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December 22, 2024 | International, C4ISR, Security

LockBit Developer Rostislav Panev Charged for Billions in Global Ransomware Damages

LockBit's developer charged for enabling global ransomware attacks netting $500M; U.S. leads extradition effort.

https://thehackernews.com/2024/12/lockbit-developer-rostislav-panev.html

On the same subject

  • EU to beef up cybersecurity

    November 20, 2017 | International, C4ISR, Security

    EU to beef up cybersecurity

    The General Affairs Council today adopted conclusions calling for the strengthening of European cybersecurity and enhancing cyber resilience across the EU, in line with the tasking from the European Council in October 2017. The conclusions stress the need for all EU countries to make the necessary resources and investment available to address cybersecurity. They welcome the intention of increasing EU efforts in cybersecurity research and development by setting up a network of cybersecurity competence centres across the Union. The Council also backs the plan to set up a world-class European cybersecurity certification framework to increase trust in digital solutions. The conclusions highlight the important connection between trust in digital Europe and achieving cyber resilience across the EU. Significant attention is paid to the strength of cryptography used in products and services within the digital single market. Other measures highlighted by the Council include providing the necessary law enforcement tools to tackle cybercrime, developing a coordinated EU-level response to large-scale cyber incidents and crises, and conducting pan-European cybersecurity exercises on a regular basis. Regarding the global and diplomatic aspects of cybersecurity, the Council recognises the importance of international cooperation and welcomes the creation of a clear framework for using the political, diplomatic and economic tools available to the EU as a response to malicious cyber activities. "Cybercrime and state-sponsored malicious cyber activities are one of the largest global threats to our societies and economies. We already lose around €400 billion globally every year due to cyber-attacks. This clearly underlines the need for the EU to use the available tools to increase stability in cyberspace and respond to large-scale cyber incidents. The EU simply has to stay ahead of the game,” said Matti Maasikas, Estonia's Deputy Minister for European Affairs and chair of today's Council meeting. “Increasing our efforts and investment in cybersecurity is a pre-condition for building a strong and trusted digital single market for our citizens,” Maasikas added. http://www.consilium.europa.eu/en/press/press-releases/2017/11/20/eu-to-beef-up-cybersecurity/

  • Italy prepares to launch submarine rescue vessel programme

    January 22, 2019 | International, Naval

    Italy prepares to launch submarine rescue vessel programme

    The Italian Ministry of Defence's Naval Armament Directorate is gearing up to launch its acquisition programme for a new multirole submarine rescue vessel by mid-2019. The Special and Diving Operations - Submarine Rescue Ship (SDO-SuRS), for which EUR424 million (USD481.7 million) has been earmarked from 2018, is intended to replace the ageing salvage ship, Anteo . Jane's understands that the vessel will have a modular design in order to carry out its three main tasks of submarine rescue in addition to supporting special forces and diving operations carried out by the Italian Navy's Comando Subacquei ed Incursori (COMSUBIN) special forces and divers command. Basic specifications include a full-load displacement of about 8,500 tonnes, an overall length of 120 m, and a 20 m beam. The ship will be powered by an integrated full-electric propulsion system (IFEP) - using two azimuthal propulsion pods and two bow-mounted thrusters - able to achieve a maximum speed of 15 kt. Full article: https://www.janes.com/article/85856/italy-prepares-to-launch-submarine-rescue-vessel-programme

  • L3Harris to lead integration of new space domain awareness system

    February 3, 2022 | International, Aerospace, C4ISR

    L3Harris to lead integration of new space domain awareness system

    The new system will modernize the U.S. Space Force's command-and-control capabilities and paves the way for the service to decommission the legacy Space Defense Operations Center.

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