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Bank Info Security 2 months, 2 weeks ago

Cryptohack Roundup: North Korea Steals Bulk of Crypto So Far

Also: Cartier Heir Imprisoned, Believe Founder Benjamin Pasternak ArrestedThis week, North Korea hacks, Cartier heir jailed, Believe founder arrested, Cambodia scam network sanctioned. A U.S. Army soldier's insider bet, Litecoin, sentences in laundering and romance fraud cases, France probed crypto kidnapping. Tennessee banned crypto ATMs, Kelp DAO and Alex Mashinsky.

European Governments Grow Suspicious of Silicon ValleyFrench abandonment of American software for open-source alternatives continues apace, with all government ministries now facing a fall deadline for outlining plans to reduce their dependence on U.S. tech. France must "regain control of our digital destiny," said public action minister David Amiel.

Countries that banded together to challenge Boeing in the air try to do the same to AWS, Microsoft, and Google on the ground Feature More than half a century ago, a consortium of European aerospace businesses from the UK, France, Germany and Spain joined forces to take on America's Boeing. Fast forward to the 21st century and the countries are applying the same model needs to the world of cloud computing, giving the continent a fighting chance to reduce the digital domination of Big Tech.…

Bank Info Security 10 months, 2 weeks ago

EU Court Preserves EU-US Data Privacy Framework

The EU General Court Gives Victory to Backers of Trans-Atlantic Data FlowsThe European Union General Court on Wednesday dismissed a plea by a French politician to annul the legal framework underpinning commercial data flows across the Atlantic, rejecting claims that a U.S. intelligence agency oversight body is not independent of the federal government.

US Authorities Say Daniil Kasatkin, 26, Worked as Negotiator for Ransomware GroupA Paris criminal court on Tuesday held an extradition hearing for a Russian professional basketball player who U.S. authorities say worked as a negotiator for an undisclosed ransomware group. French police on June 21 arrested Daniil Kasatkin, 26, at Charles de Gaulle Airport.

'IntelBroker' Faces Four-Count Indictment in Manhattan Federal CourtA hacker known online as "IntelBroker" and who has a history of spilling sensitive information faces a four-count criminal indictment in the United States after French police arrested him in February. IntelBroker's true identity is British national Kai West, U.S. federal Manhattan prosecutors said.

Also: Criminal Charges in France Against Suspected Crypto Millionaire KidnappersThis week, U.S. SEC dropped its civil case against Binance, Zhao; France charged 25 in crypto kidnap plot; Hackers stole $3 million in Force Bridge exploit. A Singapore court rejected Wazirx restructuring plan, and BitMEX thwarted a Lazarus Group hacking attempt.

Bank Info Security 1 year, 5 months ago

French AI Action Summit, What Can We Expect?

Summit to Focus on Open-Source, AI Governance and DevelopmentThe historic presidential Élysée Palace in Central Paris will host world leaders, tech CEOs and researchers for the French AI Action Summit, a two-day event that will commence on Monday. U.S. Vice President JD Vance, OpenAI CEO Sam Altman and Google's Sundar Pichai will be on hand.

French Police Reportedly Detain Accused Ryuk Money Launder Ekaterina ZhdanovaAn international investigation led by the United Kingdom busted Russian money cash-for-crypto laundering networks in an operation that's led to the arrest of 84 individuals and U.S. sanctions against others. One of the network allegedly laundered extortion money paid to the Ryuk ransomware group.

U.S. and Israeli cybersecurity agencies have published a new advisory attributing an Iranian cyber group to targeting the 2024 Summer Olympics and compromising a French commercial dynamic display provider to show messages denouncing Israel's participation in the sporting event

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