Tag: Department of Justice
DOJ seizes $2.3 million in cryptocurrency paid by Colonial Pipeline to hackers
June 8, 2021SSN Staff
WASHINGTON—The Department of Justice (DOJ) announced on June 7, 2021, that it seized 63.7 bitcoins currently valued at approximately $2.3 million, allegedly representing the proceeds of a May 8 ransom payment made by Colonial Pipeline to cybercriminal group DarkSide.
The DOJ’s announcement of the seizure of funds came just one month after Colonial Pipeline suffered a devastating ransomware attack on May 6 at the hands of DarkSide in what was arguably the largest cyberattack against...
ESA says school security spending needs to be about equipment
July 16, 2014Leif Kothe
WASHINGTON—The U.S. government has devoted more than $300 million over the past two years to enhancing school security. While that money has gone toward the production of reports, research, assessments and position papers, among other things, it has not gone toward the actual installation of electronic security systems, John Chwat, director of government relations at the Electronic Security Association, told Security Systems News.Through the past two fiscal cycles, $90 million and $75 million...
Newtown shootings raise profile of debate on school security
January 16, 2013Rich Miller
WASHINGTON—The fiscal cliff has been averted. But the vertigo it induced is still being felt on Capitol Hill, with school security thrown into the budget mix as the 113th Congress got down to business in January.While lawmakers acted at the end of 2012 to prevent Bush-era tax breaks from expiring for most Americans, defense and other program cuts weren't addressed. That task was pushed into 2013, along with new debate on raising the debt ceiling.The latest round of budget deliberations will...