Day: September 8, 2022

North Korea Avoids Tornado Cash After US Imposes Sanctions

Blockchain & Cryptocurrency , Cryptocurrency Fraud , Fraud Management & Cybercrime Chainalysis Says It Helped Recover $30 Million in Hacked Ronin Bridge Crypto Rashmi Ramesh (rashmiramesh_) • September 8, 2022     Sanctions imposed by the United States on Tornado Cash are causing North Korean hackers to avoid the cryptocurrency mixer, helping law enforcement seize …

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Thoma Bravo, Darktrace Ax Deal Over Disagreement on Terms

Artificial Intelligence & Machine Learning , Next-Generation Technologies & Secure Development Private Equity Firm’s Latest Take-Private Deal Splinters on Negotiating Table Michael Novinson (MichaelNovinson) • September 8, 2022     Thoma Bravo halted efforts to buy publicly traded cybersecurity AI vendor Darktrace this week after the two sides failed to reach an agreement on terms. …

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Thief Steals $370,000 in Avalanche-Linked Flash Loan Attack

Blockchain & Cryptocurrency , Cryptocurrency Fraud , Fraud Management & Cybercrime Victim Nereus Offers ‘No Questions Asked’ Reward for Return of Stolen Funds Rashmi Ramesh (rashmiramesh_) • September 8, 2022     Image: Shutterstock An attacker stole at least $370,000 worth of USDC stablecoins from a smart contract on the Avalanche blockchain in a flash …

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ACRE acquires SISCO to expand market reach

ACRE has completed its acquisition of Security Identification Systems Corporation (SISCO). The combination of ACRE’s security technology portfolio with SISCO’s solutions for credentialing and visitor management fortifies the ability to deliver a wide range of complementary technology options to ACRE’s customer base. Founded in 1994 in South Florida, SISCO has been dedicated to developing visitor …

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EFF to California Governor: Protect Abortion Data Privacy

In the wake of the Supreme Court’s Dobbs decision, anti-choice sheriffs and bounty hunters will try to investigate and punish abortion seekers based on their internet browsing, private messaging, and phone app location data. Legislators must act now to protect this personal data. Reproductive justice requires data privacy. That’s why EFF urges California Governor Gavin …

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Dump these small-biz routers, says Cisco, because we won’t patch their flawed VPN

Cisco patched three security vulnerabilities in its products this week, and said it will leave unpatched a VPN-hijacking flaw that affects four small business routers. Those small-biz routers – the RV110W Wireless-N VPN Firewall, RV130 VPN Router, RV130W Wireless-N Multifunction VPN Router, and RV215W Wireless-N VPN Router – have reached their end-of-life (EoL) and the …

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Carbyne raises $56M to accelerate the digital transformation of emergency contact centers

Carbyne has raised $56 million in Series C funding. Cox Enterprises and Hanaco Growth Fund co-led the latest round, joined by new investors Valor Equity Partners, General Global Capital, TalC, and Sandiip Bhammer alongside existing investors including Founders Fund, FinTLV, Elsted Capital Partners, and former CIA Director General David Petraeus. The company has raised $128 …

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Appgate Technology Alliance Partnership program helps organizations adopt zero trust

Appgate has launched its Technology Alliance Partnership program and four of the program’s featured partners are: Illumio, Menlo Security, CrowdStrike and Amazon Web Services (AWS). Appgate’s Technology Alliance Partnership program is designed to help organizations unlock greater performance from their cybersecurity investments and accelerate zero trust security adoption. This growing ecosystem of partners demonstrates Appgate’s …

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Hidden Uber Hack Fouled FTC Deal, Ex-Agency Atty Testifies

By Bonnie Eslinger (September 8, 2022, 10:35 PM EDT) — After Uber belatedly revealed a 2016 data breach, the Federal Trade Commission pulled and reworked an almost finalized settlement over the ride-hailing company’s 2014 data breach, a former FTC attorney who is now with Baker Botts LLP testified Thursday in the criminal trial of an …

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Hidden Uber Hack Fouled FTC Deal, Ex-Agency Atty Testifies

