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,…
Category: Business Sector
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…
Bot Lets Hackers Easily Lookup Facebook Users’ Phone Numbers
Joseph Cox reports: A user of a low level cybercriminal forum is selling access to a database of phone numbers belonging to Facebook users, and conveniently letting customers lookup those numbers by using an automated Telegram bot. Although the data is several years old, it still presents a cybersecurity and privacy risk to those whose…
Palfinger Group crippled by massive attack
As seen on the home page of their web site: PALFINGER Group is currently the target of an ongoing global cyber attack. IT infrastructure is disrupted at the moment (including sending and receiving emails, ERP systems). A large proportion of the group’s worldwide locations are affected. It is not possible to estimate the precise extent…
DENIED! Court REJECTS Motion to Certify Class in Data Breach Alleging Disclosure of Employees’ Sensitive Tax Information
Kristin L. Bryan of Squire Patton Boggs writes: Data breach litigations rarely make it to motions for class certification. This trend makes each decision that does come out addressing class certification in the data breach context that much more interesting. Well, last week a federal court denied a plaintiff’s motion to certify a class in…