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US SEC says no to new crypto rules; Coinbase asks court to review
Reuters reports: The U.S. Securities and Exchange Commission on Friday denied a petition by Coinbase Global (COIN.O) seeking new rules from the agency for the digital asset sector, which the country’s largest crypto exchange then sought to challenge in court. The five-member commission, in a 3-2 vote, said it would not propose new rules because it fundamentally […]
Cancer patients being extorted by ransomware gang
While many ransomware groups claim there’s nothing personal in what they are doing and that it’s “just business,” there are some lines even criminals should never cross. Interfering with patient care when lives might be on the line if care is delayed or disrupted is one such line. Attempting to harass, threaten, or extort seriously […]
FCC Adopts Updated Data Breach Notification Rules To Protect Consumers
Commission to Expand Scope and Rule Requirements to Reflect Current Security Landscape WASHINGTON, December 13, 2023—The Federal Communications Commission today adopted rules to modify the Commission’s 16-year-old data breach notification rules to ensure that providers of telecommunications, interconnected Voice over Internet Protocol (VoIP), and telecommunications relay services (TRS) adequately safeguard sensitive customer information. Today’s action […]
Feds brace for implementation of SEC cyber disclosure rules
The Record reports: The U.S. government is readying to implement contentious new disclosure rules for digital attacks that could both create headaches for the private sector and law enforcement and shed invaluable light on the state of ransomware and online threats. On December 18, a rule passed earlier this year by the Securities and Exchange […]
INTERPOL operation reveals further insights into ‘globalization’ of cyber scam centres
A December 8 press release from Interpol begins: Read more at INTERPOL.
Kentucky healthcare giant says 2.5 million people affected by May ransomware attack
The Record reports: A ransomware attack in May exposed 2.5 million patients of hospitals connected to healthcare giant Norton Healthcare. In notices submitted to regulators in Maine and California last week, the company said it discovered the attack on May 9 and later confirmed that it was dealing with a ransomware incident. After an investigation, the company said the […]
Disgruntled Cloud Engineer Sentenced to Two Years in Prison for Intentionally Damaging His Former Employer’s Computer Network After He Was Fired
Miklos Daniel Brody Retaliated Against His Former Employer, a Bank, byDamaging the Bank’s Cloud System and Stealing Valuable Computer Code SAN FRANCISCO – Miklos Daniel Brody was sentenced to 24 months in prison todayfor a network intrusion and for making false statements to a governmentagency, announced United States Attorney Ismail J. Ramsey and United StatesSecret […]
Ukraine’s top mobile operator hit by biggest cyber attack of war so far
Reuters reports: Ukraine’s biggest mobile network operator, Kyivstar, was hit on Tuesday by what appeared to be the biggest cyber attack of the war with Russia so far, knocking out mobile and internet services for millions. Kyivstar has 24.3 million mobile subscribers – more than half of Ukraine’s population – as well as over 1.1 […]