Cybersecurity

British authorities have never detected a breach of ransomware sanctions — but is that good or bad news?

The agency responsible for monitoring financial sanctions in Britain has never detected an illicit payment to an entity embargoed under the country’s counter-ransomware regime, according to information obtained by Recorded Future News. The sanctions regime explicitly prohibits victims from making any extortion payments to the 29 individuals and 5 entities listed under the United Kingdom’s […]

Cybersecurity

FBI Blames North Korean Hackers for $41 Million Stake.com Heist

The FBI says that the North Korea-linked hacking group Lazarus is responsible for the theft of $41 million in cryptocurrency from online casino and betting platform Stake.com. The incident occurred on September 4, when the Australian-Curaçaoan online platform Stake.com announced that hackers had stolen funds from its Ethereum (ETH) and Binance Smart Chain (BSC) hot […]