That two law enforcement agents allegedly stole Bitcoins while investigating the Silk Road underground marketplace indicates fundamental flaws in the government's February conviction of Ross Ulbricht as the mastermind of the operation, Ulbricht's lawyer asserted Wednesday.
U.S. Secret Service - News, Features, and Slideshows
Two former U.S. government agents face charges related to stealing hundreds of thousands of dollars worth of bitcoin while assisting with an investigation of the Silk Road underground online marketplace, with one accused of using a fake online persona to extort money from operators of the site.
A U.S. Federal Bureau of Investigation spokesman said Wednesday the agency is working with the Secret Service to determine the "scope" of reported cyberattacks against several financial institutions.
The U.S. Congress should mandate that banks, retailers and payment card processors adopt new security standards to protect against widespread data breaches, some lawmakers said Wednesday.
Recent data breaches at Target and Neiman Marcus were sophisticated attacks not detected by robust cybersecurity measures, executives with the two companies told U.S. lawmakers.
- Free Whitepaper! Learn how IT is evolving from producer to enabler, and fostering collaboration around analytics.
- Free Whitepaper! The 5 criteria to help you select the right analytics platform for your organization.
- Free Whitepaper! Learn how to create an analytics environment that is governed, scalable and self-serve.