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Who is Alleged Medibank Hacker Aleksandr Ermakov?

Krebs on Security

Authorities in Australia, the United Kingdom and the United States this week levied financial sanctions against a Russian man accused of stealing data on nearly 10 million customers of the Australian health insurance giant Medibank. “REvil was among the most notorious cybercrime gangs in the world until July 2021 when they disappeared.

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US administration requests $9.8B for cyber 2021 budget for the Department of Defense

Security Affairs

billion for cyber operations in next year’s budget for the Department of Defense, a data that confirms the strategic importance of the fifth domain of the warfare for the US Government. The budget was released on February 10, it requests $9.8 million for securing points of information and sharing; $198.5

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Russian Cybersecurity Executive Arrested for Alleged Role in 2012 Megahacks

Krebs on Security

Nikita Kislitsin , formerly the head of network security for one of Russia’s top cybersecurity firms, was arrested last week in Kazakhstan in response to 10-year-old hacking charges from the U.S. Nikita Kislitsin, at a security conference in Russia. Department of Justice. “The company is monitoring developments.”

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Ransomware Gangs and the Name Game Distraction

Krebs on Security

hospitals, governments, critical infrastructure), or how much of a ransom payment an affiliate should expect for bringing the group access to a new victim network. Throughout 2013 and 2014, PCs infected with Gameover were seeded with Cryptolocker , an early, much-copied ransomware strain allegedly authored by Bogachev himself.

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Australian Privacy Regulator Sues in Data Breach Case

Hunton Privacy

The case is significant because: (1) it is only the second time that the Australian regulator has brought court proceedings of this kind despite having the power to do so since 2014; and (2) it signals the regulator’s priority in ensuring that cybersecurity incidents are responded to swiftly.

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SEC Announces Settled Charges Against First American for Cybersecurity Disclosure Controls Failures – Lessons Learned

Data Matters

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. This resolution highlights the SEC’s continued focus on cybersecurity.

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SEC Chair: Sweeping New Cybersecurity Rules Are Coming Soon

Data Matters

On Monday, January 24, 2022, in a speech at the Northwestern University Pritzker School of Law annual Securities Regulation Institute conference, Gary Gensler, Chair of the U.S. He also signaled the SEC’s continued focus on enforcement and cooperation with other law enforcement agencies. Best Practices for Public Companies.