cybercrime

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  • November 19, 2021
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U.S. financial regulators have approved a new rule that requires banking organizations to report any “significant” cybersecurity incident within 36 hours of discovery.  Under the rule, banks must inform their primary federal regulator about incidents that have — or are reasonably likely to materially affect — the viability of their operations, their ability to deliver […]
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  • November 17, 2021
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The U.S. government, along with counterparts in Australia and the U.K., have warned that Iranian state-backed hackers are targeting U.S. organizations in critical infrastructure sectors — in some cases with ransomware. The rare warning linking Iran with ransomware landed in a joint advisory Wednesday, issued by the Cybersecurity and Infrastructure Security Agency (CISA), the Federal […]
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  • November 15, 2021
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Cyber security startup Immersive Labs — which recently closed a $75 million Series C funding round giving it a significant war chest — is acquiring US-based cyber startup Snap Labs in an undisclosed deal, although Immersive says it’s a “multi-million dollar figure” and will be a mix of stock and cash. Snap Labs is understood […]
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  • November 10, 2021
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The Toronto Transit Commission has confirmed that the personal information of tens of thousands of employees may have been compromised as a result of a ransomware attack on its systems last month.  The TTC, which operates Toronto’s bus, subway, streetcar and paratransit systems, said in a statement that the compromised data includes the names, addresses […]
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  • November 5, 2021
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The U.S. Department of State is upping the ante in its fight against ransomware by offering a reward of up to $10 million for information that helps identify or track down leaders of the notorious DarkSide ransomware group. The State Department said it’s also offering as much as $5 million for information that leads to […]