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Law enforcement authorities in Europe have arrested five suspects in connection with an "elaborate" online investment fraud scheme that stole more than €100 million ($118 million) from over 100 victims in France, Germany, Italy, and Spain

Also: Ransomware Hackers Demand BaguettesThis week, Chinese spying, Italian hacking scandal, an FBI warning and Okta fixed a bug. Google mandated MFA, zero days in PTZOptics and a Mexican airport didn't pay ransom. Cybercriminals demanded baguettes, breach lettersin Ohio and Germany will shield white hats. The Italian DPA rebuked a bank.

Data Regulator Likely Reviewing Insider Threat Case at Intesa Sanpaolo BankIntesa Sanpaolo bank of Italy this week told the country's data regulator that an employee - who has since been fired - accessed sensitive banking details of the country's prime minister and other politicians for years. The Italian Data Protection Authority is investigating the data breach.

Bank Info Security 2 years, 5 months ago

Breach Roundup: CIA Hacking Tool Leaker Gets 40 Years

Also: Cloudflare Was Hacked With Stolen Okta TokenThis week, former CIA programmer gets 40-year sentence, zero trust prevents widespread damage, possible ransomware attack in Georgia, alleged hacker detained in Ukraine, USB-spread malware in Italy, LockBit attack on non-bank home mortgage lender, and Ukrainian critical infrastructure disrupted.