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Category: Business Sector

Bombardier takes Mitsubishi to court, accuses it of ‘data’ theft

Posted on October 23, 2018 by Dissent

The Asahi Shimbun reports: The beleaguered manufacturer of the Mitsubishi Regional Jet is being sued by Canada’s Bombardier Inc. on grounds it unlawfully obtained trade secrets. Montreal-based Bombardier filed a lawsuit Oct. 19 at the U.S. District Court for the Western District of Washington state in Seattle against Mitsubishi Aircraft Corp., claiming the company unlawfully…

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Trade.io Suffers a Rare Cold Wallet Hack as it Loses $7.8 Million U.S. Dollars

Posted on October 23, 2018 by Dissent

Nilesh Maurya reports: Unfortunately, hacks have been pretty common with cryptocurrency exchanges across the globe. But what Trade.io, a lesser-known Switzerland-based cryptocurrency platform, suffered was a rare attack as it affected the exchanges cold wallet. According to the post released on the exchanges Medium blog, the exchange’s security team was alerted to a suspicious transaction…

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Tumblr’s ‘recommended blogs’ feature exposed user data

Posted on October 23, 2018 by Dissent

Julia Alexander reports: A security bug that hit Tumblr’s recommended blogs module may have exposed users’ private information, according to an open letter. Information like email addresses, passwords, IP addresses, and self-reported locations may have become exposed due to the bug if individual accounts were hit. It’s unclear if the bug affected individual accounts, according…

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A Washington ISP exposed the ‘keys to the kingdom’ after leaving a server unsecured

Posted on October 23, 2018 by Dissent

Zack Whittaker reports: A Washington state internet provider left an unprotected server online without a password, exposing network schematics, passwords and other sensitive files for at least six months. Worse, it took the company a week to shut off the leak, despite several phone calls and emails warning of the exposure. The little-known internet provider,…

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This Is What The Morrisons Data Leak Class Action Means For Future Breaches

Posted on October 23, 2018 by Dissent

Kate O’Flaherty reports: UK supermarket Morrisons is facing a massive payout to staff after losing the first data leak class action in the UK. It comes after Andrew Skelton, a senior internal auditor at the retailer’s Bradford headquarters, leaked employee data online in 2014. Last year, a court ruled the firm was liable for his actions….

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Super Micro trashes Bloomberg chip hack story in recent customer letter

Posted on October 23, 2018 by Dissent

Catalin Cimpanu reports: In a letter sent to customers last week, Super Micro Computer (dba Supermicro) has thrashed a Bloomberg article that claimed the company’s motherboards contained a secret chip inserted by the Chinese government for cyber-espionage purposes. “We are confident that a recent article, alleging a malicious hardware chip was implanted during the manufacturing…

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