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FBI: $43 billion in losses are due to Business Email Compromise fraud between 2016 and 2021

Tech Republic Security

The post FBI: $43 billion in losses are due to Business Email Compromise fraud between 2016 and 2021 appeared first on TechRepublic. It also involves cryptocurrency more and more, providing an additional layer of anonymity to the cybercriminals.

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Russian Cyberattack against Ukrainian Power Grid Prevented

Schneier on Security

A Russian cyberweapon, similar to the one used in 2016, was detected and removed before it could be used.

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The Story of the Mirai Botnet

Schneier on Security

Over at Wired, Andy Greenberg has an excellent story about the creators of the 2016 Mirai botnet.

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Owners of DDoS-for-Hire Service vDOS Get 6 Months Community Service

Krebs on Security

A judge in Israel handed down the sentences plus fines and probation against Yarden Bidani and Itay Huri , both Israeli citizens arrested in 2016 at age 18 in connection with an FBI investigation into vDOS. ” This likely refers to 23-year-old Jesse Wu , who KrebsOnSecurity noted in October 2016 pseudonymously registered the U.K.

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My TED Talks

Schneier on Security

TEDxPSU 2010: “ Reconceptualizing Security ” TEDxCambridge 2013: “ The Battle for Power on the Internet ” TEDMed 2016: “ Who Controls Your Medical Data ?” I have spoken at several TED conferences over the years. ” I’m putting this here because I want all three links in one place.

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CISO Vincent Hoang on Cybersecurity in Hawaiian Government

Lohrman on Security

Vincent Hoang became the CISO in Hawaii in 2016. In this interview, Vince shares his journey and cyber priorities in protecting the Aloha State, particularly among the challenges presented by COVID-19.

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DDoS Mitigation Firm Founder Admits to DDoS

Krebs on Security

Preston was featured in the 2016 KrebsOnSecurity story DDoS Mitigation Firm Has History of Hijacks , which detailed how the company he co-founded — BackConnect Security LLC — had developed the unusual habit of hijacking Internet address space it didn’t own in a bid to protect clients from attacks.

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