South Africa credit bureau breached, data reportedly held for $15 million ransom

South Africa tech news site ITWeb reported that a group calling itself N4aughtysecTU is taking responsibility.

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Emotet’s tax-season phishing is back with new tricks

Researchers at Cofense say the operators behind the Emotet botnet “have upped their game” for 2022’s tax season.

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SentinelOne to acquire identity security firm Attivo Networks for $616.5M

The acquisition of Attivo Networks “is a natural platform progression” for SentinelOne, said COO Nicholas Warner.

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Cyber Command chief tells Congress chip shortage has national security implications

China’s march toward chip independence is of “great concern” and could have “broader impacts,” he said. It’s an issue that dovetails with the Russia-Ukraine war.

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Canadian man accused of extorting $28 million in ransomware scheme extradited to U.S.

One of NetWalker’s alleged most prolific affiliates made his first court appearance in the U.S. Thursday.

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SEC weighs reporting requirements for publicly traded companies

The amendments follow a similar proposal the agency released last month aimed at tightening security for investment firms and advisers.

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SEC weighs reporting requirements for publicly traded companies

The amendments follow a similar proposal the agency released last month aimed at tightening security for investment firms and advisers.

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Biden prepares executive order on digital assets, including security measures

The White House says the executive order “the first ever, whole-of-government approach” to cryptocurrencies and other digital assets.

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FinCEN warns ransomware proceeds could be part of Russia sanctions evasion

As banks and other financial institutions work to honor the U.S. sanctions against Russia and monitor for efforts to evade them, the feds are warning that ransomware proceeds could be in the mix. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued guidance this week on the responsibility that private institutions have for detecting “sanctions evasion activity” and reporting it under the Bank Secrecy Act and other laws. The alert comes as federal lawmakers have expressed concern about the use of crypto to evade sanctions, and Bloomberg is reporting that the Biden administration is preparing an executive order on the topic this week. At least one big player in the cryptocurrency industry, the trading platform Coinbase, already has expressed a commitment to supporting sanctions from the U.S. and other nations looking to punish Russia for its invasion of Ukraine. Coinbase said it had blocked 25,000 accounts linked to Russian people […]

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