Three Russian nationals have been charged in a sweeping Russian cybercrime indictment tied to an alleged bulletproof hosting operation that U.S. authorities say enabled ransomware, malware, phishing, and other cybercriminal activities, resulting in more than $62 million in losses to victims across the United States and several other countries. The U.S. Attorney’s Office for the...Read More
According to the Cyber Claims in Focus 2026 report, prepared by the multinational insurance brokerage Willis, cybersecurity insurance already covers more than 95% of the average losses resulting from data breaches and around 90% of the organizations’ own losses. The analysis quantifies the economic impact of digital incidents and identifies ransomware as the main focus...Read More
Some prominent investors in the DeFi sector have downplayed security fears, especially as major AI firms release models with cybersecurity offensive capabilities. According to Haseeb Qureshi, managing partner at VC firm Dragonfly, the reported value of DeFi hacks in 2026 was ‘declining in size’ to warrant the overblown security fears. He added, Median hack size...Read More
Indonesian Defence Minister Sjafrie Sjamsoeddin said Indonesia wants to strengthen defence cooperation with Finland in cybersecurity, data protection and advanced defence technology. Indonesia is looking to strengthen defence cooperation with Finland in cybersecurity, data protection and advanced defence technology. The plans were discussed during a meeting between Indonesian Defence Minister Sjafrie Sjamsoeddin and Finnish Ambassador...Read More
The US Justice Department on Tuesday announced the indictment of three Russians who prosecutors say were at the center of a major cybercrime network that allegedly helped hackers target hospitals, schools and banks across the US, causing $62 million in damages. The indictment targets one of the more brazen services provided by and for cybercriminals:...Read More
Ransomware negotiator Angelo Martino will serve 70 months in prison for secretly aiding BlackCat (ALPHV) attackers Martino forfeits crypto proceeds, houses, cars, and boats, and must pay 10% of future salary after release Martino was the third negotiator exposed; his co‑conspirators Ryan Clifford Goldberg and Kevin Tyler Martin previously received four‑year sentences for similar insider...Read More
As cloud storage replaced physical drives as our preferred medium for storing data, many users are under the impression that we moved on to a safer option. Cloud data can’t get damaged the same way a USB drive can, and nobody can physically steal it. However, a recent example shows that even when your data...Read More
Lin Jian, spokesperson for China’s Foreign Ministry, speaks at a press conference at the ministry in Beijing, China, on June 17, 2026. (PHOTO / FOREIGN MINISTRY, CHINA) BEIJING – The Chinese Foreign Ministry on Tuesday accused the United States of repeatedly using “cybersecurity” as an excuse to smear China for its geopolitical agenda, saying China...Read More
Silicon-to-systems design firm Synopsys says it has found no evidence of a data breach after a cybercrime group claimed to have hacked its systems and gained access to valuable data belonging to one of its major customers, Bosch. A new ransomware group named D1R in recent days listed Synopsys and Bosch on its Tor-based leak...Read More
Cardano co-founder Emurgo has been forced to hand over the running of self-styled “world’s largest crypto event” TOKEN2049 to the Cardano Foundation, following the $20 million hack of its neo-finance platform SecondFi. That’s according to Intersect, Cardano’s governance firm, which made the announcement on Tuesday. Intersect stated that Emurgo “is unable to allocate the necessary...Read More
