Robinson & Cole LLP (LexBlog Germany)
-
Global Law Enforcement Win: Germany Shuts Down Hydra and U.S. Department of Treasury Follows With Sanctions
In a win for global law enforcement, Germany’s Bundeskriminalamt (BKA) announced on April 5, 2022, that it had officially taken down the infrastructure of Hydra, a Russian-based, illegal dark-web marketplace that has allegedly facilitated more than $5 billion in Bitcoin transactions since its inception in 2015. In the process of shutting it down, German authorities...
-
Vicious Kronos Variant Osiris Malware Recently Released and Proving Dangerous
We all remember Kronos—the malicious malware that was sold by Russian underground forums in 2014 for $7,000. If you bought it, you were promised updates and development of new modules. The Kronos developers recently released a new update (dubbed Osiris), which is presently attacking individuals in Germany, Japan, and Poland, with the U.S. in the...
-
New Report finds Executives “placing their heads in the sand” on cybersecurity
A new report commissioned by Tanium and Nasdaq finds that 90% of corporate executives admit that they can’t read a cybersecurity report and up to 40% of corporate executives do not feel personally responsible for cybersecurity for their organization. The report was the culmination of a survey of 1,530 nonexecutive directors and C-Suite executives in...