Russian criminals operating online who want to stay out of jail need only to follow a few simple rules, the primary one being: Never target Russians. So it's surprising that security researchers have uncovered a new ransomware-wielding gang of Russian speakers that includes Russian victims on its hit list.
What will be the impact of the leak of investigatory documents from FinCEN - the U.S. Treasury Department's Financial Crimes Enforcement Network? For starters, experts warn that FinCEN reports may reveal sensitive information tied to banks and law enforcement agencies' investigatory tools and tactics.
TikTok and WeChat both received reprieves over the weekend that helped avert U.S. blocks of their social media apps. President Donald Trump says he has given his "blessing" to a deal that would see Oracle and Walmart take a stake in TikTok's U.S. operations. Separately, a federal judge suspended a WeChat ban.
The U.S. Commerce Department is banning the downloading and hosting of China-based social media apps TikTok and WeChat effective on Sunday, citing national security concerns. The announcement comes as Oracle continues to negotiate a deal for partnering on TikTok's U.S. operations.
Potentially capping a fraught political showdown, China's TikTok, which is owned by Beijing-based ByteDance, has chosen Oracle to be its U.S. "technology partner," rejecting a bid by Microsoft. But Chinese state media suggests reports of a deal might be premature.
A Russian national who is allegedly part of an ongoing disinformation campaign targeting the upcoming U.S. election faces a charge of conspiracy to commit wire fraud, according to the U.S. Justice Department.
U.S. agencies have issued a warning about increases in bank heists worldwide spearheaded by a hacking group called "BeagleBoyz," a subset of the Lazarus Group, which has ties to the North Korean government.
The Lazarus Group, which has ties to the North Korean government, recently targeted an employee of a cryptocurrency exchange with a fake job offer in order to plant malware and steal virtual currency, according to F-Secure.
The latest edition of the ISMG Security Report analyzes why Barclays is being investigated for allegedly spying on its employees. Also featured: How the pandemic is affecting CISOs; an FBI assessment of nation-state threats to U.S. election.
The day after President Trump issued executive orders to ban Chinese-owned social media apps TikTok and WeChat, Sanjay Virmani of the FBI's San Francisco office shared insights on the Chinese cyberthreat, election security and crime trends in the wake of COVID-19.
President Donald Trump, citing national security concerns, has signed two executive orders that will ban the Chinese-owned social media platforms TikTok and WeChat from the U.S. within 45 days. The orders appear designed to accelerate the sale of the two platforms to American firms.
In a private industry alert, the FBI warns U.S. firms of possible malware hidden in tax software the Chinese government requires companies doing business in the nation to use. The warning follows reports by Trustwave about backdoors that can give hackers access to entire networks.
The latest edition of the ISMG Security Report analyzes the latest developments in banning Huawei technology from 5G networks. Also featured are discussions of how to respond better to cybercrime and whether we're on the cusp of a digital currency revolution.
The U.S. Secret Service is combining its electronic and financial crime units into a single task force that will focus on investigating cyber-related financial crimes, such as BEC schemes and ransomware attacks. The move comes as lawmakers push for the Secret Service to take a more active role in fighting cybercrime.