Nikola founder Trevor Milton indicted on three counts of fraud

Trevor Milton, the fast-talking showman founder of Nikola and the electric truck startup’s former CEO and executive chairman, has been charged with three counts of fraud. Milton “engaged in a fraudulent scheme to deceive retail investors” for his own personal benefit, according to the federal […]

Technical issues compel ransomware operator to switch to good ol’ data theft and extortion scammers

Unable to fine tune their decryptor, the threat actors behind the Babuk ransomware have changed their business model, and are no longer encrypting their victim’s data, according to cybersecurity researchers. While it initially attacked Windows machines, the ransomware had added a cross-platform binary that allowed […]