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Category: Business Sector

NY Man Pleads Guilty in $20 Million SIM Swap Theft

Posted on December 17, 2021 by Dissent

Brian Krebs reports: A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Nicholas Truglia was part of a group alleged to have stolen more than $100 million from cryptocurrency investors using fraudulent “SIM swaps,” scams…

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McMenamins hit by ransomware attack; chain says customer data appears secure but employee info at risk

Posted on December 16, 2021 by Dissent

Mike Rogoway reports: Portland hotel and brewpub chain McMenamins has been hit by a ransomware attack that left many of its computer systems inoperable. Intruders may have accessed some of its employee records, the company said Wednesday night, but appear to have left customer data untouched. McMenamins said it identified and blocked the attack on…

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Transamerica sued by 401(k) participant over data breach

Posted on December 16, 2021 by Dissent

Emile Hallez reports: A breach of 401(k) participant data earlier this year prompted a class action lawsuit this month against Transamerica Retirement Solutions. In June, the company became aware of a change within one of its websites that let employer customers view compromising data about participants in other retirement plans, according to a notice posted by the…

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Kronos hit with ransomware, warns of data breach and ‘several week’ outage

Posted on December 13, 2021 by Dissent

Jonathan Greig reports: HR management platform Kronos has been hit with a ransomware attack, revealing that information from many of its high-profile customers may have been accessed. UKG, Kronos’ parent company, said the vital service will be out for “several weeks” and urged customers to “evaluate and implement alternative business continuity protocols related to the…

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Arrest in Romania of a ransomware affiliate scavenging for sensitive data

Posted on December 13, 2021 by Dissent

The following is a press release: Europol’s European Cybercrime Centre (EC3) has supported the Romanian National Police (Poliția Română) and the US Federal Bureau of Investigation (FBI) in arresting a ransomware affiliate targeting high-profile organisations and companies for their sensitive data. The suspect – a 41-year-old Romanian national – was arrested today at his home in Craiova, Romania, in the early hours…

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Volvo had some R&D data stolen in security breach

Posted on December 11, 2021 by Dissent

Kirsten Korosec reports: Volvo Cars is investigating a cybersecurity breach and theft of a limited amount of the company’s research and development data. The data breach was reported Friday by the Swedish automaker. The company said one of its file repositories had been illegally accessed by a third party. Investigations have revealed that a “limited…

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