[TheRecord] Beware of North Korean IT workers with fake credentials, US government warns

Companies that hire freelance IT teleworkers could inadvertently be employing North Koreans who have been dispatched to generate revenue for the country’s authoritarian regime or gain access to corporate networks, the U.S. government said Monday. The workers “take advantage of existing demands for specific IT skills, such as software and mobile application development,” according to […]

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[TheRecord] House okays cybersecurity bills, tees up more

The House on Monday easily passed a pair of cybersecurity measures, including a bill that would require the Homeland Security Department to review its incident response plans and submit a report outline the specific roles of federal agencies. Lawmakers approved the DHS Roles and Responsibilities in Cyber Space Act, 313-105. The measure, introduced by Rep. […]

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[TheRecord] Clearview AI CEO: Settlement could be a template for others, won’t materially change business

The founder and CEO of facial recognition company Clearview AI said that last week’s landmark settlement that reins in use of its technology “doesn’t change anything that we’re doing on a material level” and could be a template for settling other lawsuits the company faces. “We’re very happy to reach a settlement and then move […]

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[TheRecord] ‘Multi-tasking doctor’ was mastermind behind ‘Thanos’ ransomware builder, DOJ says

A French-Venezuelan physician created the “Thanos” ransomware builder and other tools used by cybercriminals, according charges unveiled Monday by the Department of Justice. The criminal complaint, unsealed in a Brooklyn federal court, said 55-year-old Moises Luis Zagala Gonzalez designed several tools to help those interested in creating and propagating ransomware, including software he named Thanos. […]

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[TheRecord] EU lawmakers reach agreement on stronger cyber rules for critical sectors

The European Parliament and EU member states on Friday announced an agreement on setting a higher baseline for cybersecurity standards in key sectors, including energy, transportation, and healthcare. Once adopted, the revised directive — called NIS2 — would replace the first EU-wide law on cybersecurity that was set in 2016. NIS2 was introduced by the EU’s […]

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[TheRecord] Collapse of Luna cryptocurrency leads to $11 million exploit on Venus Protocol

Venus Protocol, a decentralized money market, announced on Thursday evening that about $11 million had been lost due to people exploiting the historic collapse of the Luna cryptocurrency and its sister stablecoin UST. The team behind the Venus Protocol released a statement confirming suspicions that had been floating around for hours about the potential mishandling […]

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