Catalin Cimpanu reports: The Conti ransomware gang has been linked to an attack on Delta Electronics, a Taiwanese electronics manufacturing company and a major supplier of power components to companies like Apple and Tesla. The attack took place last Friday, on January 21, according to a statement shared by the company with stock market authorities. Read more…
Category: Business Sector
CEO of Cryptsy, a Major Online Cryptocurrency Exchange Company, Indicted for Defrauding Company’s Customers, Destroying Evidence, and Tax Evasion
Miami, Florida – A 17-count indictment was unsealed in federal court in Miami, Florida charging Paul E. Vernon, 48, the founder, operator, and Chief Executive Officer (CEO) of Project Investors Inc., doing business as Cryptsy, with criminal violations for his involvement in a sophisticated theft scheme involving his cryptocurrency exchange. The charges include tax evasion,…
Some members getting alerted about a September ransomware attack, Charlotte YMCA says
Jonathan Limehouse reports: The Charlotte YMCA is alerting some of its members this week about a data breach four months ago, the nonprofit said Friday. The YMCA of Greater Charlotte, in a news release, said it recently concluded an investigation into a ransomware attack that was detected on Sept. 10. The Y launched its “response…
Revised Health Breach Notification Rule resources spell out companies’ legal obligations
Lesley Fair writes: Shoppers can find a plethora of apps, trackers, and sensors that hold or capture almost every conceivable form of personal health information. If your business or nonprofit offers products like that or provides certain services to entities that do – and you aren’t subject to HIPAA – you may be covered by…
Hacker steals $200,000 through Multichain bug, offers to return 80% to victim
Tim Copeland reports: The ongoing exploitation of the cross-chain protocol Multichain has now totaled $1.5 million, according to ZenGo co-founder Tal Be’ery. A bug in the protocol is being exploited by multiple blockchain wallets, with either one hacker or many behind the attacks. One of the hackers, who has stolen $200,000 through this bug, has offered some remorse….
Moncler confirms ransomware attack and data breach
Sead Fadilpašić reports: Italian luxury fashion brand Moncler has confirmed it suffered a major ransomware attack that led to a data breach. In a press release, the company said that after the incident occurred in late December last year, it had received a ransomware demand, which it rejected, as it goes “against its founding principles”. As a…