A Ukrainian hacker who played a major role in a $100 million insider-trading and newswire hacking scheme has plead guilty to stealing unpublished news release. The fraud scheme, as the U.S. Justice Department puts it, is the “largest known computer hacking and securities fraud” ever.
Vadym Iermolovych, 28, has plead guilty to working with two other Ukrainian hackers to steal 150,000 press release from servers belonging to prominent newswire agencies including PR Newswire, Business Wire and Marketwired.
While the U.S. Govt has previously brought charges against other defendants who stand accused in the case, Iermolovych is the first hacker to be convicted after pleading [...]
Apple Inc. has asked a federal judge to reject the U.S. Justice Department’s recent order to require it to help unlock an iPhone used in a New York drug case, according to Nasdaq. Apple is also trying to get the government to provide information about its phone hacking activities.
Apple has been fighting the Justice Department on the question of forcing the company to help investigators unlock iPhones. The government dropped one case last month after an unnamed third party provided a new way to unlock a phone. The FBI claimed the technique used in that case works only on limited iPhones.Legal Wrangling Continues
Federal prosecutors want Apple to help retrieve data from [...]
The Homeland Security and Government Affairs Committee, U.S. Senate committee, has sent letters to the Justice Department and the Department Homeland Security (DHS) asking about the ransomware threat to the public and if any government agencies have paid ransoms to remove ransomware, according to nextgov.com.
There have been incidents of local law enforcement agencies paying ransoms to hackers to remove ransomware.
Sen. Ron Johnson, a Wisconsin Republican, and Sen. Tom Carper, a Delaware Democrat, sent a letter to both federal agencies seeking information on what government agencies at all levels are doing about ranswomware threats.Senators Want Specific [...]