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Feds Confirm Remote Killing of Volt Typhoon’s SOHO Botnet

US law enforcement has disrupted the infrastructure of the notorious China-sponsored cyberattack group known as Volt Typhoon.The advanced persistent threat (APT), which FBI Director...

China Infiltrates US Critical Infrastructure in Ramp-up to Conflict

The People's Republic of China is accelerating the development of its military capabilities — including cyber operations — because it believes it will need...

US government snoops building AI chatbot, report says

US spies are reportedly developing their own AI chatbot in a move to top China's prowess. The US Central Intelligence Agency's Open-Source Enterprise division will...

Sprawling Qakbot Malware Takedown Spans 700,000 Infected Machines

The infrastructure behind the infamous Qakbot malware, a favorite tool of cybercriminals far and wide, has been taken down by the Feds in an...

Dorsey-Backed Decentralized Twitter Rival Bluesky Launches in Beta

Decentralized social media protocol Bluesky has been launched in beta. The Jack Dorsey-backed application, one of many apps considered an alternative to Twitter, is...

FBI Announces Takedown of Hive Ransomware Network

The FBI announced the takedown of Hive, a ransomware network with members across multiple states in Europe and North America, in a recent...

View from Davos: The Changing Economics of Cybercrime

Editor's note: The author participated in a panel discussion at the World Economic Forum titled "Ransomware: To Pay or Not to Pay" on January 19,...

TikTok Banned on Govt. Devices; Will Private Sector Follow Suit?

Texas this week become the fifth US state to ban the TikTok app on government-owned devices over concerns about the social media app harvesting...

TikTok faces growing Republican backlash over security concerns

Chinese-owned social media platform TikTok is facing growing political backlash in the US as it was sued by the state of Indiana over data...

Report: Two Chinese Spies Used BTC to Bribe U.S. Official

Two Chinese spies are alleged to have tried to bribe a U.S. intelligence officer with bitcoin as a means of gaining information regarding the...

Senator Warren’s Bill Will Hurt Crypto, Not Russia (Opinion)

Hiding behind a nationalistic cause doesn’t make sanctioning validators any less reckless or any more effective.

Are cryptocurrency ransom payments tax-deductible?

Any ransom payments made in cryptocurrency are taxed as property rather than currency, so be aware of the U.S. tax implications.

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