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ILLUSTRATION: EMIL LENDOF/WSJ, ISTOCK
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Federal authorities recently disrupted a network of hacked devices used by criminals in some of the largest online attacks yet seen. Now those devices have been hacked by someone new to build an even bigger weapon. A new age of dangerous botnets has arrived, leveraging new types of internet-connected devices with faster processors and more bandwidth, offering them immense power. (WSJ)
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U.S. and Chinese negotiators reached a framework deal on TikTok after two days of trade talks in Madrid, a crucial step toward ending the yearslong saga over whether the video-sharing app can operate in America just days before it was set to be banned.
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Beijing had previously shown little appetite for a deal on the popular app, but likely conceded to an agreement to keep alive its ambition for President Trump to visit China. (WSJ)
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Data breach on top of natural disasters: Nearly 45,000 Texas residents had their personal data compromised due to a software misconfiguration at the state's office of land management. Exposed information includes 10 years of applications for relief from the state after natural disasters, Texas officials said. (StateScoop)
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Luxury hack: Information about customers of design houses Balenciaga, Gucci and Alexander McQueen is for sale on the dark web, after Paris-based parent company Kering was hacked. ShinyHunters claimed responsibility for the strike.
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Payment-card data isn't among the exposed details, Kering said, but names and contact details are, along with total spending by each customer at the company's stores. (BBC)
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CISO move: Igor Zabara was promoted to CISO at Northwestern Mutual, succeeding Laura Deaner who in June became CISO at the Depository Trust & Clearing Corp. Zabara has been at the insurer since 2021, most recently as vice president of enterprise cybersecurity and identity access management.
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Crypto ATM company sued: Washington, D.C.'s attorney general, Brian Schwalb on Monday sued Athena Bitcoin Global, charging the ATM operator with knowingly doing business with scammers. More than 90% of deposits at Athena ATMs were traced to scams during an investigation by Schwalb's office, the suit said.
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Athena, based in Miami, runs more than 4,100 ATMs in the U.S. and four countries in Central and South America, according to its website. The company hasn't responded to the claims.
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Sentenced: A federal judge sentenced a former defense contractor to 10-and-a-half years in prison for attempting to sell U.S. Air Force warfare information and other material to the Russian government. The case against the South Dakota man stems from a 2021 indictment that accused him of soliciting an undercover FBI agent whom he thought was a Russian official, the Justice Department said. The man pleaded guilty in April 2024.
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187
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Number of crypto wallets that Israel plans to seize, saying they belong to Iran’s Islamic Revolutionary Guard, which uses the funds to finance terrorism. (TechCrunch)
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