Manhattan U.S. Attorney Announces Arrest of Macau Resident and Unsealing of Charges Against Three Individuals for Insider Trading Based On Information Hacked from Prominent U.S. Law Firms

Preet Bharara, the United States Attorney for the Southern District of New York, and William F. Sweeney Jr., the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced the arrest of IAT HONG and the unsealing today of a 13-count superseding indictment charging HONG, BO ZHENG, and CHIN…

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No one is safe from hacking on Twitter — not even Marvel superheroes

These days, no one is safe from hacking — not even Marvel superheroes. A group of Marvel and Netflix Twitter accounts were hacked Wednesday morning by OurMine, a hacker group that says it targets high-profile social media accounts to advertise its security services. OurMine hacked into the accounts of both studios — including Marvel’s superhero franchise accounts such as The Avengers, Captain…

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Yahoo Billion Account Breach May Push Enforcement

Yahoo! Inc.’s disclosure of a billion-account data breach—its second major breach revelation in three months—will increase the likelihood of regulators taking public data security enforcement action, privacy and security professionals said Dec. 15. Edward J. McAndrew, a cybersecurity partner at Ballard Spahr LLP in Philadelphia, told Bloomberg BNA that it would be “very surprising if…

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