A Russian national pleaded guilty in U.S. federal court for his role in developing TrickBot. Operators of the malware targeted hospitals and healthcare centers with ransomware attacks during the height of the novel coronavirus pandemic. Vladimir Dunaev faces up to 35 years in prison.
The U.S. federal government Wednesday added cryptocurrency mixer Sinbad.io to a growing blacklist of virtual asset platforms under sanctions that prevent Americans from doing business with them. The FBI seized the Sinbad website in an international operation.
The world's largest cryptocurrency exchange will withdraw from the U.S. market after now-former chief executive officer Changpeng Zhao pleaded guilty to felony money laundering charges in a U.S. court and the company agreed to pay $4.3 billion into federal coffers.
Binance Chief Executive Changpeng Zhao will plead guilty to violating anti-money laundering statutes in U.S. federal court in a settlement ending an investigation into illicit transactions at the world's largest cryptocurrency exchange. The company will pay $4.3 billion in fines and forfeiture.
A ransomware attack affecting the New York financial services subsidiary of the Industrial and Commercial Bank of China resulted in disruptions to the U.S. Treasury market. Close observers of the criminal underground say ransomware-as-a-service group LockBit is responsible.
The Biden administration is backing down from efforts to make cybersecurity a component of safety assessments of water systems, months after federal judges ordered the EPA to halt those efforts. The agency said it would make the security of operational technology a factor in sanitary surveys.
Tens of thousands of knockoff Android products manufactured in China including TV streaming boxes reached consumers infected with malware, say cybersecurity researchers. Human Security says it uncovered a related operation that earned millions per month in an online advertising fraud scheme.
Sony is investigating an apparent leak of internal data posted onto the dark web and a criminal hacking board by separate criminal actors. Sony is saying little other than, "We are currently investigating the situation, and we have no further comment at this time."
Chinese espionage hackers behind an eight-month campaign to hack Barracuda email security appliances intensified their focus on high-priority targets around the time the company moved to fix the zero-day flaw behind the campaign. A custom backdoor suggests China was prepared for remediation efforts.
U.S. authorities Tuesday said they permanently dismantled the notorious Qakbot botnet in an international operation that seized 52 servers and nearly $9 million worth of cryptocurrency. Law enforcement identified more than 700,000 computers infected with the Qakbot malware.
The FBI urged the immediate removal of previously hacked email security appliances made by Barracuda Networks, injecting fresh urgency into the push to stymie what's been called the broadest Chinese cyber spying campaign in years. Mandiant linked the hack to Beijing with "high confidence."
U.S. President Joe Biden signed an executive order limiting investment in Chinese companies that develop advanced technologies including artificial intelligence. The order is the latest national security barrier the United States has mounted against Chinese access to American markets and investment.
The Biden administration says it wants to get ahead of ransomware attacks against schools before K-12 education resumes in the fall. "We must take cyberattacks on our schools just as seriously as we take physical attacks on critical infrastructure," said Cindy Marten, education deputy secretary.
Pro-Russian and self-declared "hacktivist" group Anonymous Sudan appears to use expensive online infrastructure to perpetuate distributed denial-of-service attacks, undermining its claim to be a volunteer group operating from an impoverished East African country.
Microsoft says a newly identified Russian military intelligence threat actor uses noisily destructive payloads in a bid to intimidate mostly Ukrainian targets. The computing giant dubs the threat actor Cadet Blizzard and says it carried out the January 2022 WhisperGate attacks against Ukraine.