By Bonnie Eslinger (September 8, 2022, 10:35 PM EDT) — After Uber belatedly revealed a 2016 data breach, the Federal Trade Commission pulled and reworked an almost finalized settlement over the ride-hailing company’s 2014 data breach, a former FTC attorney who is now with Baker Botts LLP testified Thursday in the criminal trial of an …

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GameStop “wiretapped” customers without consent, claims lawsuit

GameStop is getting sued over privacy violations in California. According to a lawsuit filed Tuesday with the US Central District Court of California, the company has been “wiretapping” online customer service chats and selling the transcripts to a third-party marketing firm. This practice is not uncommon, but most companies make…Read more

Intel names Shlomit Weiss SVP and GM of Design Engineering

Intel Corporation has unveiled that Shlomit Weiss, senior vice president and co-general manager (GM) of the Design Engineering Group (DEG), will replace senior vice president Sunil Shenoy, who will retire at the end of the year. Weiss will lead the company’s design, development, validation and manufacturing support of intellectual properties (IPs) and system-on-chips (SoCs), reporting …

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Mandiant ‘highly confident’ foreign cyberspies will target US midterm elections

Mandiant is “highly confident” that foreign cyberspies will target US election infrastructure, organizations, and individuals in the run-up to the November midterm elections. Based on recent activity by various threat groups, as well as previous election targeting, the security firm expects nation-state backed gangs in Russia, China, and Iran will attempt to pull off cyberespionage …

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Cyberattack Leads Albania to Sever Relations with Iran

Cyberattacks can force organizations to change all sorts of things about their operations and cyber policies, but completely cutting off another country? This could be a first. Albania has announced it will be severing all diplomatic relations with the Islamic Republic of Iran after a cyberattack in July targeted the government’s digital infrastructure and public …

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CISA adds 12 new flaws to its Known Exploited Vulnerabilities Catalog

CISA added 12 more security flaws to its Known Exploited Vulnerabilities Catalog including four D-Link vulnerabilities. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) added 12 new vulnerabilities to its Known Exploited Vulnerabilities Catalog, including four vulnerabilities in D-Link routers, two Chrome zero-day issues, and a recently disclosed flaw in the QNAP Photo Station. According to Binding Operational …

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UnitedHealth Deal Is 'Not A Merger To Monopoly,' Judge Says

By Bryan Koenig (September 8, 2022, 9:59 PM EDT) — The D.C. federal judge who will decide the fate of UnitedHealth’s $13.8 billion bid for Change Healthcare challenged the U.S. Department of Justice during closing arguments Thursday on its assertions that the deal will create a monopoly for health insurance claims processing technology, repeatedly noting …

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UnitedHealth Deal Is 'Not A Merger To Monopoly,' Judge Says

By Bryan Koenig (September 8, 2022, 9:59 PM EDT) — The D.C. federal judge who will decide the fate of UnitedHealth’s $13.8 billion bid for Change Healthcare challenged the U.S. Department of Justice during closing arguments Thursday on its assertions that the deal will create a monopoly for health insurance claims processing technology, repeatedly noting …

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US Law Enforcement Shutters Carder Marketplace

Card Not Present Fraud , Cybercrime , Fraud Management & Cybercrime US, Europe Take Action on Marketplace for Selling Personal Data Mihir Bagwe (MihirBagwe) • September 8, 2022     Banner posted on the seized domains (Source: wt1shop.net) Portuguese authorities seized an online marketplace selling millions of Social Security numbers, payment cards and other credentials …

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State Department bounty program for cybercriminal tips has 'born fruit,' top FBI official says

Written by Suzanne Smalley Sep 8, 2022 | CYBERSCOOP The State Department’s program offering rewards of up to $10 million for tips leading to the apprehension of cybercriminals is paying off, FBI Assistant Director for Cyber Bryan Vorndran said Wednesday. “Recently the US government has also started to leverage something that was traditionally used in …

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Commerce Revises Export Rules to Boost US Standards Development on Critical Tech

The Commerce Department’s Bureau of Industry and Security drew praise from industry leaders for nixing a license requirement to release technology controlled by Export Administration Regulations—so long as it is for “standards-related activity.” “This interim final rule … amends the Export Administration Regulations to authorize the release of specified items subject to the EAR without …

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