Security News
The U.S. Justice Department on Wednesday announced the indictment of three North Korean military intelligence officials linked to high-profile cyber-attacks that included the theft of $1.3 billion in money and crypto-currency from organizations around the world. The DOJ described the scope of the North Korean hacking operation as "Extensive and long-running".
"My warning to the public is that digital currency exchanges are not like banks. The security of digital currency exchanges is only as good as your own vigilance. While law enforcement will do everything within our power to protect you, you must also protect yourself." How could the North Korean Lazarus Group become any more of a threat to the rest of the internet? We're glad you asked.
AT&T has been sued for a second time over allegations its staff gave thieves control of a specific individual's cellphone number to steal a large chunk of cryptocurrency. Seth Shapiro's $1.9m claim follows in the footsteps of Michael Terpin, who sued the gigantic US cellular network in 2018 for more or less the same thing: staff ported a subscriber's phone number to a hacker's SIM - a so-called SIM swap scam - allowing the miscreant to steal what Terpin claims in his case was $24m in cryptocurrency.
Netflix has released its Q1 FY20 results and revealed some unusual coronavirus impacts. Made most plain in its Form 10-Q [PDF], Netflix said: "The COVID-19 pandemic has also led to an increase in our net paid membership additions relative to our quarterly forecast and historic trends."
Six individuals were arrested in the United Kingdom last week for their involvement in a bank cyber-heist and money laundering operation. The arrests were made in connection to the laundering of money stolen in February 2019 from Malta's Bank of Valletta, after cyber-criminals used malware to access the bank's systems and illegally remove around €13 million.
Police in the United Kingdom have arrested six suspects as part of a months-long money laundering investigation tied to the theft of €13 million from a Maltese bank. As part of the investigations into the bank heist, which has been tied to an organized crime gang, Britain's National Crime Agency says it arrested two men, ages 22 and 17, last week in London.
Police in the United Kingdom have arrested six suspects as part of a months-long money laundering investigation tied to the theft of €13 million from a Maltese bank. As part of the investigations into the bank heist, which has been tied to an organized crime gang, Britain's National Crime Agency says it arrested two men, ages 22 and 17, last week in London.
Nearly a year after Malta's Bank of Valletta yanked itself from the internet amid a "Cyber intrusion", Britain's National Crime Agency has made three arrests. In the hours after the funds arrived, cash withdrawals and card payments were made to the tune of £340k, with money spaffed over London stores such as Harrods and Selfridges, the NCA alleged.
SIM swapping typically involves crooks tricking cellular network support staff to transfer victims' smartphone numbers to the criminals' own SIMs, and then using those numbers to reset passwords, or get two-factor authentication tokens, via text messages, and ultimately access and drain cryptocoin accounts. Admins using Cisco gear in their networks will want to head over to Switchzilla's security portal and check for applicable updates among the latest batch of 28 patches.
A top executive at the nonprofit entity responsible for doling out chunks of Internet addresses to businesses and other organizations in Africa has resigned his post following accusations that he...