiant's mWise Conference, Google, FBI, Cybersecurity Infrastructure Agency, Colonial Pipeline Locations: Washington , DC, WASHINGTON ,, Washington, China, Korean, Ukraine, Eastern Europe, U.S, East

☆ MGM and Caesars hit with massive cyber attack
▼ + stars: | 2023-09-15 | by ( Kate Sammer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMGM and Caesars hit with massive cyber attackTwo major Las Vegas casinos were overcome by ransomware attacks attributed to the cybercriminal group, Scattered Spider. Computer systems at MGM were shut down, freezing slots machines, ATMs, elevators, and hotel technology. In response to the MGM hack, Caesars Entertainment reported paying $15 million in ransom after a similar Sep. 7th attack on its systems. Scattered Spider has claimed to have stolen over six terabytes of data from the two attacks.

Organizations: MGM, Caesars, Caesars Entertainment

LAS VEGAS (AP) — Casino company Caesars Entertainment on Thursday joined Las Vegas gambling rival MGM Resorts International in reporting that it was hit by a cyberattack, but added in a report to federal regulators that its casino and online operations were not disrupted. Caesars is the largest casino owner in the world, with more than 65 million Caesars Rewards members and properties in 18 states and Canada under the Caesars, Harrah’s, Horseshoe and Eldorado brands. MGM Resorts said reservations and casino floors in Las Vegas and other states were affected. MGM Resorts has has about 40 million loyalty rewards members and tens of thousands of hotel rooms in Las Vegas at properties including the MGM Grand, Bellagio, Aria and Mandalay Bay. Some MGM Resorts computer systems were still down Thursday, including hotel reservations and payroll.

Persons: “, ”, ” Brett Callow, Emsisoft, Callow, Charles Carmakal, ” Carmakal, Mandiant, ” Mandiant, Brian Ahern, pinky, ’ ”, Frank Bajak Organizations: LAS VEGAS, —, Caesars Entertainment, Las, MGM Resorts International, Securities and Exchange Commission, Social, New, MGM Resorts, “, Caesars, Associated Press, SEC, MGM, Aria, FBI, CNA Financial Locations: Las Vegas, Reno, New Zealand, Russia, U.S, Canada, Harrah’s, Eldorado, Mandalay, China, Macau, British Columbia, Boston

☆ Craigslist founder Craig Newmark is pouring millions of dollars into combating AI's dark side
▼ + stars: | 2023-09-14 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +10 min

Since the 2015 debut of Craig Newmark Philanthropies, the entrepreneur has donated many millions of dollars to various causes involving media and technology. Newmark, 70, spoke to CNBC as he was recovering from a minor heart procedure he went through in late August. At the same time, he's worried that tech companies, particularly in social media, "aren't even trying anymore to get rid of stuff they know is dishonest," he said. "Protecting kids when it comes to AI is a big issue," Newmark said, regarding his donation to Common Sense Media. Within journalism, Newmark's most high-profile endeavor is the City University of New York's Craig Newmark Graduate School in Journalism.

Persons: Craig Newmark, Everard Craig Newmark, Craig Newmark Philanthropies, Newmark, he's, aren't, I've, Rather, Jim Jordan, I'm, City University of New York's Craig, Julia Angwin, she'd, Sue Gardner, algorithmically, Thilina, doesn't, " Newmark, that's Organizations: Craigslist, LinkedIn, Facebook, Sense Media, CNBC, Tech, Meta, Twitter, Sense, Knight Foundation, Ford Foundation, City University of New, City University of New York's Craig Newmark Graduate School, Journalism, CUNY, Nurphoto Locations: San Francisco, New York, Ohio

The cybercrime group has made a ransom demand to MGM as well, those sources told CNBC's Contessa Brewer. The 8-K report, similar to one filed by MGM Resorts on Wednesday, acknowledges the hack as a material event. The cybercrime group demanded a $30 million ransom from Caesars, but the company ultimately agreed to pay about half that, sources said. Bloomberg previously reported the ransom and that the same group is behind the attacks on both companies. It wasn't immediately clear why Caesars delayed filing the report disclosing the hack and ransom for weeks.

