Financial Cyberscoop

The State Department also announced financial rewards totaling up to $6 million for information leading to the arrest or conviction of Garantex’s leaders. The post US widens sanctions on Russian crypto exchange Garantex, its successor and affiliate firms appeared first on CyberScoop.

The hackers were allegedly involved in operations against Ukraine and a Russian on U.K. soil, the latter with malware tied to U.S. 2016 election interference. The post UK sanctions Russian hackers, spies as US weighs its own punishments for Russia appeared first on CyberScoop.

The food distributor and wholesaler completely shut down its systems upon discovering the attack last month, yet core systems were restored and normal operating capacity returned within three weeks. The post United Natural Foods loses up to $400M in sales after cyberattack appeared first on CyberScoop.

A North Korean man was the focus of Tuesday’s announcement, which also included a Russian man, his companies and North Korean firms. The post Treasury slaps sanctions on people, companies tied to North Korean IT worker schemes appeared first on CyberScoop.

The coordinated steps included searches spanning 16 states involving workers who obtained employment at more than 100 U.S. companies. The post Arrest, seizures in latest U.S. operation against North Korean IT workers appeared first on CyberScoop.

A $90 million crypto theft from Nobitex marks the second cyberattack on Iran’s financial systems in as many days. Predatory Sparrow claimed responsibility for both attacks. The post Iran’s financial sector takes another hit as largest crypto exchange is targeted appeared first on CyberScoop.

The attack introduces a clear cyber element with immediate consequences for the country’s critical infrastructure amid a growing conflict between Israel and Iran. The post Iran’s Bank Sepah disrupted by cyberattack claimed by pro-Israel hacktivist group appeared first on CyberScoop.

Congress should use renewal of an expiring terrorism insurance program to create a federal backstop for cybersecurity insurance, according to a report out Tuesday that tries to thread many difficult needles to bolster an industry that its author says isn’t developing fast enough. In an ideal world, cybersecurity insurance can be a valuable tool to The post Federal cyber insurance backstop should be tied to expiring terrorism insurance law, report recommends appeared first on CyberScoop.

The move last week came amid the pullback of other SEC regulations. The post SEC withdraws cyber rules for investment companies, advisers appeared first on CyberScoop.

The move indicated at least some resistance to the president’s CISA reduction goal, but Democrats still said that was too steep for the agency’s fiscal 2026 funding legislation. The post House committee sets CISA budget cut at $135M, not Trump’s $495M appeared first on CyberScoop.