Tag Archives: Italy

Second Circuit Upholds Conviction Under the CFAA, Rejecting Argument That the Law Is Unconstitutional

In a recent decision, the federal Court of Appeals for the Second Circuit (which covers New York, Connecticut,  and Vermont) affirmed the conviction of an Italian citizen for misdemeanor computer intrusion in violation of the Computer Fraud and Abuse Act of 1986 (CFAA). The decision is noteworthy in that, among other things, the Second Circuit … Continue Reading

Data Breach at Italy’s No. 1 Bank Exposes 400,000 Accounts

Italy’s top bank, UniCredit SpA, is yet another victim in a series of cyberattacks exploiting vulnerabilities in the financial services industry. Criminals made off with biographical and loan data from 400,000 UniCredit loan accounts after gaining access to the bank’s computer system through one of UniCredit’s third-party commercial partners. The series of data breaches was … Continue Reading

Hacker arrests and prosecutions update

We previously reported that alleged Ukranian hacker Sergey Vovnenko, also known as “Flycracker,” “Fly” and “Darklife” was extradited from Italy, arrested and charged in New Jersey federal court for his part in disbursing the nasty malware Zeus on October 13. During his arraignment last week, he plead not guilty to charges, including wire fraud conspiracy, … Continue Reading
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