Perera is editorial director for news at Information Security Media Group. He previously covered privacy and data security for outlets including MLex and Politico.
The United States hit Iran with a new round of sanctions after linking Tehran with the July cyberattack against Albania. The sanctions are more symbolic than material in effect but send a message that hacking U.S. allies has consequences.
Albania cut diplomatic ties with Iran following a July cyberattack that disrupted the country's online governmental services portal. Prime Minister Edi Rama today said he gave Iranian diplomats 24 hours to depart the country after establishing Iranian responsibility for the cyberattack.
The NFL's San Francisco 49ers will notify more than 20,000 Americans that online attackers likely stole their name and Social Security number from the sports franchise's corporate network in a February network security incident. Ransomware-as-a-service group BlackByte took credit for the attack.
Cyber criminals are running scripting attacks on e-commerce sites that attempt to complete small payments by automatically inputting payment card numbers based on the Ally Bank identification number. There are no indications of a data breach at Ally Bank, says a source close to the fraud detection.
The U.S. Consumer Financial Protection Bureau is warning lenders they can be liable for data breaches for causing consumers "substantial injury." To avoid liability, the bureau recommends that banks implement multifactor authentication and especially Web Authentication.
U.S. companies could see new cybersecurity rules and restrictions on consumer data collection under a rule-making process initiated by the FTC. No regulatory outcome is guaranteed, but today's advanced notice of proposed rule-making is a first step to new data security and privacy regulations.
The federal government today sanctioned Tornado Cash. The Department of Treasury ordered assets of the Ethereum blockchain cryptocurrency mixer to be frozen and says civil and potentially criminal penalties await anyone under U.S. jurisdiction who uses the service.
The Federal Financial Institutions Examination Council is asking for comments regarding the Cybersecurity Assessment Tool, the ostensibly voluntary way for banks and credit unions to self-assess exposure to risk and the maturity of their cybersecurity.
A top federal regulatory official urged financial institutions to implement multifactor authentication for all nonpublic systems, telling an audience of financial executives that a majority of breaches could be avoided or mitigated through basic cybersecurity controls.
Cryptocurrency trading platform Robinhood Crypto will pay $30 million to the state of New York after an investigation revealed deficiencies in its cybersecurity and anti-money laundering programs. The company will also retain an independent consultant who will monitor remediation efforts.
The chairman of the U.S. House Intelligence Committee vowed more action against makers of advance spyware such as Israel's NSO Group while witnesses pressed the panel to commit the intelligence community's resources to disrupting spyware companies.
The National Institute of Standards and Technology today announced a first group of encryption algorithms designed to withstand the assault of a future quantum computer. Selection of the four algorithms comes after six years of evaluation by the U.S. federal agency.
Cryptocurrency experts are fingering North Korea as likely responsible for the cryptocurrency theft of $100 million from the Harmony Horizon bridge. North Korea fuels its nuclear weapons program with stolen cryptocurrency used to dodge international sanctions that prevent ready access to cash.
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