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Category: Business Sector

A ransomware gang made $260,000 in 5 days using the 7zip utility

Posted on April 25, 2021 by Dissent

Lawrence Abrams reports: A ransomware gang has made $260,000 in just five days simply by remotely encrypting files on QNAP devices using the 7zip archive program. Starting on Monday, QNAP NAS users from all over the world suddenly found their files encrypted after a ransomware operation called Qlocker exploited vulnerabilities on their devices. While most ransomware groups…

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Fr: Champagne group Laurent Perrier has been victim of cyber attack

Posted on April 25, 2021 by chum1ng0

Sudip Kar-Gupta reports that Laurent-Perrier revealed that it has been the victim of a cyberattack.  The French champagne house is the main company of the Laurent-Perrier Group, whose other flagship brands include the houses of Salon, De Castellane and Delamotte. The firm disconnected its servers after discovering its information network was hacked. No details were…

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Password manager Passwordstate hacked to deploy malware on customer systems

Posted on April 24, 2021 by Dissent

Catalin Cimpanu reports: A mysterious threat actor has compromised the update mechanism of enterprise password manager application Passwordstate and deployed malware on its users’ devices, most of which are enterprise customers. Click Studios, the Australian software firm behind Passwordstate, has notified its 29,000 customers earlier today via email. Read more on The Record.

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Malware attack on Radixx Res disrupts 20 airlines’ ticket reservation systems

Posted on April 24, 2021 by chum1ng0

Radixx, a subsidiary of Sabre Corporation, provides an air passenger ticket reservation system for low-cost airline carriers. On April 22, Radixx announced that Radixx Res™ had experienced a malware incident on April 20 that impacted its reservation system. The incident reportedly did not impact Sabre systems, and the customer database was not compromised. The incident…

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De: Suspected ransomware: “Cyber attack” on the Madsack publishing group

Posted on April 24, 2021 by chum1ng0

The publishing company Madsack GmbH & Co. KG (and Madsack Media Group) is a German publishing and media group based in Hanover. The core business consists of 15 regional daily newspapers. Axel Kannenberg reports (translation): The Madsack publishing group has apparently been attacked by ransomware. According to a media report, an internal mail from the…

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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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