Crypto Mixing Tool Sanctioned for North Korean Cyber Collaboration
The U.S. Treasury Department sanctioned Sinbad, a crypto mixing service reportedly used by the Lazarus Group, North Korean threat actors, for money laundering tactics.
Crypto mixing services like Sinbad enable cybercriminals to launder millions in stolen virtual assets. According to the U.S. Treasury Department, Sinbad quickly became a Lazarus Group favorite among crypto-mixing services.
Behind the Navy’s First Cyber Strategy
To improve cybersecurity readiness, the U.S. Navy launched its first cybersecurity strategy.
The 14-page Navy cyber strategy outlined cybersecurity as a core competency in modern warfare and highlighted the importance of protecting the information environment.
Staples’ Orders Halted by Cyberattack
Staples announced via a message posted on their website that a cybersecurity risk was identified, resulting in temporarily halted customer support and delivery systems channels.
Staples assured its customers that all steps are being taken to protect customer data and will work continuously to get its systems back up and running.