It’s the first formal attribution for the campaign that has swept up data from at least nine telecoms and the Treasury Department. 

The North Korean office responsible for the scheme, Department 53, was created to funnel money back into the country’s weapons programs.

The initiative had led to tangible changes, Jack Cable said upon his exit from the agency as senior technical adviser.

A joint takedown operation last year sought to disrupt Flax Typhoon’s compromise of hundreds of thousands of devices.

According to a letter sent to Senate leaders and obtained by CyberScoop, the compromises occurred through third-party software provider BeyondTrust, which provides identity and access management security…

Abiola Kayode, a 37-year-old Nigerian national, has been extradited from Ghana to the United States to face charges of conspiracy to commit wire fraud.  Kayode, who was…

The department’s Office of Foreign Assets Control said Guan Tianfeng used a zero-day exploit to deploy malware on 81,000 firewalls.

The bipartisan proposal would require the Treasury secretary to detail public-private efforts to prevent and combat such incidents in a report to Congress.

AI-specific fraud and cyber risks in the financial sector are especially pronounced for small banks, the agency’s chief AI officer said.

Kemba Walden, the former acting national cyber director, said that a ransom payment ban is the ultimate goal.