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Category: Business Sector

Insider threat: Months after being fired, former employee accessed company’s computer test system and deleted servers, causing it to lose S$918,000

Posted on June 14, 2024 by Dissent

CNA reports: Singapore: Upset that he was fired, an employee accessed his former company’s computer test systems and deleted 180 virtual servers, costing them about S$918,000 (US$678,000). Kandula Nagaraju, 39, was sentenced to two years and eight months’ jail on Monday (Jun 10) for one charge of unauthorised access to computer material. Another charge was…

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You permanently closed your business and then got hit with a ransomware attack. It just doesn’t seem fair, does it?

Posted on June 13, 2024 by Dissent

From a breach notification by civil law firm Santoro Whitmire in Las Vegas: Recently, after the firm permanently closed its business, we were the target of a ransomware attack. Ransomware is a computer virus that encrypts computer systems until and unless we pay money (i.e., the ransom) demanded by the attackers. We immediately notified law…

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Snowflake to Close Hacking Probe Into Attack Targeting Clients

Posted on June 13, 2024 by Dissent

Charles Gorrivan and Brody Ford report: Snowflake Inc. plans to close its own investigation this week into a hacking campaign that ensnared as many as 165 of its customers. The cloud data and analytics company hasn’t detected any unauthorized access into customer accounts since early last week, Chief Information Security Officer Brad Jones, said in an interview with Bloomberg News….

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What Snowflake isn’t saying about its customer data breaches

Posted on June 8, 2024 by Dissent

Zack Whittaker reports: Snowflake’s security problems following a recent spate of customer data thefts are, for want of a better word, snowballing. After Ticketmaster was the first company to link its recent data breach to the cloud data company Snowflake, loan comparison site LendingTree has now confirmed its QuoteWizard subsidiary had data stolen from Snowflake. “We…

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Frontier Communications Hack Ensnares 750,000 Customers, SSNs Stolen

Posted on June 8, 2024 by Dissent

Michael Kan reports: April’s cyberattack on internet service provider Frontier Communications enabled hackers to steal Social Security numbers for 750,000 users. In a data breach notice sent to Maine’s attorney general, the ISP says the incident affected 751,895 people. The company is preparing to send out data breach notifications to affected consumers as the hacking group allegedly responsible…

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Russian hackers claim DDoS attack on Spanish defense company

Posted on June 7, 2024 by Dissent

Inti Landauro and Andrei Khalip reports: Santa Barbara Systems, a General Dynamics (GD.N) subsidiary in Spain that is refurbishing Leopard tanks for delivery to Ukraine, suffered a cyberattack on its website, a pro-Russia hacker group said. A spokesperson for General Dynamics confirmed that the defence contractor’s Spanish unit had been targeted in an attempted cyberattack “that…

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