Republican lawmakers have expressed additional concerns around Chinese telecom giant Huawei to the nation's top diplomat. In a letter to Secretary of State Antony Blinken, Sen. Tom Cotton and Rep. Mike Gallagher outline Huawei's global cloud services and seek answers on privacy concerns.
As the Senate Homeland Security Committee considers new cyber rules and regulations for U.S. critical infrastructure, lawmakers heard testimony from CISA's Jen Easterly and National Cyber Director Chris Inglis on Thursday in support of these measures, which include updates to FISMA.
U.S. FBI and Department of Homeland Security leaders fielded several cybersecurity questions from House lawmakers Wednesday, particularly around the surge in ransomware attacks, diplomatic efforts to curb ransomware's financial model, and the nation-states that harbor cybercriminals.
The U.S. Department of the Treasury has blacklisted Russia-based cryptocurrency exchange Suex for allegedly laundering tens of millions of dollars for ransomware operators, scammers and darknet markets. It is the first such designation for a virtual currency exchange.
FBI Director Christopher Wray faced questions during a Senate hearing Tuesday concerning a published report that the bureau for almost three weeks withheld a decryption key that agents obtained from the ransomware gang that targeted software firm Kaseya.
The Biden administration may soon unveil plans to curtail the ransomware attacks that have crippled corporate networks this year. According to a report from The Wall Street Journal, the Treasury Department will announce sanctions and similar guidance designed to disrupt the ransomware model.
New York officials won a court order shuttering cryptocurrency trading platform Coinseed, after it allegedly defrauded thousands of investors out of millions of dollars, according to State Attorney General Letitia James. The court also awarded a $3 million judgment against Coinseed and its CEO.
A pair of House committees this week said they want to spend additional millions on cybersecurity by injecting funds into CISA and the FTC, as part of the debate over the Biden administration's $3.5 trillion budget proposal for 2022. Part of the money would help fulfill Biden's executive order.
Senior U.S. officials say that there have been no signs that Moscow has begun to crack down on ransomware-wielding criminals operating from inside Russia's borders. President Biden has called on Russia to act responsibly, and U.S. intelligence has been sharing information on top suspects.
U.S. SEC Chair Gary Gensler testified before the Senate on Tuesday and again called for comprehensive cryptocurrency regulations, citing a need to reduce cybersecurity risks, other market risks, and criminal efforts to defraud investors, while simultaneously advancing the space.
Massachusetts Attorney General Maura Healey says her office is probing the data breach at T-Mobile that exposed the personal information of 54 million people, including current, former and prospective customers of the carrier. The Federal Communications Commission is also investigating the incident.
The U.S. Department of Commerce this week announced the establishment of an artificial intelligence advisory committee set to counsel President Joe Biden and other federal agencies on issues ranging from privacy concerns to data security, along with global competition and inherent biases.
A Ukrainian national was extradited from Poland to the U.S. this week and now faces charges of conspiracy, trafficking in unauthorized access devices and trafficking in computer passwords, according to the Justice Department.
Nine months after discover of the attack that targeted SolarWinds and clients of its network monitoring tool, the incident continues to spur investigations into what happened. The SEC is reportedly probing those businesses involved, and lawmakers want answers about the breach of DOJ emails.
"Silence is gold." So says ransomware operator Ragnar Locker, as it attempts to compel victims to pay its ransom demand without ever telling anyone - especially not police. But some ransomware-battling experts have been advocating the opposite, including mandatory reporting of all ransom payments.
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