The U.S. Department of Treasury Financial Crimes Enforcement Network has issued a warning to financial institutions to be alert to the threat of fraud, ransomware and other types of criminal activity targeting COVID-19 vaccines and their distribution. The warning, issued Monday , states that COVID-19 vaccine fraud may include the sale of unapproved and illegally marketed ...

Genetic testing company 23andMe Inc. has raised around $82.5 million in new funding, according to a filing with the U.S. Securities and Exchange Commission. The Series F round was led by Sequoia Capital and NewView Capital and was undersubscribed, according to a report Monday by Bloomberg, with 23andMe having attempted to raise $85 million. A spokesperson for ...

Peer-to-peer coverage market provider Cover Protocol has been hacked, but in a twist on a traditional hacking story, the hacker has not only come forward but has also refunded the funds stolen. Cover Protocol offers a service in which users can buy cover on anything related to cryptocurrency. Working on a P2P basis, users buy ...

Coinbase Inc. today announced that it will suspend trading on Ripple Labs Inc.’s XRP cryptocurrency following a lawsuit filed against Ripple by the U.S. Securities and Exchange Commission alleging that the cryptocurrency is an unregistered security. The suspension of XRP trading is not immediate, though Coinbase has moved to restrict trading leading up to the ban. ...

Russian cryptocurrency exchange Livecoin has been hacked, with hackers managing to change the rates of cryptocurrencies traded on the service to earn quick profits. The hack took place over the night of Dec. 23-24. The exchange posted on its site Christmas Eve that the service was subject to a “carefully planned attack” that it suggested ...

Canadian voice over IP hardware and software maker Sangoma Technologies Corp. has been struck by a ransomware attack. The company, which offers products such as FreePBX and Switchbox and is also the owner of Asterix provider Digium Inc., disclosed the attack in a statement on Dec. 24. It said the ransomware targeted one of the company’s ...

The price of bitcoin hit another new high today as the cryptocurrency continues its record rally in December. Bitcoin, which surged through $20,000 Dec. 16, then $24,000 Dec. 20, hit $28,221.92 at 6:30 a.m. EST before profit-takers entered the market. Bitcoin was trading $26,721.61 as of 7:30 p.m., still above the $26,000 it passed on ...

IT management software solutions company HelpSystems LLC has acquired data security platform startup Vera Security Inc. for an undisclosed price. Founded in 2014, Vera offers a platform that enables organizations to secure, track and revoke access to confidential data across any platform or device. Offering services to customers in financial services, manufacturing, media and entertainment, and other ...

Transform Hospital Group Ltd., a U.K. provider of cosmetic and weight loss surgery, has been hit by ransomware, resulting in the theft of customer data including intimate pictures. Exactly when the attack took place is not clear. Transform, best known in the U.K. for breast enhancement surgery, described it only as a data security breach. ...

Citrix Systems Inc. has issued a threat advisory over a distributed denial-of-service attack that’s actively targeting Citrix Application Delivery Controllers. The campaign involves overwhelming the Citrix ADB Datagram Transport Layer Security network throughput to cause outbound bandwidth exhaustion that can result in potential outages. The effect of the attack is said to be more prominent on ...