Cybercrime , Fraud Management & Cybercrime , Information Sharing
As Governments Underinvest in Law Enforcement, Private Firms Fill Intelligence Gap Mathew J. Schwartz (euroinfosec) • July 10, 2020U.S. prosecutors this week revealed a newly unsealed 2018 indictment against the alleged hacker "Fxmsp" after his identity was revealed in a cybersecurity firm's report. That sequence of events has highlighted the importance of information sharing as well as law enforcement's reliance on private cybersecurity researchers. And it raised questions about the line between serving the public good and a private firm's bottom line (see: Fxmsp Probe: Feds Say Group-IB Report Forced Its Hand).
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On Tuesday, a federal judge approved a U.S. attorney's request to unseal an indictment and arrest warrant against Kazakhstan national Andrey Turchin, 37, who's been charged with five felony counts of computer fraud and abuse, wire fraud and access device fraud. The request was made after Turchin was named as being Fxmsp in a report published last month by Group-IB (see: Studying an 'Invisible God' Hacker: Could You Stop 'Fxmsp'?).
"Research by private companies is becoming not only a tool to tackle those behind cyberattacks, but also a key marketing tool in many companies' arsenals."
But prosecutors said another reason for the court docum ..
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