Binance shares information with Russian Rosfin. Ukrainian tears quench the thirst of cybercriminals. The Philippines introduces a new breach notification system. Spain is investigating the surveillance of Catalan leaders.
In one look.
- Binance shares information with Russian Rosfin.
- Ukrainian tears quench the thirst of cybercriminals.
- The Philippines introduces a new breach notification system.
- Spain is investigating the surveillance of Catalan leaders.
Binance shares information with Russian Rosfin.
A investigation from Reuters reveals that about a year ago, Russia’s financial intelligence unit, known as Rosfinmonitoring or Rosfin, met with the regional head of the world’s largest cryptocurrency exchange, Binance, in an attempt to to convince the crypto giant to share customer data with Moscow. Rosfin was seeking information on millions of dollars worth of bitcoin linked to imprisoned Russian opposition leader Alexei Navalny, who had been added to a national terrorist list for allegedly trying to expose corruption in President Vladimir Putin’s government. According to a series of text messages, Binance’s head of Eastern Europe and Russia, Gleb Kostarev, agreed, saying he didn’t have “much choice.” Binance says it was never contacted by Russian authorities about Navalny, but admitted that Russia’s invasion of Ukraine, the exchange was “actively seeking compliance in Russia” and responding to “appropriate requests from regulators.” and law enforcement” in order to strengthen its activity. in Russia. Although other top fintech companies like PayPal, American Express and Binance competitor EXMO.com agreed to cease operations in Russia during the war, Binance continues to serve Russian users, with CEO Changpeng Zhao explaining that he is opposed to the war, but not to the “people on both sides of Ukraine and Russia who are suffering”.
Ukrainian tears quench the thirst of cybercriminals.
Demonstrating that there is no limit to the insensitivity of cybercrime, the Hill Explain how hackers are using global concerns about the war in Ukraine to their advantage. Bitdefender researchers found that the cybercriminals posed as Ukrainian government officials and charities like UNICEF and Act for Peace and even the Ukrainian mayor’s brother Vitali Klitschko in order to convince the targets to hand over their private data or their funds. The UK’s National Fraud & Cyber Crime Reporting Center has issued a public notice warning about cryptocurrency investment scams exploiting the crisis. Additionally, state-backed threat actors from China, Russia, Iran, and North Korea have used war-related content as bait in phishing schemes. The deployment by the China-linked Mustang Panda group of a malicious zip file titled “Situation at EU borders with Ukraine.zip”, and the threat group “Curious Gorge”, linked to the strategic support from the People’s Liberation Army of China, targeted the army. forces in Ukraine, Russia, Kazakhstan and Mongolia. Experts say that to combat such operations, the United States and its allies will have to seek collaboration between the private and public sectors and agree to share information.
The Philippines introduces a new breach notification system.
Business world reports that on April 20, the National Privacy Commission of the Philippines (NPC) launched its Data Breach Notification Management System (DBNMS), a data breach reporting system that will help those responsible for processing personal information submit annual security incident reports and personal data breach notifications. The NPC explains, “The DBNMS solves the limitations of manual submission and processing, while increasing public transparency by allowing PICs to access relevant, real-time information about their data breach notification. The NPC will no longer accept breach notifications and annual security incident reports via email, personal filing or physical submission, and Privacy Commissioner John Henry D. Naga said digitizing this process is part of the NPC’s efforts to embrace “emerging technologies that are revolutionizing privacy and data protection.
Spain is investigating the surveillance of Catalan leaders.
As we noted last week, an investigation by Citizen Lab revealed that more than sixty politicians, lawyers and activists linked to the Catalan separatist movement have been targeted by NSO Group’s Pegasus spyware. Reuters reports that yesterday the Spanish ombudsman said he planned to investigate allegations that the Spanish government may be behind the surveillance, in addition to an investigation to be carried out by the government intelligence agency CNI. The Ombudsman said he will assess “possible inappropriate use of the Pegasus software tools” which may have endangered “fundamental rights”, including privacy. The Spanish Ministry of Defense issued a statement in support of the investigation, confident that it will clear the CNI of any wrongdoing. The current president of the Catalan regional government, Pere Aragonès, was among those targeted and says the revelations have impacted negotiations over the semi-autonomous region’s upcoming elections with Spain’s new prime minister. Aragonese Told Haaretz, “a democratic state does not spy on its citizens…a democratic state does not listen to the private conversations of its political opponents.” In a videoconference interview, he also said that although it has not yet been proven that Madrid is responsible for the surveillance, “we suspect the Spanish intelligence agency. Who can be the other government that could be interested in my activities?This software can only be purchased by states.The Spanish intelligence agency said [in the past] that they bought this software. So yes, everyone is watching Madrid. He added that the Catalan is “committed to a peaceful political solution to the conflict between Catalonia and Spain”.