Delma Wilson reports on the dramatic developments in the cryptocurrency market after FTX announced a massive theft, FTX CEO Sam Bankman-Fried declared bankruptcy, and resigned. Satoshi Stacker tweeted that Kraken should be able to track down the thief/hacker because they had used Kraken to offload the stolen funds throughout the hack: BREAKING: The FTX ”Hacker”…
Category: Business Sector
Los Angeles prosecutors drop charges against Konnech CEO Eugene Yu, accused of overseeing ‘largest data breach in United States history’
Joseph Mackinnon reports: In an abrupt and hushed post-election reversal on Wednesday, the Los Angeles District Attorney’s Office (DAO) dropped all charges against Eugene Yu, citing “potential bias” in the investigation. A Los Angeles Superior Court judge granted the dismissal per the DAO’s request. Yu, a 64-year-old Chinese national, is the CEO of the Michigan-based…
Ransomware Gang Offers to Sell Files Stolen From Continental for $50 Million
Eduard Kovacs reports: A notorious ransomware group is offering to sell files allegedly stolen from German car parts giant Continental for $50 million. Continental reported in August that it had been targeted in a cyberattack that resulted in hackers accessing some of its systems. The company said at the time that the attack had been…
Canadian supermarket chain giant Sobeys suffered a ransomware attack
Pierluigi Pagani reports: Sobeys Inc. is the second largest supermarket chain in Canada, the company operates over 1,500 stores operating across Canada under a variety of banners. It is a wholly-owned subsidiary of Empire Company Limited, a Canadian business conglomerate. During the last week, grocery stores and pharmacies belonging to the company have experienced IT issues. Those IT issues…
Thales investigating — again — LockBit 3.0’s claims as share prices plummet after data leak
On November 3, Thales claimed that they had found no evidence to confirm any claim that LockBit 3.0 had breached their system. Today, LockBit 3.0 dumped some data, and not just a proof pack. They dumped more than 9 GB of data. MarketWatch reported: Shares in Thales SA fell Friday after it said that data…
Bits ‘n Pieces (Trozos y Piezas)
ES: Half a million taxpayers and 50,000 police have their information stolen by attackers El Economista reports the General Council of the Judiciary (CGPJ) suffered a cyberattack on its Punto Neutro Judicial (PNJ) platform that connects judicial bodies with other government agencies, including the National Police Force, the Attorney General’s Office, and the General Secretariat…