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Justice Department unveils charges against alleged LockBit developer

The U.S. Department of Justice revealed charges Friday against Rostislav Panev, a dual Russian and Israeli national, for his alleged role as a developer in the notorious LockBit ransomware group. Panev was arrested in Israel following a U.S. provisional arrest request and is currently awaiting extradition. Authorities allege that Panev has been an instrumental figure…

Study finds ‘significant uptick’ in cybersecurity disclosures to SEC

The introduction of new cybersecurity disclosure rules by the U.S. Securities and Exchange Commission has led to a significant uptick in the number of reported cybersecurity incidents from public companies, according to a leading U.S. law firm that specializes in finance and M&A activity. Analysis by Paul Hastings LLP found that since the disclosure law…

Israeli court to hear U.S. extradition request for alleged LockBit developer

An Israeli Court is set to deliberate a significant extradition case involving Rostislav Panev, an Israeli citizen alleged to be involved with the notorious LockBit ransomware gang. According to Israeli news outlet Ynet, a U.S. extradition request was made public Thursday claiming that between 2019 and 2024, Panev served as a software developer for LockBit.…

Chinese cyber center points finger at U.S. over alleged cyberattacks to steal trade secrets

China’s national cyber incident response center accused the U.S. government of launching cyberattacks against two Chinese tech companies in a bid to steal trade secrets. In a notice Wednesday, the National Computer Network Emergency Response Technical Team/Coordination Center of China (CNCERT) said a suspected U.S. intelligence agency was behind the attacks, and that CNCERT had…

CISA pushes guide for high-value targets to secure mobile devices

The Cybersecurity and Infrastructure Security Agency unveiled a detailed set of guidelines Wednesday to safeguard the mobile communications of high-value government targets in the wake of the ongoing Salt Typhoon telecom breach. The guide aims to help both political and federal leadership harden their communications and avoid any data interception by the Chinese-linked espionage group.…

Playbook advises federal grant managers how to build cybersecurity into their programs

Two U.S. cyber agencies released guidance Tuesday on how federal grant managers should incorporate cybersecurity in their programs for critical infrastructure projects, as well as how potential recipients can take it into account. The Office of the National Cyber Director and the Cybersecurity and Infrastructure Security Agency publication — the “Playbook for Strengthening Cybersecurity in…

PHP backdoor looks to be work of Chinese-linked APT group

Cybersecurity researchers at a China-based cybersecurity company have uncovered an advanced PHP backdoor that suggests a new asset in the arsenal of Chinese-linked Advanced Persistent Threat group Winnti. Researchers at QiAnXin’s XLab discovered the backdoor, which they titled Glutton, targeting China, the United States, Cambodia, Pakistan, and South Africa. After initially discovering the malware in…

Cybercriminal marketplace Rydox seized in international law enforcement operation

The Justice Department announced Thursday that it had participated in a coordinated effort to seize and dismantle Rydox, an online marketplace for stolen personal information and cybercrime tools. The operation led to the arrest of three individuals alleged to be the site’s administrators. Rydox has been linked to over 7,600 illicit sales and generated substantial…

International crackdown disrupts DDoS-for-hire operations

In a sweeping international crackdown, law enforcement agencies from 15 countries, including the United States and multiple European nations, have dismantled 27 of the most popular platforms used for carrying out distributed denial-of-service (DDoS) attacks, Europol announced Wednesday. The operation, known as PowerOFF, has led to the arrest of three administrators in France and Germany…

Senators, witnesses: $3B for ‘rip and replace’ a good start to preventing Salt Typhoon-style breaches

The $3 billion that Congress folded into the annual defense policy bill to remove Chinese-made telecommunications technology from U.S. networks would be a huge start to defending against breaches like the Salt Typhoon espionage campaign, senators and hearing witnesses said Wednesday. Federal Communications Commission Chairwoman Jessica Rosenworcel recently told Hill leaders that the $1.9 billion…

Why Americans must be prepared for cybersecurity’s worst

The interconnected world we live in has brought incredible opportunities for growth in America. It’s made life better in ways we don’t think about — from the phone in your pocket to the groceries at your local store, networks touch and affect almost all aspects of our daily lives. But there is an old adage…

Why Americans must be prepared for cybersecurity’s worst

The interconnected world we live in has brought incredible opportunities for growth in America. It’s made life better in ways we don’t think about — from the phone in your pocket to the groceries at your local store, networks touch and affect almost all aspects of our daily lives. But there is an old adage…

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