BreachForums has been reincarnated. But as with all things related to BreachForums, its reincarnation has been accompanied by all kinds of drama. Act 1: The Prequel: Arrest and Chaos Act 1. Scene 1. BreachForums’s owner is arrested in New York. The arrest was made on March 15, but first hit the news on March 17….
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Chinese hackers spying on US critical infrastructure, Western intelligence says
Zeba Siddiqui and Christopher Bing report: A state-sponsored Chinese hacking group has been spying on a wide range of U.S. critical infrastructure organizations, from telecommunications to transportation hubs, Western intelligence agencies and Microsoft (MSFT.O) said on Wednesday. The espionage has also targeted the U.S. island territory of Guam, home to strategically important American military bases, Microsoft…
North Korea and Russia, notorious for hacking, team up on cybersecurity proposal
Shreyas Reddy reports: North Korea has thrown its weight behind a Russian effort to shore up global cyber “stability and security,” Moscow announced Tuesday, forming an unlikely coalition of states better known for instigating cyberattacks than stopping them. Belarus, Syria and Nicaragua also joined the two to submit the Concept of the U.N. Convention on…
Half of North Korean missile program funded by cyberattacks and crypto theft, White House says
Sean Lyngaas reports: About half of North Korea’s missile program has been funded by cyberattacks and cryptocurrency theft, a White House official said Tuesday. A sweeping US federal government effort is ongoing to understand how “a country like [North Korea] is so darn creative in this space,” Anne Neuberger, deputy national security adviser for cyber and emerging…
288 dark web vendors arrested in major marketplace seizure
Fromm Europol’s press release: In an operation coordinated by Europol and involving nine countries, law enforcement have seized the illegal dark web marketplace “Monopoly Market” and arrested 288 suspects involved in buying or selling drugs on the dark web. More than EUR 50.8 million (USD 53.4 million) in cash and virtual currencies, 850 kg of…
Major Cyber Insurance Overhaul Begins Now
Dan Lohrmann writes: One thing is clear about cyber insurance in the spring of 2023: The status quo is not sustainable. And now, Lloyd’s of London, a major player in the global insurance market, is calling for dramatic changes in the cyber insurance market. According to The Financial Times (FT), “From next month, Lloyd’s will require the dozens…