Inside the $93 million Wall Street heist that stemmed from Russia

Inside the  million Wall Street heist that stemmed from Russia

The money Vladislav Klyushin made from stolen financial information literally piled up, filling a safe with stacks of hundred-dollar bills. At one point, he was hoarding over $3 million in illegal gains. In less than three years, Klyushin’s cybersecurity scam amassed more than $93 million. His company, M-13, acted as a front for Russian hackers … Read more

Google Has Unleashed Its Legal Fury on Hackers and Scammers

Google Has Unleashed Its Legal Fury on Hackers and Scammers

Following an ordeal over whether the defendants could obtain Russian passports, sit for depositions in Europe, and turn over work files, Google’s attorneys and Litvak traded accusations of lying. In 2022, US district judge Denise Cote sided with Google. She found in a 48-page ruling that the defendants “intentionally withheld information” and “misrepresented their willingness … Read more

Trump campaign says it was hacked by foreign actors

Trump campaign says it was hacked by foreign actors

Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate on August 08, 2024, in Palm Beach, Florida.  Joe Raedle | Getty Images The Trump campaign on Saturday said that a foreign hacker had breached its systems and gained access to internal communications. Politico began receiving leaked campaign documents … Read more

What is the EU’s Digital Operational Resilience Act? DORA, explained

What is the EU’s Digital Operational Resilience Act? DORA, explained

Traffic_analyzer | Digitalvision Vectors | Getty Images Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from the EU that require them to boost their cyber resilience. By the start of next year, financial services firms and their technology suppliers will have to make sure … Read more

CrowdStrike Faces a Potential Tsunami of Lawsuits. Only the Fine Print Can Save It, Experts Say

CrowdStrike Faces a Potential Tsunami of Lawsuits. Only the Fine Print Can Save It, Experts Say

On July 19, Jonathan Cardi and his family watched as the departures board at Raleigh-Durham International Airport in North Carolina, turned from green to a sea of red. “Oh my gosh, it was insane,” says Cardi. “Delayed, delayed, delayed, delayed.” Cardi, a law professor at Wake Forest University and a member of the American Law … Read more

New funding values email security firm Abnormal at more than $5 billion

New funding values email security firm Abnormal at more than  billion

Abnormal Security co-founders Sanjay Jeyakumar and Evan Reiser Abnormal Security Cybersecurity company Abnormal Security said Tuesday it has raised $250 million in a Series D funding round that values the firm at $5.1 billion. Abnormal’s latest funding round is being led by Wellington Management and includes existing investors Greylock Partners, Menlo Ventures, Insight Partners, as … Read more

Microsoft fires back at Delta after outage, says airline declined help

Microsoft fires back at Delta after outage, says airline declined help

Microsoft fired back at Delta Air Lines on Tuesday after the carrier said it would seek damages from the software giant and CrowdStrike for thousands of flight cancellations in the wake of a massive IT outage. Delta struggled more than rival airlines to recover from the outage, cancelling more than 5,000 flights in the days … Read more

How Russian hackers stole millions from U.S. investors

How Russian hackers stole millions from U.S. investors

WASHINGTON — The White House announced a massive, multinational prisoner swap Thursday between the United States, Russia and other nations. As part of the historic deal, the Russian government released high-profile Americans held in captivity there, including Wall Street Journal reporter Evan Gershkovich, who had been in a Russian prison for more than a year.  … Read more

Delta hires David Boies to seek damages from CrowdStrike, Microsoft

Delta hires David Boies to seek damages from CrowdStrike, Microsoft

Delta has hired prominent attorney David Boies to seek damages from CrowdStrike and Microsoft following an outage this month that caused millions of computers to crash, leading to thousands of flight cancellations. CrowdStrike shares fell as much as 5% in extended trading on Monday after CNBC’s Phil Lebeau reported on Delta’s hiring of Boies, chairman … Read more

Renewable energy growth leads FBI to warn hackers will hit new power

Renewable energy growth leads FBI to warn hackers will hit new power

An aerial view of homes in a housing development on September 08, 2023 in Santa Clarita, California. Mario Tama | Getty Images News | Getty Images As renewable energy generation expands across the U.S., the federal government is becoming more concerned about vulnerabilities in new systems being a target for cyberattacks.  The FBI recently warned … Read more