Yang Jie and Liza Lin report: A Chinese software developer trawled Alibaba Group Holding Ltd. ’s popular Taobao shopping website for eight months, clandestinely collecting more than 1.1 billion pieces of user information before Alibaba noticed the scraping, a Chinese court verdict said. The software developer began using web-crawling software he designed on Taobao’s site starting in November…
Category: Business Sector
SEC Settles Enforcement Action for Disclosure Controls Violations Stemming from Data Security Incident
Kate Hanniford writes: The SEC has settled an enforcement action against a large title insurer in connection with public statements and disclosures made by the company in May 2019 relating to a data security incident. The underlying data security incident was the subject of the first set of charges brought by the New York Division of Financial…
Kr: HMM email systems hit by cyber virus attack
Marcus Hand reports that the South Korean shipping line has disclosed a breach: HMM said that an unidentified security breach was detected to its email servers in the early hours of 12 June leading to limited access to email systems. Over the following two days it said most of the confirmed damage to the system…
WI: Menominee Casino Resort temporarily closes after cyberattack
Ben Bokun and Alice Reid report: The Menominee Casino Resort confirms it’s experiencing technical difficulties following a cyberattack. A statement from the casino said the issues were caused by an “attempted external attack on our computer systems.” Tribal Legislature Chairman Gunnar Peters told NBC 26 the security breach happened Friday. The hit to the casino was…
A Fire And Cyberattack Cause Major Blackouts Across Puerto Rico
Jaclyn Diaz reports: A large fire at an electrical substation for Puerto Rico’s new electricity provider, Luma Energy, knocked out power for hundreds of thousands of the island’s residents Thursday. At the height of the blackout, nearly 800,000 customers were without power, according to Luma. By midnight, roughly 60,000 customers were still in the dark….
Volkswagen says a vendor’s security lapse exposed 3.3 million drivers’ details
Zack Whittaker reports: Volkswagen says more than 3.3 million customers had their information exposed after one of its vendors left a cache of customer data unsecured on the internet. The car maker said in a letter that the vendor, used by Volkswagen, its subsidiary Audi and authorized dealers in the U.S. and Canada, left the customer data…