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September 26, 2021

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Lawyer who allegedly advised Clinton campaign charged with lying to FBI in tip about possible Trump-Russia bank link

CNBC
CNBC – For more and to sign up click here Former U.S. Attorney John Durham, center, outside federal court in New Haven, Conn., after the sentencing of former Gov. John Rowland. Bob MacDonnell | Tribune News Service | Getty Images A lawyer who allegedly advised the 2016 Hillary Clinton presidential......

Ex-U.S. Intelligence Officers Admit to Hacking Crimes in Work for Emiratis

New York Times
WASHINGTON — Three former American intelligence officers hired by the United Arab Emirates to carry out sophisticated cyberoperations admitted to hacking crimes and violating U.S. export laws that restrict the transfer of military technology to foreign governments, according to court documents made public on Tuesday. The documents detail a conspiracy......

WhatsApp has been fined $267 million for breaching EU privacy rules

CNBC
CNBC – For more and to sign up click here Facebook-owned WhatsApp is being censored in China as the Communist Party congress gets underway. Jaap Arriens | NurPhoto | Getty Images Facebook-owned WhatsApp has been fined a record 225 million euros ($267 million) by Ireland’s data watchdog for breaching EU......

FTC bars alleged ‘stalkerware’ executive from the surveillance business

CNBC
CNBC – For more and to sign up click here Lina Khan, commissioner of the Federal Trade Commission (FTC) nominee for U.S. President Joe Biden, speaks during a Senate Commerce, Science and Transportation Committee confirmation hearing in Washington, D.C., U.S., on Wednesday, April 21, 2021. Graeme Jennings | Bloomberg |......

Coinbase slammed for what users say is terrible customer service after hackers drain their accounts

CNBC
CNBC – For more and to sign up click here For Tanja Vidovic, it was a moment of panic: She had received a series of alerts about someone changing access to her cryptocurrency account. And she realized, as she stared at her computer screen, that nearly all of her $168,000......

How Biden’s trillion-dollar spending plans address the UN’s dire climate warning: CNBC After Hours

CNBC
CNBC – For more and to sign up click here CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, CNBC.com’s Pippa Stevens breaks down the UN’s climate warning and how the bipartisan infrastructure bill could mitigate carbon emissions. Plus, the hacker behind the $600 million......

DeFi platform Poly Network reports hacking, loses estimated $600 million

Reuters
A person wearing a balaclava is silhouetted as he poses with a laptop in front of a screen projected with the word ‘cyber’ and binary code, in this picture illustration taken in Zenica October 29, 2014. REUTERS/Dado Ruvic/File photo HONG KONG, Aug 11 (Reuters) – Poly Network, a decentralised finance......

Main Street overconfidence: America’s small businesses aren’t worried about hacking

CNBC
CNBC – For more and to sign up click here A new survey conducted by CNBC and Momentive suggests that small businesses across the U.S. must be at little risk of being victims of a hack, or they are supremely overconfident about their place in the growing, national cybersecurity threat.......

Analysis: The US just called out China for hacking. Here’s what you need to know.

CNN
USA TODAY – For more and to sign up click here Read this report from CNN’s Kevin Liptak. In a coordinated announcement, the White House and governments in Europe and Asia identified China’s Ministry of State Security, the sprawling and secretive civilian intelligence agency, with using “criminal contract hackers” to......

US, allies accuse China of global cyber hacking campaign

Reuters
WASHINGTON, July 19 (Reuters) – The United States and a coalition of allies accused China on Monday of a global cyber hacking campaign that employed contract hackers, specifically attributing a large Microsoft attack disclosed earlier this year to actors working on Beijing’s behalf. Opening a new area of tensions with......

U.S. Will Formally Accuse China of Hacking Microsoft

New York Times
WASHINGTON — The Biden administration on Monday is expected to formally accuse the Chinese government of breaching Microsoft email systems used by many of the world’s largest companies, governments and military contractors, according to a senior administration official. The United States is also set to organize a broad group of......

Military-grade spyware found on journalists and activists’ phones: report

USA TODAY – For more and to sign up click here Mychael Schnell Military-grade spyware licensed by an Israeli firm was used in attempts to hack into smartphones belonging to journalists and activists, according to a new investigation by The Washington Post and 16 media partners. The Post reported on Sunday that......

Biden has to do more than threaten Putin to get Russia to call off its cyberdogs

NYPost
Post Editorial Board While the Biden administration has called out Russia and Vladimir Putin for cyber attacks, they’ve still been an issue in the US. The Post writes Biden needs to quit talking tough. Source – For more click here To Return to the Main Aggregate News Page – click......

After Biden Meets Putin, U.S. Exposes Details of Russian Hacking Campaign

New York Times
For now, it is the ransomware attacks that have moved to the top of the administration’s agenda, because of their effects on ordinary Americans. Updated  July 1, 2021, 8:22 p.m. ET Jake Sullivan, the national security adviser, said days after the summit that it might take months to determine whether......

What do most companies think when hackers demand ransom? Time to pay

CNBC
CNBC – For more and to sign up click here When Colonial Pipeline revealed it had paid a $5 million ransom in bitcoin to DarkSide ransomware hackers, its CEO said the company made the right choice for the nation. Most top financial officers at major companies disagree: but only because......

Hacking bitcoin wallets with quantum computers could happen – but cryptographers are racing to build a workaround

CNBC
CNBC – For more and to sign up click here Intel’s 17-qubit quantum test chip. Source: Intel Stefan Thomas really could have used a quantum computer this year. The German-born programmer and crypto trader forgot the password to unlock his digital wallet, which contains 7,002 bitcoin, now worth $265 million.......

The FBI likely exploited sloppy password storage to seize Colonial Pipeline bitcoin ransom

CNBC
CNBC – For more and to sign up click here The seal of the F.B.I. hangs in the Flag Room at the bureau’s headquarters. Chip Somodevilla | Getty Images The FBI’s breach of a bitcoin wallet held by the cyber criminals who attacked Colonial Pipeline is all about sloppy storage,......

Cybereason CEO told the world about DarkSide’s hacking techniques from a bomb shelter in Israel

CNBC
CNBC – For more and to sign up click here In early May, Cybereason CEO Lior Div took his first trip back to Israel since before the pandemic to visit his 300 employees based there. It’s a journey he used to make every few months from Boston, where his company......

Colonial Pipeline cyber attack and the high stakes for Biden, business world relationship

CNBC
CNBC – For more and to sign up click here A logo sign outside of a Colonial Pipeline Company facility in Baltimore, Maryland. Tripplaar Kristoffer | SIPA | AP The Colonial Pipeline ransomware attack which hit critical national energy infrastructure may represent a new level of ransomware, but there is......

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