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Category: Business Sector

On September 2nd, the U.S. branch of Great Star Industrial Co. disbursed a ransom of 1 million dollars to a ransomware group

Posted on December 4, 2023 by Dissent

Over at SuspectFile, Marco A. De Felice writes: We are in the early days of last September when the American division of the Chinese multinational Hangzhou Great Star Industrial Co., Ltd (Great Star), in order to avoid the publication of administrative and company secrets documents, decided to negotiate with the Akira ransomware group and pay…

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AlphV claims an attack before even alerting the victim. How will that work out for them? (1)

Posted on December 3, 2023 by Dissent

So AlphV (aka BlackCat) is trying something different again, it seems. This time, it seems they are claiming a victim before they have even attempted to contact the victim or extort them. They post no proof of claims. They state that they are taking this approach because the victim’s cyberinsurance policy does not cover extortion,…

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After $50 Million Breach, KyberSwap Faces Hacker’s Shocking Demands

Posted on November 30, 2023 by Dissent

Alex Dovbnya reports: The individual claiming responsibility for the hack on KyberSwap, a multi-chain decentralized exchange (DEX) aggregator, has issued a set of astonishing demands through a transaction on the Ethereum blockchain. The hacker, self-identified as “Kyber Director,” is demanding complete executive control over Kyber, the company, and full authority over its governance mechanism, KyberDAO….

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Line operator says 440,000 personal records leaked in data breach

Posted on November 30, 2023 by Dissent

Kyodo News reported: Tech giant LY Corp. reported a massive data breach on Monday, saying as many as 440,000 items of personal data, including more than 300,000 linked to Line messaging app users, were leaked due to unauthorized access to an affiliate’s computer system in October. The leaked data did not contain information regarding bank…

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DFS Announces $1 Million Cybersecurity Settlement With First American Title Insurance Company

Posted on November 29, 2023 by Dissent

Press Release of November 28: The New York State Department of Financial Services (DFS) today announced that First American Title Insurance Company (First American) will pay a $1 million penalty to New York State for violations of DFS’s Cybersecurity Regulation (23 NYCRR Part 500) stemming from a large-scale cybersecurity breach in May 2019. The breach…

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Okta admits hackers accessed data on all customers during recent breach

Posted on November 29, 2023 by Dissent

Carly Page reports: U.S. access and identity management giant Okta says hackers stole data about all of its customers during a recent breach of its support systems, despite previously stating that only a fraction of customers were affected. Okta confirmed in October that a hacker used a stolen credential to access its support case management system…

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