In another attack the same year, they said the group used ransomware to shake down the Dutch arm of a U.S. According to Secretary Yellen, “Binance was allowing illicit actors to transact freely, supporting activities from child sexual abuse, to illegal narcotics, to terrorism, across more than 100,000 transactions.” Also delivering remarks were Deputy Attorney General Lisa Monaco and Commodity Futures Commission Chair Rostin Behman. Ukrainian police accused the ransomware-wielding group of attacking some of worlds biggest companies, including Norwegian aluminum giant Norsk Hydro in 2019. Ransomware is a global scourge requiring international cooperation to disrupt. 'The SANS Ransomware Summit 2024 event will help you and your team learn the current nature of cyber extortion and ransomware campaigns. Todays top 3 stories: 1 LinkedIn to Shut Down Service In China, Citing ‘Challenging’ Environment 2 7-Eleven took photos of some Australian customers. Expenditures on resilience will help companies reduce downtime, Acting National Cyber Director Kemba Walden said at the Billington Cybersecurity Summit. The Biden-Harris Administration remains committed to taking bold actions to combat ransomware. ![]() ![]() Penalties announced against the company were more than $4.3 billion, the largest enforcement action in the Treasury Department’s history. Ransomware payments are falling as victims refuse to pay up TechRadar Global chip shortage everything you need to know TechRadar. Free Summit: Friday, May 31 Live Online Chairs: Ryan Chapman, Mari DeGrazia Summit CPE Credits: 6. T00:12:57-05:00 Attorney General Merrick Garland and Treasury Secretary Janet Yellen announced enforcement actions against Binance, the largest cryptocurrency exchange in the world, and its founder and CEO Changpeng Zhao during a press conference from the Justice Department.
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