The FBI’s Internet Crime Complaint Center (“IC3”) has released its 2019 Internet Crime Report (“Report”) on trends and statistics of suspected cybercrimes from 2019. The Report gathers data from 467,361 complaints, an increase from prior years, with dramatic losses in excess of $3.5 billion. In addition to an explanation of the IC3’s history and operations, […]
Cybercrime
NIST Publishes Privacy Framework Version 1.0
On January 16, 2020, the National Institute of Standards and Technology (“NIST”) published Version 1.0 of its Privacy Framework: A Tool for Improving Privacy through Enterprise Risk Management (“Privacy Framework”). A draft version was initially published for public comment on September 6, 2019. The new Privacy Framework is designed to support organizations in building customer’s […]
Treasury Announces Sanctions Against Cybercriminal Group Behind ‘Dridex’ Malware, Offering Mitigation Strategies for Businesses
On December 5, 2019, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) issued sanctions against Evil Corp, a Russian cybercriminal organization that is known for distributing the Dridex malware. Dridex is a banking trojan that has been used to target financial institutions across the globe and has resulted in more than $100 million […]
Federal Prosecutors Announce Indictment of Chinese Hackers Involved in 2015 Anthem Data Breach
On May 9, 2019, a federal grand jury unsealed an indictment of two members of a Chinese hacking group charged with a series of computer intrusions, including their involvement in the 2015 data breach at Anthem Inc., which affected the data of over 78 million people. In an announcement by the Justice Department’s Criminal Division, […]
DOJ Announces Indictment of Chinese Hackers
On December 20, 2018, the Department of Justice and the FBI announced the indictment of two Chinese hackers, Zhu Hua and Zhang Shilong, who have been charged in a years-long global hacking campaign that resulted in the theft of sensitive information from companies and government agencies around the world. The two hackers, members of the […]