Persons: CNBC's Contessa Brewer, Charles Carmakal Organizations: Caesars, CNBC, MGM, U.S . Securities, Exchange, MGM Resorts, Google, Bloomberg, vx, Twitter, Security, SEC Locations: United States, Twilio

☆ MGM Resorts is still suffering from a massive outage after a notorious group of young hackers apparently tricked workers into handing over access to the company's network
▼ + stars: | 2023-09-14 | by ( Will Gendron | ) www.businessinsider.com time to read: +5 min

MGM Resorts and Caesars Entertainment were compromised by data breaches within weeks of each other. Scattered Spider, the hacking group, tricks people into handing over access to private systems. A cybersecurity expert says Scattered Spider is comprised of mostly young adults from the US and UK. MGM Resorts followed suit, filing its own Form-8K with the SEC. MGM Resorts and Caesars Entertainment both did not immediately respond to Insider's request for comment.

Persons: Charles Carmakal, Carmakal Organizations: MGM Resorts, Caesars Entertainment, US, Service, MGM, Las Vegas . Bloomberg, Caesars, Bloomberg, CNBC, TechCrunch, Mandiant Inc, Google, LinkedIn, US Securities and Exchange Commission, SEC, US Treasury Department Locations: Wall, Silicon, Las Vegas, New York, Vegas, United States

NEW YORK, Sept 13 (Reuters) - Rating agency Moody's has warned that a recent data breach at gaming company MGM Resorts International (MGM.N) could negatively impact the company's credit. Moody's said that while casino floors were back in action, the incident "highlights key risks related to (MGM's) business operations' heavy reliance on technology and the operational disruption caused when systems need to go offline or are inoperable." Messages seeking comment from MGM, the FBI and the U.S. cybersecurity watchdog agency CISA were not immediately returned. MGM Resorts' website was "currently unavailable," according to a holding message posted to the group's homepage. Reporting by Raphael Satter; Editing by David HolmesOur Standards: The Thomson Reuters Trust Principles.

Persons: Moody's, extortionists, Raphael Satter, David Holmes Organizations: MGM Resorts International, MGM, FBI, U.S, MGM Resorts, Thomson Locations: Las Vegas

☆ Las Vegas resorts 'on notice' after major ransomware attack hits MGM, says cybersecurity expert
▼ + stars: | 2023-09-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLas Vegas resorts 'on notice' after major ransomware attack hits MGM, says cybersecurity expertHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Brian Sullivan, “ Organizations: MGM, CNBC

☆ David Uberti — Reporter at The Wall Street Journal
▼ + stars: | 2023-09-10 | by ( David Uberti | ) www.wsj.com time to read: 1 min

David UbertiDavid Uberti is a reporter in New York covering oil and other commodity markets for The Wall Street Journal. His stories aim to unpack how financial markets, geopolitics and energy interact, shaping the economy and daily life. Dave joined the Journal in 2020 to cover cybersecurity, chronicling major cyberattacks, digital money laundering and U.S. efforts to combat the ransomware boom. Previously, he reported on political media and the news business for Vice News, Gizmodo Media and the Columbia Journalism Review. He is a graduate of Northwestern University and Columbia University.

Persons: David Uberti David Uberti, Arthur F, Dave Organizations: Wall Street, Burns, Vice, Gizmodo Media, Columbia, Northwestern University, Columbia University Locations: New York, Germany, Europe, Ukraine

☆ US indicts nine alleged members of Russian cybercrime gang that targeted hospitals
▼ + stars: | 2023-09-07 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +4 min

“The offer has been proven to be highly valuable to us and our operations against cybercriminals,” a senior FBI official told CNN. US officials have considered alleged Russian hackers in US custody as potential candidates in prisoner swap negotiations for Americans detained in Russia. The Conti ransomware has been used on hundreds of organizations worldwide, including almost 300 in the US, according to the senior FBI official. “Conti went away, but the actors didn’t necessarily,” the senior FBI official conceded. The FBI official declined to comment on the current whereabouts of the nine newly indicted men, or how the FBI tracks them.

