Cybersecurity

US Partnering with Israel to Counter Ransomware, Regulate FinTech

Israel’s NSO Group represents just one aspect of the country’s lively tech industry, which may be about to get another energizing jolt from its government.

Cybersecurity

Most Employees Want Stronger Enforcement of Cybersecurity Protocols in the Workplace, Survey Finds

Two-thirds of respondents found National Institute of Standards and Technology guidelines to be “extremely” or “very” valuable.

Cybersecurity

Senators Urge Better Cyber Protection For K-12 Schools

A recent Government Accountability Office report dove into how virtual classrooms are increasing vulnerability to ransomware and other cyber threats.

Cybersecurity

U.S. Government Acts Against Alleged REvil Hackers

The Justice Department announced two indictments while the State Department offered $10 million for information on other conspirators. 

Cybersecurity

FDIC to Strengthen IT Security Following IG Audit

An audit found notable weaknesses within the FDIC’s information security processes.

Cybersecurity

FBI Warns of Ranzy Locker Hacks Against U.S. Companies 

More than 30 firms in various industries have been compromised by the ransomware as of July 2021 as Congress looks to combat the surge of digital attacks. 

Cybersecurity

Senate Committee Chair: ‘Ransomware Has Changed the Equation’

The recent attacks on food and gas supply chains shifted how Senate Homeland Security and Governmental Affairs Committee Chair Gary Peters prioritizes cybersecurity.

Cybersecurity

Russian Corruption Makes It Harder to Crack Down on Ransomware

Hackers who learned skills in government service are branching out “for their own personal enrichment,” Pentagon cyber leader says.

Cybersecurity

Justice Official Dangles Liability Protections to Encourage Private-Sector Breach Reports

Deputy Attorney General Lisa Monaco also promised to compensate whistleblowers who reveal federal contractors misrepresenting their cybersecurity posture.

Cybersecurity

Feds Urge Action Against BlackMatter Ransomware Based on Third-Party Tip

A joint advisory officially associates the notorious ransomware-as-a-service group with the Colonial Pipeline attack.

Cybersecurity

Treasury Analysis Identifies Cryptocurrency Exchanges Associated With Ransomware

The department is tracking a huge increase in ransomware disclosures but data suggests the events are still grossly underreported.

Cybersecurity

White House Unveils 32 Countries Invited to Participate in Ransomware Meeting

India, the United Kingdom, Australia and Germany will have leadership roles during the two-day event. Russia was not invited.

Cybersecurity

Biden Signs School Cybersecurity Bill

The Cybersecurity and Infrastructure Security Agency will study the cyber risks facing elementary and secondary schools and develop recommendations to assist schools in facing those risks.

Cybersecurity

Lawmakers Ask How They Can Help Agencies Fight Crypto-enabled Ransomware Hacks

A new bill would require public and private entities to report on ransomware payments, including the nature of currency used, to DHS within 48 hours.

Cybersecurity

DOJ Announces Cryptocurrency Enforcement Team

The group will include cybersecurity and anti-money laundering experts looking to crack down on ransomware and other criminal efforts. 

Emerging Tech

IRS’ Criminal Investigators Want Help Breaking into Physical Crypto Wallets

The agency’s digital forensics unit is looking for a small business to help make routine processes out of some nascent research into related hardware hacking techniques.

Cybersecurity

Treasury Sanctions First Cryptocurrency Exchange to Combat Ransomware 

The department also emphasized guidance for victim organizations who risk running afoul of enforcers by paying attackers and failing to report incidents.

Cybersecurity

Biden Calls for 'United Response' to Emerging Tech, Cyber Warfare in U.N. Speech

“It’s up to all of us to determine whether these technologies are a force to empower people or to deepen repression,” he said.

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