Justice Department investigating surveillance of American journalists by TikTok’s Chinese owners

The Justice Department is investigating the surveillance of U.S. journalists by TikTok's Chinese owners, according to reports in the Wall Street Journal. The investigation started when he Beijing-based ByteDance Ltd. in December acknowledged that its employees misused their authority to access the data of journalists in an effort to identify leaks of...
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U.S. prosecutors and European authorities shut down cryptocurrency platform ChipMixer charging it laundered more than $3 Billion for cybercriminals including $700 million stolen by North Korean hackers

U.S. and European authorities have shut down cryptocurrency platform ChipMixer and charged its alleged operator, accusing it of laundering more than $3 billion of criminal proceeds, including $700 million allegedly stolen by North Korean hackers. They assert that ChipMixer was a sought-after platform for laundering illicit funds gained from ransomware attacks. crypto heists...
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Securities and Exchange Commission charges exiled Chinese businessman Miles Guo and financier William Je in $850 million fraud scheme

Chinese businessman Miles Guo and his financial advisor William Je have been charged by the Securities and Exchange Commission for their involvement in unregistered and fraudulent offerings that raised more than $850 million. According to the SEC’s complaint, https://www.sec.gov/litigation/complaints/2023/comp-pr2023-50.pdf since April 2020, Guo, also known as Ho...
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New cybersecurity regulations to be released in April and May include reporting material cyber incidents within four business days

In March 2022, the Securities and Exchange Commission proposed rules requiring public companies to report material cybersecurity incidents within four business days after a determination that this had occurred. https://www.sec.gov/rules/proposed/2022/33-11038.pdf. The proposed rules require, , current reporting about material cybersecurity incidents and periodic reporting to provide updates...
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Securities and Exchange Commission charges software company Blackbaud Inc for misleading disclosures about ransomware attacks harming charitable donors

The Securities and Exchange Commission today announced that Blackbaud Inc., a public company that provides donor data management software to non-profit organizations, agreed to pay $3 million to settle charges for making misleading disclosures about a 2020 ransomware attack that impacted more than 13,000 customers. The SEC’s order
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