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Tag: combined

Justice Department disrupts botnet networks that hijacked 3 million devices

Authorities seized infrastructure powering four botnets that hijacked a combined three million devices and launched more than 300,000 DDoS attacks collectively, the Justice Department said Thursday. The botnets — Aisuru, Kimwolf, JackSkid and Mossad — enabled operators to sell access to the infected devices for various cybercrimes. The aftermath spanned thousands of attacks, including some…

Feds say another DigitalMint negotiator ran ransomware attacks and extorted $75 million

A 41-year-old South Florida man is accused of conducting at least 10 ransomware attacks and extorting a combined $75.25 million in ransom payments while he was working as a ransomware negotiator for DigitalMint.  Five of Angelo John Martino III’s alleged victims hired DigitalMint, which assigned Martino to conduct ransomware negotiations on their clients’ behalf —…

Myriad360 Adds Advizex as AI Work Gets Harder to Run

Myriad360 just announced the acquisition of Advizex Technologies, forming a larger combined company across enterprise infrastructure, AI platforms, and managed services. Together, the two companies represent more than $900 million in annual run-rate gross revenue. Companies share mutual focus on enterprise but with complementary technical expertise Both companies have been working on many of the…

South Korea fines Louis Vuitton, Christian Dior, Tiffany $25M for SaaS security failures

South Korea’s data protection authority has handed down a combined KRW 36 billion (approximately US$25 million) in administrative fines to the local subsidiaries of three global luxury houses, after finding they failed to implement basic security controls while managing customer data through a SaaS platform. The Personal Information Protection Commission (PIPC), South Korea’s top privacy…