Cybercrime

In a stunning twist, U.S. authorities have arrested a British cyber-researcher credited with stopping the spread of the WannaCry ransomware virus on charges he helped develop and deploy the Kronos banking trojan that attacked financial institutions around the world in 2014. A federal grand jury in W...

A grand jury in the Northern District of California indicted a Russian man for running a massive money laundering operation through the BTC-e bitcoin exchange, a group of federal officials announced Wednesday. The exchange allegedly received up to $4 billion in proceeds from various criminal activit...

Recent ransomware threats have escalated into a global crisis, and cybersecurity experts and government authorities have redoubled their investigative efforts. Of grave concern is the possibility that the recent Petya attack had more sinister motives than typical ransomware operations, and that stat...

A new ransomware exploit dubbed "Petya" struck major companies and infrastructure sites this week, following last month's WannaCry ransomware attack, which wreaked havoc on more than 300,000 computers across the globe. Petya is believed to be linked to the same set of hacking tools as WannaCry. Pety...

Federal and state officials have confirmed that cyberattacks against state voting systems during the 2016 election were more widespread than previously disclosed to the public, but they said the heightened activity did not impact final vote tallies. The confirmations follow Tuesday's Bloomberg repor...

The WannaCry ransom attack that quickly circled the globe last week is not yet fully contained. So far, it has impacted more than 300,000 computers in 150 countries. However, one of the remarkable things about it is that only a trifling $100,000 in ransom, give or take, apparently has been paid. Hac...

Microsoft this weekend unleashed its wrath on the National Security Agency, alleging it was responsible for the ransomware attack that began last week and has spread to thousands of corporate, government and individual computer systems around the world. Microsoft Chief Legal Officer Brad Smith launc...

Authorities are investigating a massive ransomware attack that reportedly hit more than 45,000 computers in 74 countries worldwide, including the UK's NHS England national health service, international delivery service FedEx, and Spanish telecom firm Telefonica. Security experts have linked the expl...

More than 8,600 retail locations will shut down this year, following the 5,077 that closed last year, based on data from Credit Suisse. Moreover, 2017 could surpass 2008 -- the worst year for retail closures on record -- when 6,163 stores shut down operations. However, unlike 2008, when overall con...

TECHNOLOGY LAW CORNER

Why Are Health Records So Valuable to Cybercriminals?

Protecting the data in electronic health records did not start with the advent of HIPAA, as many people think. Protecting health records has been a critical requirement in the healthcare space since the computers became a fixture in hospitals. However, HIPAA added public reports of fines issued for ...

A Dun & Bradstreet database, 52 GB in size and containing more than 33.6 million records with very specific details, has been exposed. Cybersecurity researcher Troy Hunt, who received the database for study, on Wednesday confirmed that the records already were organized and developed as if inten...

A Dun & Bradstreet database, 52 GB in size and containing more than 33.6 million records with very specific details, has been exposed. Cybersecurity researcher Troy Hunt, who received the database for study, on Wednesday confirmed that the records already were organized and developed as if inten...

A Dun & Bradstreet database, 52 GB in size and containing more than 33.6 million records with very specific details, has been exposed. Cybersecurity researcher Troy Hunt, who received the database for study, on Wednesday confirmed that the records already were organized and developed as if inten...

The Justice Department has announced charges against four individuals, including two officers of Russia's FSB, for carrying out a massive cyberbreach that affected about 500 million Yahoo account holders. A federal grand jury in Northern California charged the defendants -- the FSB officials and two...

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