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Leader Of Russian Cybercrime Ring Pleads Guilty

PYMNTS

Infraud was created in 2010 by Svyatoslav Bondarenko, 34, of Ukraine, to promote and grow interest in the Infraud Organization as the premier destination for purchasing retail items with counterfeit or stolen credit card information online, the Justice Department alleged in the indictment. In April, a joint study by the U.S.

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Bitcoin Daily: ‘DeFi' Becomes Popular Crypto Rebranding Term; G7 Expresses Concern Over Ransomware

PYMNTS

Tao Network has been in existence since the middle of the 2010’s and now indicates that it is “building DeFi of entertainment.”. DeFi, which is also known as “decentralized finance,” has been included in an increasing wave of business promotions in 2020, Bloomberg reported.

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ESET Finds Malware That Could Target Power Supplies

PYMNTS

The recent attack on the Ukrainian power grid should serve as a wake-up call for all those responsible for the security of critical systems around the world,” warns ESET Senior Malware Researcher Anton Cherepanov in the release. This report on cybersecurity comes as Ukraine is becoming more of a hotbed for cyber criminals.

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FBI Investigating FDIC Cyberattack Linked to China: Report

American Banker

A 2010 cyberattack targeting the Federal Deposit Insurance Corp. — — believed to have originated in China — is reportedly the subject of an FBI investigation.

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Chinese Hackers Stole Living Will Data from FDIC, Lawmaker Claims

American Banker

The resolution plan data was accessed as part of a breach that initiated in October 2010 and continued for an extended period of time, eventually infecting the workstations of then FDIC Chairman Sheila Bair as well as other top agency officials.

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Putting FIs Through Cybersecurity Drills To Prepare For The Next Big One

PYMNTS

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). Since 2010, FS-ISAC has also invited members to participate in the organization’s Cyberattack Against Payment Systems (CAPS) exercises. We hadn’t done that before,” Nelson said.

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Girding For Iran’s Cyberattacks On The US — Where Past May Be Prologue

PYMNTS

A posting tied to the image stated the page had been “hacked by Iran Cyber Security Group Hackers. This is only [a] small part of Iran’s cyber ability! Get ready, then, for a scramble from chief information security officers and their teams to shore up various sites — on-premise and in the cloud.

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