Two Russian Nationals Plead Guilty in LockBit Ransomware Attacks

July 19, 2024 at 09:54AM Two Russian nationals plead guilty in U.S. court for their involvement in the LockBit ransomware scheme, facilitating attacks worldwide. Ruslan Magomedovich Astamirov and Mikhail Vasiliev were accused of deploying the ransomware, demanding and receiving millions in ransom payments. Their sentencing is set for January 8, 2025. This comes after the … Read more

Meta Halts AI Training on EU User Data Amid Privacy Concerns

June 15, 2024 at 03:54AM Meta is postponing the training of its large language models using adult user content from Facebook and Instagram in the EU after a request from the Irish DPC. Meta plans to use personal data but is facing regulatory backlash for not seeking explicit consent. The delays affect bringing AI benefits … Read more

Russian Operator of BTC-e Crypto Exchange Pleads Guilty to Money Laundering

May 7, 2024 at 05:42AM Russian operator Alexander Vinnik pleaded guilty to money laundering charges from 2011 to 2017 related to the BTC-e cryptocurrency exchange. Accused of managing BTC-e which facilitated criminal transactions, Vinnik’s actions led to over $121 million in losses. The exchange received billions in transactions and has faced penalties for violating anti-money … Read more

U.S. Treasury Hamas Spokesperson for Cyber Influence Operations

April 13, 2024 at 10:45AM The U.S. Treasury Department imposed sanctions on a Hamas official, Hudhayfa Samir ‘Abdallah al-Kahlut, for his involvement in cyber influence operations and his role in the military wing. Two others, William Abu Shanab and Bara’a Hasan Farhat, were sanctioned for their involvement in manufacturing UAVs for Hamas. The European Union … Read more