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Category: Business Sector

Cognizant expects to lose between $50m and $70m following ransomware attack

Posted on May 8, 2020 by Dissent

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…

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REvil attackers claim to have obtained megastars’ legal files from NY entertainment law firm

Posted on May 8, 2020 by Dissent

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…

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Bukalapak Denies Alleged Data Breach on Dark Web

Posted on May 6, 2020 by Dissent

Tempo.co reports:  E-commerce startup Bukalapak dismissed rumors saying that its platform was hacked and so a total of 13 million consumers’ private data were leaked. It ensured consumers’ data are safely maintained. “We are highly aware that cybersecurity risk can threaten anyone. The security of users’ data is our main priority so we always implement various efforts to tighten the security…

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(Updated) Hacker sells 22 million Unacademy user records after data breach; Unacademy confirms 11 million compromised

Posted on May 6, 2020 by Dissent

Lawrence Abrams reports: Online learning platform Unacademy has suffered a data breach after a hacker gained access to their database and started selling the account information for close to 22 million users. Unacademy is one of India’s largest online learning platforms boasting 14K teachers, over a million video lessons, and over 20 million registered users (learners)….

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SAP discloses security lapses; says there was no data breach

Posted on May 5, 2020 by Dissent

Douglas Busvine and Nadine Schimroszik report: Business software group SAP disclosed on Tuesday that some of its cloud products did not meet contractual or statutory security standards and said it would take remedial action to fix the problem as soon as possible. The shortcomings were not identified in response to a specific security incident, the…

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Data from Hundreds of Law Firms Left Exposed on Old Database, Report Says

Posted on May 5, 2020 by Dissent

Simon Lock reports: Detailed and potentially sensitive information uploaded by firms including Clifford Chance, Slaughter and May, Weil Gotshal & Manges and White & Case was left “exposed” on an open database platform, according to a report by a cybersecurity firm. The cache of data, which included Companies House forms, partial security authentication details, business email addresses…

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