Security News
The U.S. Securities and Exchange Commission today charged SolarWinds with defrauding investors by allegedly concealing cybersecurity defense issues before a December 2020 linked to APT29, the Russian Foreign Intelligence Service hacking division. The SEC claims SolarWinds failed to notify investors about cybersecurity risks and poor practices that its Chief Information Security Officer, Timothy G. Brown, knew about.
The first of two US government prosecutions of former FTX CEO Sam Bankman-Fried commenced in New York on Monday, only a day after the cryptocurrency tycoon sued his own insurance company for failing to cover his legal costs. Who is SBF... Sam Bankman-Fried co-founded cryptocurrency exchange FTX and served as its CEO. He also co-founded Alameda Research, a hedge fund intertwined with FTX. SBF stepped down late last year and has been charged with fraud over allegations FTX and Alameda, among other things, siphoned billions in people's deposits to fund luxury lifestyles, invest in a whole range of businesses, and gamble on digital assets.
Genshin Impact developer miHoYohas responded to an in-game hacking situation that has caused problems recently in its player community, warning that they would take legal action against those responsible. Genshin Impact is a massively popular anime-style open-world exploration game available for Android, iOS, PS4, and Windows with over 60 million active players.
Exec faces fraud charges, one regulator wants $5 billion fine Alex Mashinsky, the now-former CEO of collapsed cryptocurrency concern Celsius, today faces charges of fraud as prosecutors and...
Hyundai and Kia cars were stolen 977 times in New York City in the first four months of 2023, and authorities have had enough. "This represents a roughly 660 percent increase in thefts of Kia and Hyundai vehicles as compared to those same months in 2022, when there were only 148 such thefts," blasts the complaint [PDF] filed with the United States District Court, Southern District of New York.
A VoIP provider was at the heart of billions of robocalls made over the past five years that broke a slew of US regulations, from enabling telemarketing scams to calling numbers on the National Do Not Call Registry, it is claimed. Los-Angeles-based XCast Labs allowed robocalls from telemarketers to flow through its voice-over-IP network to folks despite multiple warnings over several years that many of the calls ran afoul of the America's Telemarketing Sales Rule, the FTC alleged in a 13-page complaint [PDF] filed May 12 in a California federal court.
Google said it obtained a court order to shut down domains used to distribute CryptBot after suing the distributors of the info-stealing malware. The court granted Google a temporary restraining order, which allowed it to shut down the bot operators' internet infrastructure.
A cancer patient whose nude medical photos and records were posted online after they were stolen by a ransomware gang, has sued her healthcare provider for allowing the "Preventable" and "Seriously damaging" leak. LVHN refused to pay the ransom, and earlier this month BlackCat started leaking patient info, including images of at least two breast cancer patients, naked from the waist up.
The U.S. Justice Department has filed a federal lawsuit today against Google for abusing its dominant position in the online advertising market. The U.S. government alleges that Google used acquisitions of other companies in the ad market to remove competitors and forced advertisers and publishers to use its services using its control over the ad tech services.
Meta has sued several Chinese companies doing business as HeyMods, Highlight Mobi, and HeyWhatsApp for developing and allegedly using "Unofficial" WhatsApp Android apps to steal over one million WhatsApp accounts starting May 2022. Once installed, the apps used bundled malware to harvest sensitive info, including account authentication, to hijack their WhatsApp accounts to send spam messages.