financial news
FBI accuses Russian man of laundering money for a transnational cybercrime network
It's the latest update in the bureau's ongoing case against QQAAZZ, a transational money laundering operation.
FBI turns to insurers to grasp the full reach of ransomware
If victims don't report ransomware attacks to the FBI, insurers might be the next best source of information.
Malware from notorious FIN7 group is being delivered by snail mail
Not all suspicious USB sticks are a test.
Beazley: Ransomware claims more than doubled in the last year
These figures come as insurers continue to assess whether to pay the extortion fees that hackers impose on their clients.
Venture funding in security startups is falling. Don't blame the coronavirus.
Fewer deals could result in more money for the companies that do secure venture funding.
One private equity firm sells Checkmarx to another for $1 billion
Private equity deals usually involve mature companies, and typically result in restructuring with an eye on another sale in the future.
European police nab 26 suspects in SIM swapping dragnet
The attacks were anything but unique. Still, they worked.
FBI arrests alleged operator of a Russian hosting service meant for scammers
Kirill Victorovich Firsov said his website earned $17 million in sales, according to the FBI.
Accused LinkedIn hacker worked with alleged SEC hacker, according to DOJ filing
Yevgeniy Nikulin was in regular contact with Oleksandr Ieremenko, a Ukrainian national who allegedly hacked the U.S. Securities and Exchange Commission.
TA505 hacking crew spent much of 2019 trying to breach South Korea's financial sector
The Financial Security Institute said Friday that many of the phishing emails included malicious Microsoft Excel documents.
