Cybercriminal Connected to Multimillion Dollar Ransomware Attacks Sentenced for Online Fraud Schemes

An Estonian man was sentenced today to 66 months in prison for his years-long role in furthering and facilitating computer intrusions, the movement of fraudulently obtained goods and funds, and the monetization of stolen financial account information. … Continue reading Cybercriminal Connected to Multimillion Dollar Ransomware Attacks Sentenced for Online Fraud Schemes

Data leak at Desjardins: Industry watchdog wants to ban mortgage broker

Hugo Joncas reports (machine translation follows): Mathieu Joncas, who is also a private lender, bought confidential information on “150,000 to 200,000” Desjardins customers without ensuring their consent. During the hearings, he admitted h… Continue reading Data leak at Desjardins: Industry watchdog wants to ban mortgage broker

HI: Police: Suspect accused of hacking bank’s system could have hit other institutions

Hawaii News Now reports: Police are urging Hawaii banks, businesses and government institutions to see if a hacking suspect was spotted on their surveillance video. Kobina Nyarku, 30, has been charged with two felonies for allegedly hacking into Centra… Continue reading HI: Police: Suspect accused of hacking bank’s system could have hit other institutions

Elephant Beetle: Stealthy Hacker Group Stole Millions Undetected

Damir Mujezinovic reports: Israeli cybersecurity firm Sygnia released a report in January 2022 revealing that a hacker group dubbed Elephant Beetle siphoned off millions from businesses in the financial sector in Latin America. […] To carry out i… Continue reading Elephant Beetle: Stealthy Hacker Group Stole Millions Undetected

Ukrainian defense ministry hit by DDoS during tense standoff with Russia

Corin Faife reports: On Tuesday, Ukraine’s Ministry of Defence suffered from a DDoS attack that prevented users from accessing its website, and two Ukrainian banks lost access to online banking services, according to statements from the government. In … Continue reading Ukrainian defense ministry hit by DDoS during tense standoff with Russia