Author: Ines Kagubare

State Dept. offers $10 million for information on Russian hackers

The State Department announced on Thursday that it was offering a reward of up to $10 million for information leading to the identity and location of five individuals believed to be tied to the Conti ransomware group. The agency accused the hackers, known by their online aliases as “Target,” “Reshaev,” “Professor,” “Tramp,” and “Dandis,” of participating in malicious…

Finland’s parliament hit with cyberattack following US move to admit the country to NATO

Finland’s parliament website was temporarily down on Tuesday following a cyberattack that coincided with President Biden’s move to admit the Nordic country to NATO. The Finnish parliament said in a statement on Twitter that a denial-of-service attack hit the parliament’s external websites at around 2:30 p.m. local time. “The Parliament takes steps to limit the attack together…

North Korean-sponsored crypto hacks on the rise, experts warn

Cybersecurity experts are warning against the rapid growth of cryptocurrency theft led by North Korean state-sponsored hackers following a series of heists targeting blockchain firms. Nick Carlsen, a blockchain analyst at TRM Labs, said cyber-enabled financial crimes, especially those allegedly conducted by North Korea, have accelerated over the past few years as the East Asian…

North Korea’s increasing use of crypto heists to fund nukes worries US

North Korea is increasingly using its crypto heists to fund its nuclear weapons program, worried U.S. officials say. “I’m very concerned about North Korea’s cyber capabilities,” Anne Neuberger, the Biden administration’s deputy national security adviser for cyber and emerging technology, said recently during an event hosted by the Center for a New American Security (CNAS)….

Treasury sanctions crypto ‘mixer’ for aiding hackers laundering illicit funds

The Treasury Department imposed sanctions on Monday against cryptocurrency mixer Tornado Cash for helping hackers launder more than $7 billion worth of virtual currency since it launched in 2019. According to the department, Tornado Cash has allowed cyber groups, including North Korean-backed hackers, to use its platform to launder the proceeds of cybercrimes. For instance, the Lazarus…

Hacker gained access to personal data following Twitter bug

Twitter announced on Friday that a hacker exploited a bug in its system and was offering to sell personal data they had obtained. The bug in question allowed an individual to submit an email address or a phone number and learn which specific account was associated with the information entered. Twitter said that the vulnerability was first…

Portman warns against overlap in government cyber leadership

Sen. Rob Portman (R-Ohio) on Wednesday said he was worried there are too many cooks in the kitchen when it comes to leading the federal government’s cyber security efforts. Portman’s remarks came during a nomination hearing for Nathaniel Fick, President Biden’s nominee to be the ambassador at large for a new cyber bureau launched within…

Congress takes aggressive stance against foreign spyware

Congress is seeking to ramp up U.S. defenses against the evolving threat of foreign spyware following recent incidents exposing its use on government officials, journalists and dissidents. Last week, the House Intelligence Committee passed the Intelligence Authorization Act, which included a provision authorizing the Director of National Intelligence to prohibit the U.S. intelligence community from…

House passes cyber bill aimed to protect energy sectors

The House passed bipartisan legislation on Wednesday that would address the rise of cyber threats against energy infrastructure in the United States. The Energy Cybersecurity University Leadership Program Act, a bill co-sponsored by Reps. Deborah Ross (D-N.C.) and Mike Carey (R-Ohio), was part of a block of bills that passed in a 336-90 vote. The bill…