A Nigerian national was sentenced to eight years in prison for hacking multiple tax preparation firms in Massachusetts and filing fraudulent tax returns seeking over $8.1 million in refunds. […]
Tag: national
Global Security News, Network Security
Men sentenced to 8 years in $1.3 million computer intrusion and tax fraud scheme
Matthew A. Akande, a Nigerian national, was sentenced by a U.S. District Court to eight years in prison, followed by three years of supervised release, for his role in a scheme to break into Massachusetts tax preparation firms’ computer networks and file fraudulent tax returns. The operation generated over $1.3 million in fraudulent tax refunds.…
AI, Global Security News, Government & Policy, Risk Management
UK sounds alarm on rising cyber risks to businesses
The UK government launched a national campaign urging businesses to strengthen basic cyber defenses. The initiative follows new figures highlighting the scale of the threat. Serious cyber incidents cost businesses an average of £195,000, with about half of small firms experiencing one in the past 12 months, officials say. “No business is out of reach…
Global Security News
Police arrests distributor of JokerOTP password-stealing bot
The Dutch National Police arrested a 21-year-old man from Dordrecht as part of a cybercrime investigation by Team Cybercrime Oost-Brabant. The suspect is believed to have distributed a tool known as JokerOTP, a bot used to intercept one-time passwords (OTPs) used to secure online accounts and financial transactions. Police suspect the Dordrecht resident of selling…
Global Security News, Security
Romania’s oil pipeline operator Conpet confirms data stolen in attack
Romania’s national oil pipeline operator, Conpet S.A., confirmed that the Qilin ransomware gang stole company data in an attack last week. […]
AI, Breaking News, cyber crime, Cybercrime, Cybersecurity, data breach, Data Breaches, Global Security News, Government & Policy, Network Security, Security
Senegal shuts National ID office after ransomware attack
Senegal closed its national ID card office after a ransomware cyberattack disrupted ID, passport, and biometric services. Senegal confirmed a cyberattack on the Directorate of File Automation, the government office that manages national ID cards, passports, and biometric data. After ransomware claims surfaced, authorities temporarily closed the office to contain the incident. The agency warned…
blockchain, Compliance, Crypto, CryptoCurrency, Global Security News, Laws & Legalities
Navigating MiCA: A Practical Compliance Guide for European CASPs
MiCA creates a single EU crypto rulebook, replacing national regimes with unified licensing, capital, and compliance rules for all CASPs.
AI, Global Security News, Security
Fugitive behind $73M ‘pig butchering’ scheme gets 20 years in prison
A dual Chinese and St. Kitts and Nevis national was sentenced to 20 years in prison in absentia for his role in an international cryptocurrency investment scheme (also known as pig butchering or romance baiting) that defrauded victims of more than $73 million. […]
AI, ai safety, china, Cybersecurity, Europe, Exploits, Geopolitics, Global Security News, Government, Government & Policy, Politics, privacy, Risk Management, Russia
Critics warn America’s ‘move fast’ AI strategy could cost it the global market
The Trump administration has made U.S. dominance in artificial intelligence a national priority, but some critics say a light-touch approach to regulating security and safety in U.S. models is making it harder to promote adoption in other countries. White House officials have said since taking office that Trump intended to move away from predecessor Joe…
AI, Data Breaches, Exploits, Global Security News, Risk Management
ACCC: Australians living with disability at risk of exploitation by NDIS providers breaching consumer laws
The ACCC says participants in the National Disability Insurance Scheme (NDIS) are being targeted by NDIS providers’ deceptive advertising practices and other behaviours banned by consumer law, a new report has found. Whilst these practices are not universal, the scale and types of complaints the ACCC is hearing about is concerning.
AI, Breaking News, cyber crime, Cybersecurity, data breach, Global Security News, malware, Network Security, Security
Romania’s national oil pipeline firm Conpet reports cyberattack
Romania’s national oil pipeline operator Conpet said a cyberattack disrupted its business systems and temporarily knocked its website offline. Conpet is a state-controlled company that owns and operates the country’s crude oil, condensate, and liquid petroleum product pipeline network. Its main role is to transport oil from domestic production fields and import points to refineries…
AI, Breaking News, cyber crime, Cybersecurity, data breach, Global Security News, malware, Network Security, Security
Romania’s national oil pipeline firm Conpet reports cyberattack
Romania’s national oil pipeline operator Conpet said a cyberattack disrupted its business systems and temporarily knocked its website offline. Conpet is a state-controlled company that owns and operates the country’s crude oil, condensate, and liquid petroleum product pipeline network. Its main role is to transport oil from domestic production fields and import points to refineries…
AI, Breaking News, cyber crime, Cybersecurity, data breach, Global Security News, malware, Network Security, Security
Romania’s national oil pipeline firm Conpet reports cyberattack
Romania’s national oil pipeline operator Conpet said a cyberattack disrupted its business systems and temporarily knocked its website offline. Conpet is a state-controlled company that owns and operates the country’s crude oil, condensate, and liquid petroleum product pipeline network. Its main role is to transport oil from domestic production fields and import points to refineries…
AI, Breaking News, cyber crime, Cybersecurity, data breach, Global Security News, malware, Network Security, Security
Romania’s national oil pipeline firm Conpet reports cyberattack
Romania’s national oil pipeline operator Conpet said a cyberattack disrupted its business systems and temporarily knocked its website offline. Conpet is a state-controlled company that owns and operates the country’s crude oil, condensate, and liquid petroleum product pipeline network. Its main role is to transport oil from domestic production fields and import points to refineries…
Global Security News, Security
Romanian oil pipeline operator Conpet discloses cyberattack
Conpet, Romania’s national oil pipeline operator, has disclosed that a cyberattack disrupted its business systems and took down the company’s website on Tuesday. […]