In Britain, the National Crime Agency and the Financial Conduct Authority warn that the number of "clone firm" scams has significantly increased during the COVID-19 pandemic. Over a six-month period, these fraudulent schemes have led to more than 78 million pounds ($107 million) in losses for victims.
With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels. They're also calling for a review of cyber insurance payouts being used to fund ransoms.
The new Biden administration has pledged to hold Russia accountable for its recent "reckless and adversarial" actions and has ordered a full-scale intelligence review of the SolarWinds hack. The moves signal the importance of cybersecurity to President Biden's national security agenda.
Privacy watchdogs in Europe have imposed fines totaling more than $330 million since the EU's General Data Protection Regulation went into full effect in May 2018, according to law firm DLA Piper. Over the past year, regulators received 121,000 data breach notifications, up 19% from the year before.
President-elect Joe Biden's $1.9 trillion plan for COVID-19 relief includes nearly $10 billion in cybersecurity and IT spending. Some security experts hope the amount as just a "down payment" toward a broader effort.
The prospects for passing a U.S. privacy law will improve under the Biden administration, predicts attorney Kirk Nahra, who offers a legislative outlook.
Terabytes' worth of posts, images and videos from conservative social media site Parler have been forcibly obtained by security researchers who have archived the material for investigators in the wake of the violent riot at the U.S. Capitol.
A Russian national who pleaded guilty to hacking JPMorgan Chase and other financial institutions has been sentenced to 12 years in federal prison. The hacking scheme affected more than 100 million bank customers.
From contact tracing to data transfer to the new California Privacy Rights Act, 2021 already is shaping up to be a big year for privacy. Trevor Hughes, CEO and president of the International Association of Privacy Professionals, offers a "state of privacy" overview.
A U.K. court denied Julian Assange bail Wednesday as the U.S. Justice Department prepares to appeal a judge's ruling earlier this week rejecting its request to extradite the WikiLeaks founder to the U.S. to face criminal charges. Assange will remain in a high-security prison during the appeals process.
A SolarWinds shareholder has filed a lawsuit claiming the company included misleading statements - regarding the security of its products - in its filings with the U.S. Securities and Exchange Commission.
Lawmakers who participated in the bipartisan Cyberspace Solarium Commission applauded Congress' override of President Donald Trump's veto of the National Defense Authorization Act, pointing to its 77 cybersecurity provisions, including restoration of the position of national cyber director at the White House.
A British judge has denied a Justice Department request to extradite WikiLeaks founder Julian Assange to the U.S. to face criminal charges related to hacking government computers and then publishing classified information. U.S. prosecutors plan to appeal.
The attorneys general of 27 states have entered into a $2.4 million settlement with Sabre Corp. to resolve a lawsuit tied to a 2017 data breach that struck the company's Sabre Hospitality Solutions hotel booking system, compromising 1.3 million payment cards.
Ticketmaster has agreed to pay a $10 million criminal fine to resolve charges that the company illegally accessed an unnamed competitor's computer system on at least 20 separate occasions, using stolen passwords to conduct a cyber espionage operation.
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