Persons: Alexey Navalny, “, ”, Conti, Conti ransomware, hasn’t, “ Conti, didn’t, We’re Organizations: CNN, US Justice Department, State Department, cybercriminals, FBI, Treasury Department, US, Western, TrickBot Locations: Russian, Russia, Ukraine, Eastern Europe, Tennessee, Ukrainian

☆ FBI announces it has dismantled global network of hacked computers used in major fraud scheme
▼ + stars: | 2023-08-29 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —The FBI and European law enforcement agencies dismantled a massive network of hacked computers that had been used to defraud victims of hundreds of millions of dollars, agencies announced Tuesday. The department said law enforcement agencies in France, Germany, the Netherlands and the United Kingdom helped with the takedown. “This is a concerted effort to target the services that other cybercriminals are leveraging across the globe,” a senior FBI official said in an interview. The tool the FBI targeted in this case, known as a botnet, is an army of infected computers that hackers often use for a variety of fraud as well as potentially disruptive hacks. The hackers can rebuild their computer infrastructure after the takedown, but FBI officials are hoping that will take a while.

Persons: Qakbot “, ”, Qakbot Organizations: CNN, FBI, Justice Department Locations: cryptocurrency, France, Germany, Netherlands, United Kingdom

☆ US says it has disrupted notorious 'Qakbot' hacking network
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +1 min

A computer keyboard lit by a displayed cyber code is seen in this illustration picture taken on March 1, 2017. REUTERS/Kacper Pempel/Illustration/File Photo Acquire Licensing RightsAug 29 (Reuters) - U.S. authorities on Tuesday announced an international law enforcement operation to disrupt the notorious "Qakbot" malware platform used extensively used by cybercriminals involved in financial crime. The operation also involved France, Germany, the Netherlands, and Britain, it said. First discovered more than a decade ago, Qakbot is commonly spread through malicious, boobytrapped emails sent to unsuspecting victims. Security researchers say they believe the hacking network originates in Russia and has attacked organizations around the world from Germany to Argentina.

Persons: Kacper, cybercriminals, Christopher Bing, David Ljunggren Organizations: REUTERS, U.S . Department of Justice, Thomson Locations: France, Germany, Netherlands, Britain, Russia, Argentina

☆ Cybercrime set to threaten Canada's security, prosperity - spy agency
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Kacper Pempel/Illustration/File Photo Acquire Licensing RightsOTTAWA, Aug 28 (Reuters) - Organized cybercrime is set to pose a threat to Canada's national security and economic prosperity over the next two years, the national signal intelligence agency said on Monday. Cyber criminals continue to show resilience and an ability to innovate their business model, it said. "Organized cybercrime will very likely pose a threat to Canada's national security and economic prosperity over the next two years," said CSE, which is the Canadian equivalent of the U.S. National Security Agency. But Chris Lynam, director general of Canada's National Cybercrime Coordination Centre, said very few crimes were reported and the real amount stolen last year could easily be C$5 billion or more. Tehran likely tolerates cybercrime activities by Iran-based cyber criminals that align with the state's strategic and ideological interests, it added.

Persons: Kacper, Chris Lynam, David Ljunggren, Tomasz Janowski, Grant McCool Organizations: REUTERS, Rights OTTAWA, Communications Security, Western, U.S . National Security Agency, Coordination, Soviet Union, CSE, Thomson Locations: Russia, Iran, Canada, Moscow, Tehran

In this quarter’s update we look at new Securities and Exchange Commission cyber rules that may increase insurance risks for corporate directors; how new technologies such as artificial intelligence are helping assess a company’s cyber risk profile; and does having a cyber insurance policy increase the likelihood of being a victim of a ransomware attack? Premium Prices Decline Slightly Following Several Quarters of IncreasesCyber insurance prices in the U.S. declined 4% year over year on average in the second quarter...

