Five people have been arrested in Europe in two separate, unrelated cases related to ransomware, Ars Technica reported Thursday (July 10). In one case, former Russian professional basketball player Daniil Kasatkin was arrested in France at the request of U.S. authorities, who allege that he negotiated ransom payments with organizations that had been hacked by...Read More
Shares of Palo Alto, the most valued U.S. cybersecurity stock, shed 6.79% on nearly twice the average volume, and Zscaler, the fifth most valued, slumped 6.42%. Cybersecurity stocks Palo Alto Networks, Inc. (PANW) and Zscaler (ZS) attracted heavy retail chatter on Thursday after cybersecurity stocks sold off during the session. The First Trust NASDAQ Cybersecurity ETF...Read More
In a significant cybersecurity incident that underscored the persistent threat of ransomware attacks on global IT infrastructure, Ingram Micro Holding Corporation successfully restored its business operations after a four-day battle against malicious actors who infiltrated its internal systems. The attack, first identified on July 5, 2025, represents one of the most notable ransomware incidents affecting...Read More
The persistence and evolution of cybercrime across the US is reshaping mergers and acquisitions (M&A) in the cybersecurity sector. Driven by escalating threats, increasing costs and liability to businesses, and a growing and more defined regulatory framework, the cybersecurity market is witnessing a flurry of dealmaking activity, with 2025 already outpacing last year. Though conflict...Read More
A man in his late twenties was arrested and faces charges in connection to the shooting of a Philadelphia School Safety Officer on June 29, police said on Monday. According to police, Ariza Giansteban was taken into custody on July 5 in Paramus, New Jersey, and is being extradited to Philadelphia for the incident, which...Read More
FRANKFORT, Ky. (WBKO) – Since 2019, the Kentucky State Police have arrested 309 online child predators. “Our team is committed to tracking down the people who hide behind the keyboard to target our young people,” said Lt. Mike Bowling, Electronic Crime Branch commander in a release. “We are working diligently to create a safer online environment...Read More
‘Our teams are now able to process and ship orders received via EDI, or electronically, as well as by phone or email across all of our business regions,’ according to an Ingram Micro statement. Ingram Micro Wednesday said it can once again process and ship orders received electronically across all of its business regions following...Read More
After compromising dozens of targets at record speed, “SatanLock” shutters operations with a cryptic farewell. Unexpected shutdown baffles cybersecurity experts The ransomware group known as SatanLock has announced the shutdown of its operations, mere months after entering the cybercrime landscape. The group made the announcement on its encrypted Telegram channel and now-defunct Dark Web leak...Read More
A Russian professional basketball player has been arrested in France on charges of orchestrating one of the most extensive ransomware campaigns in recent history, targeting nearly 900 companies and federal institutions between 2020 and 2022. The case highlights the growing intersection between cybercrime and unexpected perpetrators from diverse professional backgrounds. Key Takeaways1. Russian basketball player...Read More
News Jul 11, 2025 Four people have been arrested as part of a National Crime Agency investigation into cyber attacks targeting M&S, Co-op and Harrods. Two 19-year-old males, a 17-year-old males and a 20-year-old female were arrested in the West Midlands and London on Thursday morning on suspicion of Computer Misuse Act offences, blackmail, money...Read More