Apr 13, 2024NewsroomCryptocurrency / Regulatory Compliance A former security engineer has been sentenced to three years in prison in the U.S. for charges relating to hacking two decentralized cryptocurrency exchanges in July 2022 and stealing over $12.3 million. Shakeeb Ahmed, the defendant in question, pled guilty to one count of computer fraud in December 2023
AT&T said it has begun notifying millions of customers about the theft of personal data recently discovered online. The telecommunications giant said Saturday that a dataset found on the “dark web” contains information such as Social Security numbers for about 7.6 million current AT&T account holders and 65.4 million former account holders. The company said
Mar 26, 2024NewsroomMoney Laundering / Digital Currency The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned three cryptocurrency exchanges for offering services used to evade economic restrictions imposed on Russia following its invasion of Ukraine in early 2022. This includes Bitpapa IC FZC LLC, Crypto Explorer DMCC (AWEX), and Obshchestvo S
Another company in the mortgage industry is reeling from a cybersecurity incident. Nevada-based Nations Direct Mortgage, a wholesale lender that sells to Fannie Mae, Freddie Mac and Ginnie Mae, recently disclosed a data breach to the Office of the Main Attorney General, HousingWire reported. While the incident was only shared to the authority last week,