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US Treasury FinCEN linked $5.2 billion in BTC transactions to ransomware payments

Security Affairs

billion worth of Bitcoin transactions likely associated with operations of top 10 most commonly reported ransomware variants. Studying data generated from ransomware-related SARs, the mean average total monthly suspicious amount of ransomware transactions was $66.4 ” reads the report published by FinCEN. Pierluigi Paganini.

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April 2021 Security Patch Day fixes a critical flaw in SAP Commerce

Security Affairs

April 2021 Security Patch Day includes 14 new security notes and 5 updates to previously released notes, one of them fixes a critical issue in SAP Commerce. SAP Security Note #3040210 , tagged with a CVSS score of 9.9 SAP Security Note #3040210 , tagged with a CVSS score of 9.9

Security 111
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Anonymous hacked Russian PSCB Commercial Bank and companies in the energy sector

Security Affairs

OpRussia continues, less than a week after my last update Anonymous has hacked other Russian companies and leaked their data via DDoSecrets. The #OpRussia launched by Anonymous on Russia after the criminal invasion of Ukraine continues, the collective claims to have published more than 6 TB of Russian data via DDoSecrets.

ECM 101
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SEC Announces Settled Charges Against First American for Cybersecurity Disclosure Controls Failures – Lessons Learned

Data Matters

In the Order, the SEC alleges that First American’s disclosures concerning the vulnerability were deficient because senior executives were not provided all available and relevant information, specifically that First American’s information security personnel had identified and failed to remediate the vulnerability months earlier in January 2019.

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Three Italian universities hacked by LulzSec_ITA collective

Security Affairs

The hacktivists claim that once hacked the universities did not disclose the data breach and attempted to hide the incident, violating the European Privacy Law GDPR. GDPR #LulzSecITA #Università #Hacked — LulzSecITA (@LulzSec_ITA) February 10, 2020. Below the translation of message published by the group. Pierluigi Paganini.

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Alexander Vinnik, the operator of BTC-e exchange, pleaded guilty to money laundering

Security Affairs

Alexander Vinnik , a Russian national, pleaded guilty to conspiracy to commit money laundering for his involvement in operating the cryptocurrency exchange BTC-e from 2011 to 2017. BTC-e collected virtually no customer data at all, which made the exchange attractive to those who desired to conceal criminal proceeds from law enforcement.”

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Essential guidance to implementing an effective IT Governance system

IT Governance

While most organisations believe that their information security systems are secure, often the reality is that they are not. Faced with these increasing information security threats, organisations have an urgent need to adopt IT governance best practice strategies. What is IT governance?