USG Increases Global Intellectual Property Protection Efforts

There is no denying the intellectual property (IP) of U.S. companies is flying out of the country. It doesn’t matter the sector; if your IP is of use to another, there is a likelihood that someone somewhere is targeting it. Recognizing this is a … Continue reading USG Increases Global Intellectual Property Protection Efforts

USG Increases Global Intellectual Property Protection Efforts

There is no denying the intellectual property (IP) of U.S. companies is flying out of the country. It doesn’t matter the sector; if your IP is of use to another, there is a likelihood that someone somewhere is targeting it. Recognizing this is a … Continue reading USG Increases Global Intellectual Property Protection Efforts

Best of 2018: Project Lakhta: Russian Meddling Gets Russians Indicted

As we close out 2018, we at Security Boulevard wanted to highlight the five most popular articles of the year. Following is the third in our weeklong series of the Best of 2018. The U.S. Department of Justice (DoJ) announced Feb.16 that a Federal gran… Continue reading Best of 2018: Project Lakhta: Russian Meddling Gets Russians Indicted

Two Russians sentenced to prison for role in hacks against U.S. companies

Two Russian men were sentenced to prison in the United States on Wednesday after they pleaded guilty to their roles in one of the largest hacking schemes to ever hit the U.S. Vladimir Drinkman, 37, was sentenced Wednesday to 12 years in prison and Dmitriy Smilianets, 34, to 51 months and 21 days in prison. The pair were arrested in the Netherlands in 2012 and pleaded guilty in 2015. Prosecutors said there were 17 corporate victims, and three of them alone lost more than $300 million combined. As friends in Moscow, Drinkman and Smilianets “targeted major corporate networks, compromised 160 million credit card numbers and resulted in hundreds of millions of dollars in losses,” according to the Justice Department. “Drinkman and Smilianets not only stole over 160 million credit card numbers from credit card processors, banks, retailers, and other corporate victims, they also used their bounty to fuel a robust underground market for hacked […]

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DOJ indicts leaders of cybercrime ring that allegedly stole $530 million

The U.S. Department of Justice arrested 13 cybercriminals from 17 countries, including the United States, from the Infraud dark web criminal carding and malware organization, the agency announced Wednesday. The group is charged with defrauding over $530 million from victims and $2.2 billion in losses, with the majority coming from crimes tied to identity fraud. A newly released indictment also names 23 other alleged members of Infraud who remain at large. In terms of scale of money stolen and international reach, the DOJ said Infraud is among the biggest in the world. “The sole purpose of the organization is the large scale acquisition and dissemination of stolen identities, compromised debit and credit cards, personally identifying information, computer malware and other products used to unlawfully enrich members and associates of the Infraud association,” Dale Eliason, U.S. Attorney of Nevada, said in a call with reporters. The alleged Infraud creator is Svyatoslav Bondarenko, […]

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