Sophisticated

US Treasury Breached By ‘Sophisticated Hacking Group’ Backed By Foreign Government: Report

The US Treasury was allegedly hacked by a “sophisticated hacking group backed by a foreign government” which “stole information from the US Treasury Department and a US agency responsible for deciding policy around the internet and telecommunications,” according to Reuters, citing people familiar with the matter. The report comes one week after US cybersecurity firm…

How “Highly Sophisticated” Chinese Money Brokers Launder Mexican Drug Cartel Money On Burner Phones

U.S. law enforcement agents told Reuters that powerful Chinese “money brokers” operating in small cells have “upended the way narcotics cash is laundered.” They’re replacing traditional Mexican and Colombian money men who would typically launder drug money.  In focus is a Chinese businessman named Gan Xianbing, who will be sentenced early next year in a Chicago courtroom…