Cybercrime

Concerns have mounted in recent weeks that the U.S. could fall victim to a targeted cyberattack, particularly in the face of Russian aggression in Eastern Europe. But a top cybersecurity expert said it is not the attack he fears, but rather the reaction of the American populous.

Concerns have mounted that Russia’s next move in the continuing threat of a Ukrainian invasion could target the U.S. in a cyberattack – a strategy experts argue is a battlefront already part of how global superpowers engage.

The release of COVID-19 federal relief funds has unleashed a wave of individuals and criminal networks responsible for what the Secret Service says is nearly $100 billion in stolen benefits.

The White House National Security Council is warning of a “heightened risk” of “malicious cyber” activities like ransomware surrounding the Christmas holiday, urging business leaders to update IT practices and to work with federal law enforcement to improve U.S. cybersecurity.

A New York City man is being charged with hacking into 59 Wegmans Food Market customer accounts and placing $10,000 in fraudulent orders.

The U.S. Justice Department has charged a suspect from Ukraine and a Russian national over a July ransomware attack on an American company, according to indictments made in court filings on Monday, and has seized $6 million in ransom payments.

Sinclair Broadcast Group confirmed Monday that it was hit by a ransomware attack over the weekend.

An industry marked as “off limits” to Russian hackers by President Biden was hit in a ransomware attack earlier this week when the operations of two farming co-ops in Iowa and Minnesota were disrupted.

Putin is directing full throttled attacks on the U.S. in the unregulated, wide-open, man-made domain of cyberspace, which has become the backbone infrastructure of 21st century commerce and free expression.

The U.S. Securities and Exchange Commission (SEC) has opened a probe into last year’s SolarWinds cyber breach, focusing on whether some companies failed to disclose that they had been affected by the unprecedented hack, two persons familiar with the investigation said on Monday.

Federal officials warned Tuesday of a heightened risk for ransomware attacks over Labor Day weekend and other upcoming holidays.

The hacker who is taking responsibility for breaking into T-Mobile US Inc.’s systems said the wireless company’s lax security eased his path into a cache of records with personal details on more than 50 million people and counting.

President Biden on Wednesday called on the private tech sector to “raise the bar on cybersecurity” in the United States.

President Biden on Wednesday afternoon will host a White House meeting focusing on cybersecurity with the leaders of several industries.

Amazon CEO Andy Jassy will be visiting the White House later this week, according to people familiar with the matter.

The State Department is the latest to fall victim to a cyberattack and the notification of a possible serious breach was made by the Department of Defense Cyber Command, a source told Fox News Saturday.

Top senators on the Senate Intelligence Committee introduced bipartisan legislation Thursday that seeks to sanction any nation involved in ransomware attacks against the U.S.

Data breaches cost companies an estimated $4.24 million per incident on average — a 17-year high, according to a Wednesday report from IBM.

A former eBay employee has been sentenced to a year and a half behind bars after pleading guilty to taking part in a harassment campaign against a Massachusetts couple along with other former employees of the auction site.

The IRS is warning taxpayers about a growing number of scams related to Child Tax Credit payments, which the agency just began sending to qualified households last week.