Hackers target european security watchdog and law firms; medical marijuana database breached – nextgov. com

Hackers targeted the IT systems of the international security monitoring group Organization for Security and Cooperation in Europe, the group’s spokeswoman said Wednesday.

Though Le Monde newspaper said a “Western intelligence service” attributed the attacks to Russia-linked group APT28, also known as Fancy Bear, an OSCE spokeswoman told Reuters the organization does not want to speculate who is behind them.

Three Chinese citizens made $4 million in illegal profits after hacking into New York-based law firms for insider information about pending mergers and acquisitions, according to a Justice Department release.

Federal prosecutors in Manhattan on Tuesday unsealed charges against Iat Hong, Bo Zheng and Chin Hung for conspiracy, insider trading, wire fraud and computer intrusion.

From April 2014 through late 2015, the trio allegedly targeted at least seven unnamed law firms that handle M&A transactions, hacking into the networks, servers and emails to find information about deals that hadn’t been publicly announced. S note data recovery The release states they attempted to access law firms more than 100,000 times in 2015, and successfully exfiltrated information from at least two firms.

They then bought into target companies prior to deal announcements and then sold them for about $4 million in profits. Database 4d Some of the deals included biotech company Intermune, chipmaker Intel and business logistics company Pitney Bowes Inc.

“This case of cyber meets securities fraud should serve as a wake-up call for law firms around the world: you are and will be targets of cyber hacking, because you have information valuable to would-be criminals,” U.S. List of data recovery software Attorney Preet Bharara said in a statement.

Hong, a resident of Macau, was arrested Dec. Types of data recovery 25 in Hong Kong and faces pending extradition proceedings. Data recovery android app Zheng, a Macau resident, and Hung, a Changsha, China, resident, are not in custody, according to a Reuters report. Z a r data recovery The three worked for Robotics Company, a startup founded by Zheng to develop robot controller chips and control system solutions.

The U.S. Database hacking Securities and Exchange Commission also charged the trio with violating the antifraud provisions of the federal securities laws and related rules, and is working to freeze their assets. Data recovery las vegas The SEC’s investigation is ongoing.

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