The U.S. Department of Justice is reportedly investigating the theft of nearly $400 million from FTX. The crypto exchange disclosed in November the day after it filed for bankruptcy that “unauthorized access” had led to the theft. The criminal investigation is separate from the fraud case Justice is pursuing against company co-founder Sam Bankman-Fried, Bloomberg…

The Federal Trade Commission (FTC) has issued a $150 million fine against Twitter for misrepresenting its security and privacy practices. The FTC, in cooperation with the Department of Justice (DoJ), says that Twitter has been using the email addresses and phone numbers it collects from users to enable two-factor authentication to serve targeted advertising. In…

The FBI in March targeted and disabled the command and control communications of a botnet controlled by the infamous Russian General Staff Main Intelligence Directorate (GRU) hacking team Sandworm, the US Department of Justice (DoJ) announced today. The botnet used WatchGuard Technologies and ASUSTek Computer (ASUS) firewalls compromised with the so-called Cyclops Blink malware, which…

After a wave of major in-the-wild zero-day attacks against Exchange Server installations that occurred globally in January, savvy organizations scrambled to lock down vulnerable Microsoft email servers and remove web shells that were installed by attackers. In early attacks observed by Microsoft, attackers were able to exploit a series of vulnerabilities to access on-premises Exchange…

Highlighting the diminished opportunities for Chinese telecom and technology providers in the US, the Department of Justice (DOJ) announced last week that the Trump Administration would seek to revoke and terminate the licenses of mobile operator China Telecom. China Telecom is authorized to provide communications, data, television and business services in the US as a…