cybersecurity
An Arizona woman is facing charges for helping North Koreans obtain remote US jobs and transfer earnings to North Korea, which violates US sanctions. According to the US Attorney's Office for the District of Columbia, Christina Marie Chapman, 49, was arrested on Thursday and charged with nine counts, including conspiracy to defraud the United States. Five people, including Chapman, are being prosecuted by the U.S. Justice Department for their alleged involvement in a North Korean scheme that placed overseas IT workers posing as US citizens and residents in remote positions at US companies. "As...
IBTimes
Two brothers, both former Massachusetts Institute of Technology (MIT) students, were arrested on Wednesday for allegedly perpetrating a first-of-its-kind scheme to exploit the Ethereum blockchain and steal $25 million (£19.71 million) in cryptocurrency. Manhattan federal prosecutors described the scheme of Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, a "novel" attack on the Ethereum blockchain, marking the first US criminal case of its kind. First-of-its-Kind Scheme Exploited Ethereum BlockchainIn April 2023, the Peraire-Bueno brothers pulled off a daring $25 million cryptocurrency he...
IBTimes
In a collaborative effort, Apple and Google have developed an industry-standard detection feature called "Detecting Unwanted Location Trackers" (DULT) for Bluetooth trackers. This standard allows users on iOS and Android devices to be alerted if an unknown Bluetooth tracker is monitoring their location. Apple began implementing this feature on iPhones with the recently rolled-out iOS 17.5 update. Following in the footsteps of the Cupertino-based tech giant, Google is making it available on devices running Android 6.0 and later. This specification is designed to mitigate the misuse of devices d...
IBTimes
A Chinese man used thousands of smartphones to inflate his live-stream viewer counts artificially. This traffic fraud scheme enabled him to amass 3 million yuan (about £332435.75) in under four months. Previously, he also offered services to live-streamers seeking to enhance their online presence. Authorities in Zhejiang province, the heart of China's live-streaming industry, have now imprisoned the man, according to South China Morning Post (SCMP). This marks a rare crackdown on such practices in the province. Officials fined Mr. Wang 50,000 yuan (about £5607.35) and sentenced him to 15 month...
IBTimes
Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma Bravo, which highlighted the British group's "capability in artificial intelligence". The cash bid comes after Thoma Bravo expressed takeover interest two years ago. "Darktrace is at the very cutting edge of cybersecurity technology, and we have long been admirers of its platform and capability in artificial intelligence," Thoma Bravo partner Andrew Almeida said in a statement. "The pace of innovation in cybersecurity is accelerating in response to cyber threats that are simul...
IBTimes
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