Corruption | Breaking Cybersecurity News | The Hacker News

A former United States undercover agent who stole hundreds of thousands of dollars worth of Bitcoins during an investigation into the underground drug marketplace Silk Road is now suspected of stealing even more of the cryptocurrency from two other cases. Shaun Bridges is one of two former US agents who pleaded guilty last year and was sentenced in December to almost six years in prison for stealing over $800,000 in Bitcoin while investigating the Darknet marketplace. Bridges and his partner stole money from Silk Road accounts and framed someone else for it, which lead the Silk Road chief Ross Ulbricht to plan a murder. Ulbricht is now serving life in prison sentence . Ulbricht was convicted in February 2015 of running the underground black market . According to court filings unsealed on Thursday, Bridges is believed to have stolen additional funds from a Secret Service account on two different occasions months after he was initially charged. Bridges and 46-ye...

A huge trove of confidential documents from the Panamanian law firm Mossack Fonseca was made public on Sunday in what's known as One of the World's Largest Data Leaks ever, called The Panama Papers . Over 11.5 Million Leaked Files including 2.6 Terabytes of Data Even larger than the NSA wires leak in 2013, the Panama Papers includes 2.6 Terabytes of private data , exposing an enormous web of offshore shell companies frequently used by many of the richest and most powerful members around the globe to evade taxes, hoard money, and skirt economic sanctions. Shared with German newspaper 'Suddeutsche Zeitung' by an anonymous source, the leaked documents then passed on to the International Consortium of Investigative Journalists (ICIJ) – in which 370 Reporters from 100 News Media organizations looked into the massive leak for a year. After a year-long investigation, ICIJ and its reporting partners began publishing a series of leaks on Sunday based on the Pa...

Are you using the cloud or thinking about transitioning? Undoubtedly, multi-cloud and hybrid environments offer numerous benefits for organizations. However, the cloud's flexibility, scalability, and efficiency come with significant risk — an expanded attack surface. The decentralization that comes with utilizing multi-cloud environments can also lead to limited visibility into user activity and poor access management.  Privileged accounts with access to your critical systems and sensitive data are among the most vulnerable elements in cloud setups. When mismanaged, these accounts open the doors to unauthorized access, potential malicious activity, and data breaches. That's why strong privileged access management (PAM) is indispensable. PAM plays an essential role in addressing the security challenges of complex infrastructures by enforcing strict access controls and managing the life cycle of privileged accounts. By employing PAM in hybrid and cloud environments, you're not...