financial news
SEC settles with First American over massive data leak for nearly $500,000
The commission said First American's information security personnel spotted the vulnerability months earlier, but didn't fix it or notify company brass.
'That horse has left the barn': Secret Service official says ransom payments have fueled hacking sprees
“I think it’s a very small number of cases we actually hear about,” Secret Service official Stephen Nix said.
IRS, GAO at odds over cybersecurity requirements on tax preparers
IRS says it needs congressional action. The GAO disagrees.
Burgeoning ransomware gang Avaddon appears to shut down, mysteriously
The group had become increasingly prolific, but there were no clear answers for why Avaddon disappeared.
McDonald’s discloses hack of customer data in South Korea and Taiwan
The burger chain, which reported $19.2 billion revenue last year, becomes the latest fast food vendor to have customer data stolen by hackers.
Insurer paid $65,000 to help a city unlock ransomware in 2018. A second hack was more expensive.
The city of Azusa didn't disclose a payment in one incident, insurance paid up and now it's a victim again.
DOJ seizes $2.3 million in cryptocurrency payments from Colonial Pipeline ransomware attack
The seizure from DarkSide actors' virtual currency wallet is part of a Biden administration anti-ransomware barrage.
Government, industry scramble to prioritize ransomware amid fallout from pipeline, JBS breaches
There's some harmony on ransomware, even as both sides redouble their messages to each other.
FBI blames REvil gang for JBS ransomware hack as global meat supplier gets back to work
REvil, also called Sodinokibi, is an infamous hacking group perhaps best known for launching digital extortion attacks against Apple.
Team of romance scammers defrauded US victims out of $2.5M since 2016, DOJ says
The suspects, who hail from Nigeria, Ghana and the U.S., used websites like Facebook and Google to find victims seeking friendship, companionship and love.
