Risky Bulletin Newsletter
February 20, 2023
Risky Biz News: Last of the Twitter hackers to be extradited to the US
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Ukraine cyber incident stats: The Ukrainian government says it recorded 2.8 times more cyber incidents throughout 2022 than in 2021. Officials say they registered 415 distinct cyber incidents throughout the year, most connected to Russia's military invasion.
Fines for SORM disobedience: The Russian Duma is working on a law that will introduce turnover-based fines for local telco providers that fail to install its SORM traffic monitoring system. SORM, initially introduced in the 90s, is special equipment installed in the telco's backend network that logs internet and telephony traffic and allows Russian law enforcement and intelligence services to search through the data. SORM is already mandatory for all Russian telcos, but no penalty was specified for companies that failed to implement it or refused to have the equipment working, which has been the case with the smaller operators. The fines will range from 0.001 to 0.003% of a telco's annual revenue, according to Russian news outlet Vedomosti.
Centralized database of fraudsters: Elvira Nabiullina, the head of the Central Bank of Russia, wants to create a centralized database of fraudsters to improve the security of Russian banks and their customers. We wonder if Mrs. Nabiullina's "centralized database" will also include all the Russian cybercrime groups and money launderers operating within Russia's borders.