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Category: Business Sector

Man sentenced 8 years in hard drive “shucking” theft scheme

Posted on January 23, 2020 by Dissent

Jeremy Childs reports: A 42-year-old man was sentenced to eight years in prison for participating in a complex theft scheme of computer hard drives, the Ventura County Sheriff’s Office said Tuesday. Peter Cuong Chi Nhan, 42, of El Monte, pleaded guilty to 12 felony counts of organized retail theft, receiving stolen property and conspiracy to…

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Microsoft discloses security breach of customer support database

Posted on January 22, 2020 by Dissent

Catalin Cimpanu reports on another leak discovery by Bob Diachenko: Microsoft disclosed today a security breach that took place last month in December 2019. In a blog post today, the OS maker said that an internal customer support database that was storing anonymized user analytics was accidentally exposed online without proper protections between December 5…

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Mitsubishi Electric discloses security breach, China is main suspect

Posted on January 20, 2020 by Dissent

Catalin Cimpanu reports: In a short statement published today on its website, Mitsubishi Electric, one of the world’s largest electronics and electrical equipment manufacturing firms, disclosed a major security breach. Although the breach occurred last year, on June 28, and an official internal investigation began in September, the Tokyo-based corporation disclosed the security incident today, only after…

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Oman’s largest insurance company hit by ransomware attack

Posted on January 19, 2020 by Dissent

TAS News Service reports: Muscat: Oman United Insurance Co SAOG, one among the largest insurers in the country has disclosed a “ransomware attack” on the company’s data centre early this month. In a filing to the Capital Market Authority (CMO) on Thursday, the company revealed that its systems were attacked on January 1st and said it…

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Security researchers — and journalists — need legislative protection in India for disclosing vulnerabilities

Posted on January 19, 2020 by Dissent

If there is anything positive at all about the legal bullshit 1to1Help,net has perpetrated to cover up their data leak and to deflect blame, it is the support I have received from the Internet Freedom Foundation in India. But before diving into that more, a quick update on 1to1Help’s shameful litigation: After reading the court…

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Former employees held for data theft from pharma firm in Hyderabad

Posted on January 16, 2020 by Dissent

Express News Service reports: Four persons were arrested by the Cyber Crime wing of Cyberabad police for stealing confidential data from a pharma company. Using the patented data of the firm, the accused manufactured similar products at Visakhapatnam. The accused are Gunturu Srikanth Reddy, Mekala Krishna Reddy, Mekala Venkat Reddy and S Yogeswara Rao. Read…

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