FBI has lead in probe of 1.2 billion stolen Web credentials: documents

By Nate Raymond NEW YORK (Reuters) – A hacker who once advertised having access to user account information for websites like Facebook and Twitter has been linked through a Russian email address to the theft of a record 1.2 billion Internet credentials, the FBI said in court documents. The papers, made public last week by a federal court in Milwaukee, Wisconsin, provide a window into the Federal Bureau of Investigation's probe of what would amount to the largest collection of stolen user names and passwords. The court papers were filed in support of a search warrant the FBI sought in December 2014 and that was executed a month later related to email records.

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DraftKings hires Exiger to review financial controls, compliance

Daily fantasy sports company DraftKings said on Tuesday it hired regulatory risk and compliance firm Exiger to conduct a review of its financial, operational, compliance and risk controls, as the company and its top competitor, FanDuel, have come under fire from state and federal regulators.

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