January 31, 2024 at 07:42AM The US Treasury Department imposed sanctions on two Egyptian cybersecurity experts accused of running a platform affiliated with the Islamic State group, offering cyber training and support for evading law enforcement and using cryptocurrencies. The individuals, Mu’min Al-Mawji Mahmud Salim and Sarah Jamal Muhammad Al-Sayyid, are wanted by the FBI … Read more
November 30, 2023 at 12:42PM The US government has seized Sinbad.io, a crypto mixer used by North Korea’s Lazarus Group to launder money from cyber heists. The sanction requires US persons to block and report any Sinbad property and prohibits dealings with the service. Lazarus has stolen over $2 billion in digital assets, continuing its … Read more
October 17, 2023 at 03:34PM The US Treasury Department and the Cyber Security Council of the United Arab Emirates have agreed to share more information on cybersecurity threats and incidents in the financial services industry. The partnership aims to improve cybersecurity through information sharing, staff training, study visits, and competency-building activities. This collaboration follows a … Read more