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In a win for global law enforcement, Germany’s Bundeskriminalamt (BKA) announced on April 5, 2022, that it had officially taken down the infrastructure of Hydra, a Russian-based, illegal dark-web marketplace that has allegedly facilitated more than $5 billion in Bitcoin transactions since its inception in 2015. In the process of shutting it down, German authorities…

We all remember Kronos—the malicious malware that was sold by Russian underground forums in 2014 for $7,000. If you bought it, you were promised updates and development of new modules.

The Kronos developers recently released a new update (dubbed Osiris), which is presently attacking individuals in Germany, Japan, and Poland, with the U.S. in the…

WhatsApp has been applauded for adding end-to-end encryption on its platform to secure conversations of its users two years ago. But encryption has its challenges, despite its security posture.

Recently, a team of German cryptographers found flaws in WhatsApp that they say makes it easier for unauthorized individuals to access group chats. They also found…

The U.S. Computer Emergency Readiness Team (US-CERT)is warning companies in the U.S. about a new ransomware dubbed “Bad Rabbit.” US-CERT stated that it has received multiple reports of infections by Bad Rabbit in countries around the world.

According to security researchers, Bad Rabbit poses as an Adobe update and when the user clicks on the…

Japan and the European Union announced an agreement in principle on major components of a substantial free trade deal on the eve of the recent G20 summit in Hamburg. This free trade deal rivals NAFTA in scope and impact, as it will impact 40 percent of the world’s trade. Once finalized, this free trade pact…

Tobias Boelter, a University of California Berkeley cryptography researcher claims that last year he found a security flaw in WhatsApp’s encrypted smart phone messaging application. The flaw, which relates to the unique security keys exchanged between WhatsApp users, is reported to allow third parties, including governments, to intercept messages in transit.

Mr. Boelter informed Facebook,…

We previously reported that several U.S. Olympians’ medical records were posted online by the Russian hacking group Fancy Bear [view related post].

The World Anti-Doping Agency (WADA) has confirmed that the medical records of 25 more Olympic athletes have been accessed and released online. These athletes are from 8 countries, including 10 from the…

A new report commissioned by Tanium and Nasdaq finds that 90% of corporate executives admit that they can’t read a cybersecurity report and up to 40% of corporate executives do not feel personally responsible for cybersecurity for their organization. The report was the culmination of a survey of 1,530 nonexecutive directors and C-Suite executives in…

In late 2014, an anonymous source secretly leaked to a German newspaper reporter nearly four decades of confidential and proprietary data about shell companies registered by the multinational Panamian based law firm Mossack Fonseca.

The German newspaper contacted the International Consortium of Investigative Journalists (ICIJ) who assembled more than 100 other international news outlets, including…

German auto manufacturer Volkswagen (VW) is reportedly using German privacy laws to resist turning over its top executives’ internal corporate emails and other communication materials to United States attorneys general and U.S. Justice Department officials investigating the company’s excess emissions scandal.

VW’s position is not surprising. It is well known that Germany’s data privacy laws…