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Krebs on Security 2 months, 3 weeks ago

‘Scattered Spider’ Member ‘Tylerb’ Pleads Guilty

A 24-year-old British national and senior member of the cybercrime group "Scattered Spider" has pleaded guilty to wire fraud conspiracy and aggravated identity theft. Tyler Robert Buchanan admitted his role in a series of text-message phishing attacks in the summer of 2022 that allowed the group to hack into at least a dozen major technology companies and steal tens of millions of dollars worth of cryptocurrency from investors.

On Jan. 9, 2024, U.S. authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. Sources close to the investigation tell KrebsOnSecurity the accused was a key member of a criminal hacking group blamed for a string of cyber intrusions at major U.S. technology companies during the summer of 2022.

Bank Info Security 2 years, 8 months ago

FTC Proposes New Cyber Disclosure Rule After Prison Hack

Federal Contractor Must Comply With New Reporting Measures Following Data BreachGlobal Tel*Link, a major telecommunications provider for state and federal prison systems, will be required to notify the FTC and consumers of future security incidents after a sweeping data breach left hundreds of thousands of its users vulnerable to identity theft and other privacy concerns.