New York State’s Attorney General has dropped her suit against Zoom after securing an agreement to implement security and privacy controls that address concerns that became apparent after the increased use of Zoom for distance learning and working from home. For all their flaws or vulnerabilities, you have to be somewhat impressed how quickly the…
Category: Business Sector
15-year-old hacker and crew of ‘evil geniuses’ accused of $24 million crypto theft
Bob Van Voris of Bloomberg reports: A 15-year-old hacker and his crew of “evil computer geniuses” stole nearly $24 million in cryptocurrency from an adviser to blockchain companies, according to a lawsuit filed in New York. Michael Terpin claims his phone was hacked and his money stolen in 2018 by a ring led by Westchester…
Hackers sell stolen user data from HomeChef, ChatBooks, and Chronicle
Ionut Ilascu reports: Three more high-profile databases are being offered for sale by the same group claiming the Tokopedia and Unacademy breaches, and the more recently reported theft of Microsoft’s private GitHub repositories. Going by the name Shiny Hunters, the group is now selling user records from meal kit delivery service HomeChef, from photo print service ChatBooks, and Chronicle.com, a…
Iran-linked hackers recently targeted coronavirus drugmaker Gilead – sources
Jack Stubbs and Christopher Bing report: Hackers linked to Iran have targeted staff at U.S. drugmaker Gilead Sciences Inc in recent weeks, according to publicly-available web archives reviewed by Reuters and three cybersecurity researchers, as the company races to deploy a treatment for the COVID-19 virus. Read more on Reuters.
Cognizant expects to lose between $50m and $70m following ransomware attack
Catalin Cimpanu reports: IT services provider Cognizant said in an earnings call this week that a ransomware incident that took place last month in April 2020 will negatively impact its Q2 revenue. “While we anticipate that the revenue impact related to this issue will be largely resolved by the middle of the quarter, we do…
REvil attackers claim to have obtained megastars’ legal files from NY entertainment law firm
James Ashley reports: The personal authorized affairs of dozens of the world’s largest music and movie stars — Girl Gaga, Elton John, Robert DeNiro, and Madonna amongst them — are in danger of publicity following a ransomware assault on a excessive profile New York leisure legislation agency. Grubman Shire Meiselas & Sacks have reportedly been…