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FIN11 gang started deploying ransomware to monetize its operations

Security Affairs

Since August, FIN11 started targeting organizations in many industries, including defense, energy, finance, healthcare, legal, pharmaceutical, telecommunications, technology, and transportation. Experts also reported that the threat actor modified the macros in Office documents used as bait and also added geofencing techniques.

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List of data breaches and cyber attacks in November 2020 – 586 million records breached

IT Governance

We recorded 103 cyber security incidents in November, which accounted for 586,771,602 leaked records. The majority of those came from a credential-stuffing attack targeting Spotify and a data leak at the messaging app GO SMS Pro, which you can learn more about below. Here is our complete list of November’s cyber attacks and data breaches.

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Cryptoassets and Smart Contracts – UK Offers Legal Clarity

Data Matters

Cryptoassets cannot be physically possessed, so they cannot be the object of a bailment, and only some types of security can be granted over them. Cryptoassets are not documents of title, documentary intangibles or negotiable instruments, nor are they instruments under the UK Bills of Exchange Act nor goods under the UK Sale of Goods Act.

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Cryptoassets and Smart Contracts – UK Offers Legal Clarity

Data Matters

Cryptoassets cannot be physically possessed, so they cannot be the object of a bailment, and only some types of security can be granted over them. Cryptoassets are not documents of title, documentary intangibles or negotiable instruments, nor are they instruments under the UK Bills of Exchange Act nor goods under the UK Sale of Goods Act.

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

Valuation of Securities (E) Task Force Adopts an Amendment to the Purposes and Procedures Manual to Add Instructions for Review of Funds. The P&P Manual currently grants the NAIC’s Securities Valuation Office (SVO) discretion when determining whether a fund’s use of derivatives is consistent with a fixed income-like security (i.e.,

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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

Annuity Suitability Working Group Drafting FAQ Document to Facilitate Uniformity in State Adoption of Revised Suitability in Annuity Transactions Model Regulation. A draft of the FAQ document was exposed for a 30-day comment period to seek feedback regarding whether additional topics should be included in the document.

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Ten Years Later, New Clues in the Target Breach

Krebs on Security

retail giant Target was battling a wide-ranging computer intrusion that compromised more than 40 million customer payment cards over the previous month. Much of my reporting on Vrublevsky’s cybercrime empire came from several years worth of internal ChronoPay emails and documents that were leaked online in 2010 and 2011.