Collaborate Disseminate
New legislation would give the agency expanded powers to investigate crimes involving digital assets.
The post Bipartisan Senate bill calls for stronger Secret Service financial cybercrime probes appeared first on CyberScoop.
Kemba Walden, the former acting national cyber director, said that a ransom payment ban is the ultimate goal.
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The federal advisory committee will offer expert and industry advice to the agency.
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The incident reporting legislation, long in the works, also comes with nearly $2.6 billion for the agency for fiscal 2022.
The post Major cyber incident reporting requirement, CISA budget hike on precipice of becoming law appeared first on CyberScoop.
Dear blog readers,This is Dancho. In this post I’ll provide actionable intelligence on two individuals on the U.S Secret Service’s Most Wanted Cybercriminals list in particular – Oleksandr Vitalyevich Ieremenko including Danil Potekhin f… Continue reading Two Persons on the U.S Secret Service Most Wanted Cybercriminals List Run a Managed Android Malware Enterprise Including a Black Energy DDoS Botnet – An OSINT Analysis
After the multimillion-dollar extortions of Colonial Pipeline and meat processor JBS, a Secret Service official is urging organizations not to pay off hackers and underscoring that more victims need to come forward in order to help U.S. officials get a handle on the problem. “We’re in this boat we’re in now because over the last several years, people have paid the ransom,” Stephen Nix, assistant to the Special Agent in Charge at the U.S. Secret Service, said at CyberTalks, a summit presented by CyberScoop. “This is the monetization of security flaws. That’s what we’re looking at. That horse has left the barn.” Nix asked ransomware victims to tell law enforcement agencies details such as the cryptocurrency wallet, or account, used by the attackers in order to track them down. “I think it’s a very small number of cases we actually hear about,” he added. “If we don’t hear about it, […]
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A clearer picture of poor security practices in Oldsmar, Florida prior to the dangerous hack of its water treatment plant is beginning to emerge, even as an investigation into the matter continues one week after the incident. Three federal agencies teamed up with an organization that shares threat information between states to issue an alert late Thursday explaining how the breach, in which a hacker allegedly tried to raise sodium hydroxide levels to amounts that are harmful to humans, might have unfolded. Initial clues suggest the incident, which was detected before it amounted to a threat to public drinking water, was made possible by lax data protection strategies and exploitation of a software tool. “The cyber actors likely accessed the system by exploiting cybersecurity weaknesses, including poor password security, and an outdated operating system,” reads the alert from the FBI, Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency, Environmental […]
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International police say 10 suspects have been arrested for fraudulently accessing the phones of celebrities to steal about $100 million cryptocurrency as well as personal data throughout 2020. The sting included eight arrests in the United Kingdom as well as one in Malta and another in Belgium, according to Europol. The U.S. Secret Service, Department of Homeland Security and FBI were all involved in the operation, the U.K.’s National Crime Agency (NCA) said. As of Wednesday morning, it was unclear who the victims were, but the NCA said they included “well-known influencers, sports stars, musicians, and their families.” Neither Europol nor the NCA named the suspects. Victims’ phones were targeted via SIM swapping, police said. Unlike a direct hack on a person’s device, SIM swapping — also known as SIM hijacking — typically involves a little help from other humans. Scammers often take over a person’s digital profile by deactivating […]
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The U.S. Secret Service is pulling in outside expertise from the private sector and U.S. Cyber Command as it weighs changes to its investigative methods in an attempt to keep pace with international hackers. The engagement with Cyber Command, the Pentagon’s offensive cyber unit, is focused on learning from the military’s experience with transnational cybercriminals, a Secret Service official told CyberScoop. The Secret Service’s efforts to consult with private sector experts, meanwhile, is focused on specifically overhauling the agency’s investigative practices. The effort to consult with outside expertise comes as part of a recognition that the Secret Service lacks the latest techniques needed to root out financially motivated hackers. To formalize its interest in tapping into the private sector’s understanding of scammers’ latest tactics, the agency earlier this year established an advisory group composed of cybersecurity practitioners from the private sector, academia, and U.S. government, as CyberScoop first reported. Known as the Cyber Investigations Advisory Board (CIAB), the group met last week […]
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Traditional financial crime and cyberattacks are converging, requiring new skills and approaches to the problem, officials said. Continue reading Secret Service Creates Cyber Fraud Task Forces