hacking News

EquiLend Restores Some Services After Cybersecurity Incident

Fintech firm EquiLend said on Friday some services, including trading and post-trading solutions, had been restored, more than a week after it suffered an outage due to unauthorized access to its systems. EquiLend, a company at the heart of securities …

Carmakers Failing Privacy Test. Owners Have Little or No Control over Data Collected

BOSTON (AP) — Most major car manufacturers admit they may be selling your personal information — though they are vague on the buyers, a new study finds, and half say they would share it with the government or law enforcement …

Cybersecurity Labeling for Smart Devices Aims to Help People Choose Those Less Vulnerable to Hacking

WASHINGTON (AP) — The Biden administration and major consumer technology players on Tuesday launched an effort to put a nationwide cybersecurity certification and labeling program in place to help consumers choose smart devices that are less vulnerable to hacking. Officials …

Google Backs Creation of Cybersecurity Clinics with $20 Million Donation

WASHINGTON (AP) — Free medical clinics and legal aid clinics, where college students and their instructors help their communities while also learning more about their professions, are now commonplace. Google hopes to add cybersecurity clinics to that list. Google CEO …

FBI Chief Says China Trying to ‘Ransack’ Western Businesses

FBI Director Christopher Wray warned Western companies that China aims to “ransack” their intellectual property so it can eventually dominate key industries, escalating a dispute between the world’s two largest economies over hacking. The Asian nation’s spies were snooping on …

Russian Businessman, Others Charged in Multi-Million Dollar Hacking Scheme

BOSTON–Five Russians including a Kremlin-linked businessman now in U.S. custody carried out a vast, $82 million insider trading scheme that allowed them to profit from corporate information stolen through hacking, U.S. authorities said on Monday. Vladislav Klyushin, the owner of …

Like ‘Terminator,’ High-Tech Cyber Crime to ‘Keep Coming’

NEW YORK — Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime – and the costly attacks are not going to stop, a top expert at insurer Sompo Holdings Inc said …

Ransomware Attacks on the Rise Even as Cyber Insurers Scale Back

Ransomware attacks increased in terms of both severity and costs this year, forcing insurers to become more selective and even scale back on the cover they offer against cyber crimes, a report from a leading insurer showed. The total costs …

6 Russian Officers Charged in ‘Destructive’ Hacking Campaign

WASHINGTON — The Justice Department announced charges against Russian intelligence officers in cyberattacks that targeted a French presidential election, the Winter Olympics in South Korea and American businesses. The case implicates the Kremlin unit that interfered in the 2016 U.S. …

Former Roommate of Accused Capital One Hacker Sentenced

SEATTLE — The former roommate of a woman accused of hacking Capital One banking company and at least 30 other organizations has been sentenced to four years in prison for illegally possessing firearms, according to federal prosecutors. Park Quan, 67, …