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Ukraine Arrests Trio for Hijacking Over 100 Million Email and Instagram Accounts

Ukraine Arrests Trio for Hijacking Over 100 Million Email and Instagram Accounts

Mar 20, 2024 Cybercrime / Dark Web
The Cyber Police of Ukraine has  arrested  three individuals on suspicion of hijacking more than 100 million emails and Instagram accounts from users across the world. The suspects, aged between 20 and 40, are said to be part of an organized criminal group living in different parts of the country. If convicted, they face up to 15 years in prison. The accounts, authorities said, were taken over by carrying out brute-force attacks, which employ trial-and-error methods to guess login credentials. The group operated under the direction of a leader, who distributed the hacking tasks to other members. The cybercrime group subsequently monetized their ill-gotten credentials by putting them up for sale on dark web forums. Other threat actors who purchased the information used the compromised accounts to conduct a variety of  fraudulent schemes , including those in which scammers reach out to the victim's friends to urgently transfer money to their bank account. "You can protect
FTC Fines Fortnite Maker Epic Games $275 Million for Violating Children's Privacy Law

FTC Fines Fortnite Maker Epic Games $275 Million for Violating Children's Privacy Law

Dec 20, 2022 Privacy / Data Security
Epic Games has reached a $520 million settlement with the U.S. Federal Trade Commission (FTC) over allegations that the  Fortnite  creator violated online privacy laws for children and tricked users into making unintended purchases in the video game. To that end, the company will pay a record $275 million monetary penalty for breaching the Children's Online Privacy Protection Act ( COPPA ) by collecting the personal information of Fortnite players under the age of 13 without seeking permission from their parents. It will also pay $245 million to reimburse customers who were deceived by its  dark pattern  tricks to make accidental purchases as well as for allowing children to rack up unauthorized charges through in-game content purchases without requiring any parental or card holder action or consent. "Epic Games possessed actual knowledge that it collected personal information from children, including their names, email addresses, and identifiers used to keep track of pla
Hands-on Review: Cynomi AI-powered vCISO Platform

Hands-on Review: Cynomi AI-powered vCISO Platform

Apr 10, 2024vCISO / Risk Assessment
The need for vCISO services is growing. SMBs and SMEs are dealing with more third-party risks, tightening regulatory demands and stringent cyber insurance requirements than ever before. However, they often lack the resources and expertise to hire an in-house security executive team. By outsourcing security and compliance leadership to a vCISO, these organizations can more easily obtain cybersecurity expertise specialized for their industry and strengthen their cybersecurity posture. MSPs and MSSPs looking to meet this growing vCISO demand are often faced with the same challenge. The demand for cybersecurity talent far exceeds the supply. This has led to a competitive market where the costs of hiring and retaining skilled professionals can be prohibitive for MSSPs/MSPs as well. The need to maintain expertise of both security and compliance further exacerbates this challenge. Cynomi, the first AI-driven vCISO platform , can help. Cynomi enables you - MSPs, MSSPs and consulting firms
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