Last week I was looking for a powerful news hook to announce the agenda for Compliance Week West—our privacy and Big Data summit, to be held Nov. 14-15 in Silicon Valley. A group of Russian and Ukrainian hackers, freshly indicted by the feds in New Jersey, delivered exactly what I needed.

“Oh yeah, that’s really interesting stuff,” Jeff Tsai, special assistant attorney general for the state of California, and one of the point-people on privacy enforcement in that state, told me via phone. “If you want to see how big and sophisticated cyber-crime is getting, and what companies will have to do about it, those indictments tell the story.”