Kartikay Mehrotra and Alyza Sebenius report: Whether it was opportunity, strategy or sheer chutzpah, the suspected Russian hackers behind a massive cyber-attack revealed last month focused particular attention on technology companies, including cybersecurity firms entrusted to find malicious activity in their clients’ networks. Four cybersecurity companies announced this week that they had been targeted as…
Category: Business Sector
Citrix Employees Secure $2.3 Million Settlement for Data Breach
Porter Wells reports: Citrix Systems Inc.’s $2.275 million settlement offer to a class of current and former employees whose data was compromised by hackers over a five-month period earned a Florida federal judge’s initial approval. Judge Ron K. Altman preliminarily approved the class’s unopposed motion to approve the settlement terms Tuesday for the U.S. District Court for the…
Hezbollah’s cyber unit hacked into telecoms and ISPs
Catalin Cimpanu reports: A Hezbollah-affiliated threat actor known as Lebanese Cedar has been linked to intrusions at telco operators and internet service providers in the US, the UK, Israel, Egypt, Saudi Arabia, Lebanon, Jordan, the Palestinian Authority, and the UAE. The year-long hacking campaign started in early 2020 and was discovered by Israeli cyber-security firm…
Crypto Firm hacked for $1.4M reimburses users for stolen BTC and ETH
Varsha Saraogi reports: … In the past year, even established companies such as Twitter, Marriott International and SolarWinds were victims of laptop-wielding larcenists losing millions of resources and user data. Another such firm was Spain-based crypto trading firm 2gether where hackers stole roughly €1.2 m worth of cryptocurrency from its customers’ investment accounts. […] Now,…
Cypriot Hacker Pleads Guilty to Data Theft, Extortion
A Cypriot national who was extradited to the U.S. this past summer has pleaded guilty to conspiracy to commit fraud and to obtaining information from a protected computer. Prajeet Nair reports: Joshua Polloso Epifaniou, 21, of Nicosia, Cyprus, pleaded guilty this week to computer fraud conspiracy and obtaining information from a protected computer. He faces…
Citrix Employees Secure $2.3 Million Settlement for Data Breach
Porter Wells reports: Citrix Systems Inc.‘s $2.275 million settlement offer to a class of current and former employees whose data was compromised by hackers over a five-month period earned a Florida federal judge’s initial approval. Judge Ron K. Altman preliminarily approved the class’s unopposed motion to approve the settlement terms Tuesday for the U.S. District Court for…