Esteban Cabrera Da Corte faces 63 months in prison after being caught as the mastermind of a gang running cryptocurrency scams. The scam cost both crypto exchanges and US banks more than $4 million in total. In 2020, Corte managed a crypto scam that saw him and his associates purchase $4 million in cryptocurrency. While buying crypto is completely legal, Corte and his associates reported the purchases as unauthorized. This caused the money to be redeposited in his account. He and his crew used linked bank accounts to transfer money between themselves to keep up the guise. The crew was able to ..read more

Healthcare software company Welltok is the latest major company to come forward about how it was affected by the MOVEit data breach. This time, the records of 8.5 million individuals who used Welltok’s services were compromised. The breach is one of the largest reported incidents in the Department of Health and Human Services (HHS) in 2023. “According to Welltok, it was notified by Progress Software on May 31, 2023, about a vulnerability in the platform and applied the patch and mitigations as recommended by Progress Software,” reads the HIPPA Journal. Earlier this year, the file transfer ser ..read more

The hack of Okta’s customer support system impacted far more customers than the 1% the company originally believed. The identity management giant said in a letter to clients Tuesday that hackers who compromised the system stole data from all of the cybersecurity firm’s customer support users. More specifically, the cybercriminals downloaded a report that included information on everyone that uses its customer support system. “All Okta Workforce Identity Cloud (WIC) and Customer Identity Solution (CIS) customers are impacted except customers in our FedRamp High and DoD IL4 environments (these ..read more

Beginning Friday, Google is moving ahead with the plan it announced months ago to purge accounts that have remained inactive for two years or more. This affects a wide range of Google services, including Gmail, Google Docs, Drive, Meet, Calendar, YouTube, and Google Photos, meaning all content sitting across an inactive Google suite account can be removed under the company’s new policy. Exceptions include school or business-managed accounts or personal accounts that have uploaded at least 1 video to YouTube, manage active minor accounts, contain a gift card balance, or have been used to purch ..read more

Police took down a ransomware ring associated with attacks in 71 different countries. The gang was responsible for targeting large corporations amidst the open war between Russia and Ukraine, forcing multiple businesses’ entire operations to a standstill. This inflicts damage on an entire market due to the stress it can put on supply chains and hinders their ability to effectively fight against Russia. They’ve taken advantage of multiple tools, deploying LockerGoga, MegaCortex, HIVE, Dharma ransomware, and more to target businesses. The threat actors divvied up the jobs, with groups focusing ..read more

CTS, a leading IT company that provides services for property conveyors was hit by a massive cyber attack. Over 200 related firms that used CTS to manage properties and transactions were impacted by the attack. This resulted in a large disruption to the entire UK housing market. Thousands of homes were put in limbo, with buyers being unable to purchase homes. Many of these were sales in progress that can no longer be completed until the problem is solved. Technical outages, service disruptions, and network instability were reported in companies like O’Neill Patient, Talbots Law, and Taylor Ro ..read more

According to the Israeli daily Haaretz, Russia is waging a disinformation campaign online, taking advantage of the Israel-Hamas war to disseminate propaganda and stir up global conflicts. The Israeli anti-disinformation research community named the campaign Operation Doppelganger due to its tactics of replicating other popular websites to spread information. Operation Doppelganger sees fraudulent websites posing as legitimate news sources spreading deliberate misinformation to drive up international tensions. The focus is on promoting antisemitism. By using new technology, like AI programs, R ..read more

Hackers breached the Canadian government, stealing the data of over 24 million employees dating back to 1999. Over 1.5 TB of data was breached when the Lockbit hacker group exploited Brookfield Global Relocation Services (BGRS) and SIRVA Worldwide Relocation & Moving Services. Both organizations dealt with employee relocation services and had many contracts with present and former government employees. The hack also affected members of the Canadian Armed Forces and Royal Canadian Mounted Police personnel. Due to the amount of stolen data, the Canadian government can’t tell which specific ..read more

Former OpenAI (the company behind ChatGPT) staff members allegedly released a letter heavily criticizing the company’s CEO Sam Altman and former Board chair Greg Brockman. The letter’s goal was to pressure OpenAI into upholding its original promise to use AI for the betterment of all mankind in the wake of the company becoming increasingly more profit-seeking. It cites at least seven instances of the CEO’s dishonesty and manipulation. However, that isn’t the beginning of the story. The letter follows a tumultuous time period for the business that originally saw the Board remove Altman from th ..read more

The cryptocurrency giant Binance and its CEO have pleaded guilty to violations of US anti-money laundering laws that will cost them more than $4 billion combined in fines. The Justice Department announced Monday that the company’s fine is “one of the “largest corporate penalties in US history.” Binance Holdings Limited will enter several sanctions compliance and anti-money laundering programs, keep an independent monitor for the next three years, and report the suspicious transactions it processed. “Binance became the world’s largest cryptocurrency exchange in part because of the crimes ..read more