The arrest of a married New Yorker couple, charged with laundering bitcoins worth $3.6 billion that were stolen from a currency exchange in 2016, highlights the risk facing anyone who wants to launder large amounts of cryptocurrency and stay free long enough to enjoy their alleged rap career.
Israeli officials announced they will set up a commission of inquiry to investigate reports that the nation's police force used the flagship spyware of Israeli firm NSO Group, called Pegasus, to hack the phones of Israeli public officials, journalists and activists.
The House of Representatives on Friday passed a bill that Democratic lawmakers say will help the U.S. compete with China economically when it comes to manufacturing semiconductor chips and bolstering both supply chains and the technology workforce.
The U.S. Department of Justice's Transnational Elder Fraud Strike Force has indicted six India-based call centers for using IRS scams that targeted U.S. senior citizens. Indian law enforcement agencies have also been cracking down on fake call centers running IRS-related fraud.
U.S. lawmakers have introduced a bill that would bring "new transparency and oversight of software, algorithms and other automated systems" making "critical decisions" for American life. The bill - an updated version of a 2019 proposal - would also combat bias in the use of such technologies, its sponsors say.
Some of the biggest cybercrime-focused darknet markets selling stolen payment card data, passwords, malware and more have retired in the past year, with administrators oftentimes boasting it's because they've gotten rich. As they exit, other players remain ready to grab their market share, experts say.
India’s Union Budget 2022 resolves some of the uncertainty around the legitimacy of crypto assets. While crypto assets will not be considered as currency, Finance Minister Nirmala Sitharaman announced that the Reserve Bank of India will be launching a blockchain-based digital rupee this year.
U.S. DHS Secretary Alejandro Mayorkas confirmed on Thursday that the department is establishing a Cyber Safety Review Board, as directed by President Joe Biden's sweeping cybersecurity executive order signed in May 2021. The board aims to mirror the work of the National Transportation Safety Board.
The House Oversight and Reform Committee today advanced its version of the Federal Information Security Modernization Act of 2022, which entails cybersecurity updates for federal civilian agencies. The bipartisan measure was sent to the full House on a voice vote.
Two major EU pieces of legislation - the Digital Markets Act and the Digital Services Act - are about to change the digital landscape.
Academic Victoria Baines discusses how the proposed legislation might be problematic for information security.
Democratic lawmakers outlined several provisions of the proposed America COMPETES Act, a measure to counter anti-competitive actions taken by China. Crypto advocates were quick to criticize one measure they say could have caused privacy and due process concerns. The language has now been amended.
The European Systemic Risk Board has proposed a new systemic cyber incident coordination framework called EU-SCICF. This framework will be designed to counter any major cross-border cyber incidents in the financial sector space with a coordinated response.
In the first of a planned series of articles looking at strategies that have helped her and her teams over the years to not just survive a stressful environment, but thrive in it, cybersecurity executive and CyberEdBoard executive member Kerissa Varma offers this: Be a human, not a terminator.
Israeli spyware company NSO's flagship product, Pegasus, was tested by the FBI, according to reports, prior to the company being sanctioned by the U.S in the wake of revelations of misuse of its tools. Now, U.S. venture capital company Integrity Partners is in negotiation to take control of the company.
Citing "potential security threats," the U.S. Federal Communications Commission voted to ban Chinese telecommunications carrier China Unicom from providing services within the U.S. The FCC's Order on Revocation directs the company to discontinue its services within 60 days.
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