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Category: Business Sector

NL: Internet con men ripped off Pathe NL for €19m in business email compromise

Posted on November 13, 2018 by Dissent

Heads rolled in this one, when executives did not spot or prevent business email compromise. As reported by DutchNews.nl: The Dutch operation of the Pathé cinema group was ripped off by internet con men to the tune of over €19m, court documents published on Friday show. The con cost both the chief executive and financial…

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Mobile World flounders after serious security breach

Posted on November 13, 2018 by Dissent

Vietnam Investment Review reports: On November 7, a hacker has announced full 16-digit credit card numbers, claiming they belong to Mobile World customers. After sharing a file containing more than 5.4 million email addresses and 31,000 bank card numbers (six digits covered), claiming they belong to clients of Mobile World, an account called Erwincho continued…

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Iranian hackers suspected in cyber breach and extortion attempt on Navy shipbuilder Austal

Posted on November 12, 2018 by Dissent

Jane Norman reports: Iranian hackers are believed to be responsible for a cyber security breach and extortion attempt on Australia’s biggest defence exporter. Perth-based shipbuilder Austal earlier this month revealed an “unknown offender” had hacked into its computer systems, accessing staff email addresses and phone numbers as well as ship drawings and designs. Some of…

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A DJI Bug Exposed Drone Photos and User Data

Posted on November 10, 2018 by Dissent

Lily Hay Newman reports: DJI makes some of the most popular quadcopters on the market, but its products have repeatedly drawn scrutiny from the United States government over privacy and security concerns. Most recently, the Department of Defense in May banned the purchase of consumer drones made by a handful of vendors, including DJI. Now DJI has…

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Facebook May Face 100M Euro Lawsuit From France’s Internet Society Over Privacy Breach

Posted on November 10, 2018 by Dissent

Daniel R. Stoller reports: A French nongovernmental organization wants Facebook Inc. to pay 100 million euros ($113 million) and fix any problems stemming from recent data security incidents and privacy breaches. The Internet Society of France, a public interest group that advocates for online rights, sent a formal notice to Facebook and its subsidiaries Instagram…

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Security breach at Nordstrom involving contract worker breached employee data

Posted on November 10, 2018 by Dissent

Benjamin Romano reports: Seattle-based retailer Nordstrom is notifying employees of an information-security breach that exposed their names, Social Security numbers, dates of birth, checking account and routing numbers, salaries and more. Employees across the company received an e-mail notification and apology from co-President Blake Nordstrom on Wednesday informing them of the breach, a company spokesperson…

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