In the days between May 11 and May 18, the Uranium Finance hacker laundered more stolen funds, LayerZero launched a $15 million bug bounty program, the European Union adopted comprehensive cryptocurrency legislation, and Ledger faced backlash on its seed phrase recovery solution.
The French data protection authority on Tuesday signaled increased concerns over the privacy impacts of generative artificial intelligence and said issues such as data scraping raise data protection questions. Data scraping by AI companies is a flashpoint in the technology's rollout.
In this week's data breach roundup: the Philadelphia Inquirer, Swiss multinational ABB, French electronics manufacturer Lacroix, the U.S. Department of Transportation employee data and more. Dallas is still recovering from a ransomware attack and researchers infiltrated a ransomware group.
Fifteen months after Russia intensified its illegal invasion of Ukraine, experts say top cyber defense lessons policymakers and defenders should apply include focusing on resilience. Building for resilience acknowledges the inevitability of ongoing attacks.
The BianLian ransomware group is abandoning malicious encryption in favor of pure extortion, warns the U.S. top cybersecurity agency. A major likely factor in BianLian's shift was cybersecurity firm Avast's January release of a free decryptor.
The Federal Trade Commission has barred the developer of fertility tracking app Premom from sharing users' personal health data with third parties for advertising purposes and has fined the vendor $100,000 for alleged violations of the agency's Health Data Breach Notification Rule.
Data443 has bought Cyren's threat intelligence, URL categorization and email security technology out of bankruptcy for up to $3.5 million. Buying Cyren's anti-spam, virus outbreak detection, IP reputation, URL filtering and Threat InDepth data feeds will boost Data443's existing product portfolio.
The attorneys general of four states have smacked vision care provider EyeMed Vision Care with a $2.5 million fine as part of a settlement in the aftermath of a 2020 email phishing incident that affected 2.1 million individuals in the United States.
Ukraine's top cybersecurity agency says Russian hackers took a sudden interest in obtaining personal data and mounted successful attacks against more than one-third of the country's largest insurers. It predicts the stolen data may end up for sale on the dark web.
The Royal ransomware group, which spun off from Conti in early 2022, is refining its downloader malware using tactics and techniques that appear to draw directly from other post-Conti groups, as well as working closely with trusted former associates of Conti, REvil and Hive, researchers say.
Security researchers say a new Babuk knockoff ransomware group emerged in April and has already claimed targets in the United States and South Korea. Threat intelligence company Cisco Talos says RA Group is the latest criminal group to take advantage of the June 2021 leak of Babuk source code.
U.S. federal prosecutors announced a slew of indictments and arrests in cases involving attempts by foreign nationals to illegally export technology into Russia, China and Iran. The arrests are part of a recently announced Disruptive Technology Strike Force.
An Illinois man pleaded guilty Monday to eight criminal counts stemming from the three years he spent leading a conspiracy to sell stolen financial information on darknet markets. The man, Michael D. Mihalo, 40, founded a darknet carding site known as Skynet Market.
The European Union on Tuesday formally adopted the world's first comprehensive regulatory regime for the cryptocurrency industry in a measure supporters say will tame volatility illustrated by high-profile crashes such as FTX. The proposal, known as MiCA, will go into effect progressively.
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