Laura Dobberstein reports: Norwegian authorities announced on Thursday that they had recovered $5.9 million of cryptocurrency stolen in the Axie Infinity hack – an incident widely held to have been perpetrated by the Lazarus Group, which has links to North Korea. The Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim)…
Author: Dissent
MKS Instruments’ breach notification includes a surprising statement to reassure those affected
Well, this is a bit different. On February 13, MKS Instruments in Massachusetts (the U.S. parent company of the MKS and Atotech group of companies) became aware of a ransomware event. By February 16, they issued a notification letter to former and current employees who may have been affected. Their notification informed employees that, “While…
Update: Wawasee Community School Corporation victim of BlackCat attack
The Wawasee Community School Corporation in Indiana was reportedly the victim of a cyberattack by BlackCat. The threat actors have now leaked what they claim are 9.78 GB of files on their leak site because Wawasee did not pay their demands. Perhaps luckily for Wawasee, the download link is not working at this time. There…
Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao
Angus Berwick and Tom Wilson report: Global cryptocurrency exchange Binance had secret access to a bank account belonging to its purportedly independent U.S. partner and transferred large sums of money from the account to a trading firm managed by Binance CEO Changpeng Zhao, banking records and company messages show. Over the first three months of…
Acting Pennsylvania Attorney General Henry Secures $400,000 Settlement with DNA Diagnostics Center Stemming from Data Breach
HARRISBURG – Acting Attorney General Michelle A. Henry today announced a settlement with DNA Diagnostics Center – one of the world’s largest private DNA-testing companies offering diagnostic and genetic testing to help answer relationship, fertility, and health questions – after a data breach exposed the social security numbers of 12,663 Pennsylvanians who were subject to genetic testing…
Private Data Breach Litigation Comes of Age
Quinn Emanuel Urquhart & Sullivan, LLP write, in part: Companies face yet another major risk after a data breach—one which is increasing exponentially—data breach litigation brought by private plaintiffs, often in the form of class actions brought by sophisticated plaintiffs’ counsel who specialize in such cases. Private civil litigation is now a probability, not a…