Organizations: Securities and Exchange Commission Locations: U.S

☆ Tornado Cash founders charged with laundering more than $1 billion, including millions for North Korea
▼ + stars: | 2023-08-23 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +4 min

Two founders of Tornado Cash, the widely known Russian cryptocurrency mixer, have been charged with laundering more than $1 billion in criminal proceeds. Charges in the indictment include conspiring to commit money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money transmitting business. The third co-founder, Alexey Pertsev, who is not mentioned in this action, faces trial in Amsterdam over his involvement with Tornado Cash. Tornado Cash is used by some people as a legitimate way to protect their privacy in the still-nascent crypto market. Using a crypto mixing service like Tornado Cash masks those details by anonymizing the funds and concealing the identity of the buyer.

Persons: Roman, Semenov, Storm, James Smith, Alexey Pertsev, Roman Semenov, Damian Williams, Brian Klein, Waymaker, Klein, Lazarus Organizations: Tornado, Lazarus, Justice Department, CNBC, Tornado Cash, Storm, Federal Bureau of Investigation, Foreign Assets, Lazarus Group, U.S . Treasury, Treasury Department Locations: Russian, Korean, Washington, York, Amsterdam, U.S, Harmony

☆ Latin Americans fall prey to more online scams as cybersecurity lags
▼ + stars: | 2023-08-15 | by ( Carolina Pulice | ) www.reuters.com time to read: +4 min

Online scams in Brazil jumped 65% last year to over 200,000, according to data from the Brazilian Public Security Yearbook published last month. And across Latin America, online frauds and cyberattacks are at an "all-time high," says cybersecurity company Tenable, posing an urgent problem for a well-connected region. "Latin America is a priority target because it has a very connected population, which means that they are always exposed," said Claudio Martinelli, managing director for Latin America for Kaspersky. In a ranking of 93 countries on cyberthreat risks compiled by fraud prevention software SEON, nine of the 10 Latin American countries were ranked in the bottom half. Three Latin American countries - Honduras, Nicaragua and Venezuela - were seen among the 10 countries with the highest risks for cyberthreats.

Persons: Dado Ruvic, Gabriella Batalha didn't, Batalha, Kerry, Ann Barrett, Barrett, Claudio Martinelli, SEON, Tenable, Ransomware, Marcos Simplicio, Carolina Pulice, Brendan O'Boyle, Nick Macfie Organizations: REUTERS, MEXICO CITY, YouTube, Brazilian Public Security, International Telecommunication Union, Organization of American States, America, Kaspersky, Costa, University of Sao, Thomson Locations: MEXICO, Instagram, Rio de Janeiro, Brazil, America, Latin America, Caribbean, Peru, Mexico, Honduras, Nicaragua, Venezuela, University of Sao Paulo

☆ 'Bulletproof' hosting site that allegedly enabled 400 ransomware attacks seized, founder indicted
▼ + stars: | 2023-08-11 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Clients allegedly used the hosting service to deploy ransomware viruses that infected around 400 networks around the world. Ransomware attacks typically lock and encrypt the data on an organization's computers so they're unusable until the victim pays a fee. His "100% privacy hosting" service was seized Tuesday by the IRS' Criminal Investigation unit and the Federal Bureau of Investigation. Federal prosecutors have stepped up their efforts to curtail ransomware attacks. WATCH: Ransomware attacks have surged 20%, CEO says

Persons: Christopher Wray, Artur Grabowski's, Grabowski Organizations: Federal Bureau of, Capitol, IRS, Federal Bureau of Investigation, Justice Department Locations: Washington , U.S, Florida, Polish, U.S

Search resuls for: "Ransomware"

25 mentions found