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Category: Business Sector

Italian company exposed as a front for malware operations

Posted on June 12, 2020 by Dissent

Catalin Cimpanu reports: For the past four years, an Italian company has operated a seemingly legitimate website and business, offering to provide binary protection against reverse engineering for Windows applications, but has secretly advertised and provided its service to malware gangs. The company’s secret business came to light after security researchers from Check Point began…

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Lion: Ransomware attack causing significant problems

Posted on June 12, 2020 by Dissent

Chris Keall reports: Lion confirms a cyber-attack first reported by the Herald on Monday is a ransomware attack – where hackers seize control of data or systems then demand a ransom that often runs to millions. The brewing giant and bar owner has taken systems offline as a precaution – hitting both manufacturing and customer orders. Read…

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UK: Flaw in property inventory website exposed thousands of users’ home contents

Posted on June 11, 2020 by Dissent

James Walker reports on an incident, which while unfortunate, provides us with an example of prompt incident response and thanking the researcher instead of shooting the messenger: A vulnerability in the website of Inventory Hive, a property inventory service, was leaking members’ personal information, including their name and address, along with internal and external property…

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UK: Reading Crown Court: Hungerford man avoids jail for computer hacking

Posted on June 11, 2020 by Dissent

John Garvey reports: A computer hacker from Hungerford has narrowly avoided an immediate prison sentence. The 22-year-old walked from the dock at Reading Crown Court on Monday with a suspended sentence after a judge told him: “We don’t want people like you hacking into our computers and stealing our private information.” Jack Shepherd had previously…

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Macy’s Settles Suit Over 2018 Data Breach for Up to $192K

Posted on June 11, 2020 by Dissent

Ella Chochrek reports the update to litigation stemming from a 2018 breach disclosed by Macy’s. Macy’s Inc. is paying up to $192,500 to settle a proposed class action suit after customer information was obtained by a third party in spring 2018. The department store chain received final approval from an Alabama federal judge Friday to…

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Hackers breached A1 Telekom, Austria’s largest ISP

Posted on June 11, 2020 by Dissent

Catalin Cimpanu reports: A1 Telekom, the largest internet service provider in Austria, has admitted to a security breach this week, following a whistleblower’s exposé. The company admitted to suffering a malware infection in November 2019. A1 said its security team detected the malware a month later, but that removing the infection was more problematic than…

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