The United States has convicted a Russian cyber-criminal of running a malware-masking service that helped hackers systematically infect victim computers around the world with malware, including ransomware. On Tuesday, a federal jury in Connecticut found 41-year-old native Estonian Oleg Koshkin guilty of operating a crypting business via multiple websites, including “Crypt4U.com,” and “fud.bz.” On the websites, Koshkin and his co-conspirators claimed that they could render malicious software such as botnets, remote-access trojans, keyloggers, credential stealers and cryptocurrency…

Fill it up? Over the past couple of weeks there have been many great discussions about the article posted by a 16Z. the article in summary describes how many organizations could benefit from an analysis of their cloud spend as it relates to their gross revenue. When I read this article, I immediately thought about the difference in price a consumer pays when buying electric car versus buying a gas one what’s interesting is that…

Optical Wireless Communciations (Owc) Will Be Key For Maximizing Security By Michael Abad-Santos, Senior Vice President of Business Development and Strategy, BridgeComm Nearly 6 billion Internet of Things (IoT) devices were in service worldwide at the end of 2020, according to Gartner. But mobile operators aren’t the only ones chasing that opportunity. Hackers are, too. Each additional IoT device creates another potential back door for hackers to steal identities, financial records and other confidential information,…

All of the assets of Terbium Labs have been acquired by multinational professional services network Deloitte Touche Tohmatsu Limited (Deloitte). The acquisition of the Baltimore-based digital risk protection company was announced by Deloitte on June 15.  Terbium Labs was found in 2013 to help organizations detect and remediate data exposure, theft, or misuse across the digital landscape. In 2019, the company announced a $2m investment from the Omidyar Network, a philanthropic investment firm created by eBay founder Pierre Omidyar and his…

The IAB Technology Laboratory (IAB Tech Lab), which develops ad-industry standards, is being sued by the Irish Council for Civil Liberties (ICCL) for allegedly being responsible for “the world’s largest data breach.” A non-profit digital media consortium established in 2014 and based in New York, the IAB Tech Lab’s 650-member community includes Facebook, Google and Amazon. In a lawsuit filed by ICCL senior fellow Johnny Ryan on May 18 in a court in Hamburg, the…