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Category: Business Sector

Supreme Court holds that monetary relief is unavailable under Section 13(b) of the Federal Trade Commission Act

Posted on April 23, 2021 by Dissent

Brian Wolfman notes: The first paragraph of the Court’s unanimous opinion in AMG Capital Management v. FTC sums it up: Section 13(b) of the Federal Trade Commission Act authorizes the Commission to obtain, “in proper cases,” a “permanent injunction” in federal court against “any person, partnership, or corporation” that it believes “is violating, or is about to…

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Ca: Canac hardware stores victims of a cyberattack

Posted on April 22, 2021 by Dissent

David Remillard reports (translation): The Quebec hardware store Canac was recently the target of a cyber attack, causing computer failures for nearly two weeks. For the moment, nothing suggests that sensitive data has been stolen. The cyberattack took place on April 9, confirms Patrick Delisle, the company’s marketing director. The firm seems to be cautiously optimistic…

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Elliman’s property management arm suffers data breach

Posted on April 22, 2021 by Dissent

Erin Hudson reports: Thousands of New York residents who live in buildings run by Douglas Elliman’s property management arm may have had their personal information compromised this month. Douglas Elliman Property Management’s three managing directors emailed hundreds of co-operative and condominium boards Monday to advise them that the company’s IT network — which contains data…

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Chinese military seen behind Japan cyberattacks

Posted on April 22, 2021 by Dissent

Kyodo and Bloomberg News report: China’s military is thought to have instructed a hacker group to conduct cyberattacks on nearly 200 companies and research institutes in Japan, including the Japan Aerospace Exploration Agency, investigative sources said Tuesday. Tokyo police referred a Chinese man, who is a member of the Chinese Communist Party, to prosecutors Tuesday…

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Fr: Cegos victim of ransomware attack

Posted on April 21, 2021 by Dissent

Update of April 23: A sharp reader pointed out that Cegos Group never actually declared this a ransomware attack, so my headline and first sentence either jumped the gun or are wrong. I have emailed Cegos to ask them if they will clarify and will update this if a response is received.  Cegos Group, a…

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UK: Drinks giant C&C Group subsidiary shuts down IT systems following security incident

Posted on April 21, 2021 by Dissent

Adam Bannister reports: Matthew Clark Bibendum (MCB), a distributor of alcoholic beverages and soft drinks in the UK and Ireland, says it’s working to restore IT systems following a cybersecurity incident. In a statement issued yesterday (April 18), constituent businesses Matthew Clark and Bibendum said they were “temporarily supporting customers and suppliers manually” having become…

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