Cyrus Farivar reports: On Wednesday, Tesla sued a former employee who worked in its Gigafactory in Nevada, accusing him of stealing trade secrets. The lawsuit appears to be what CEO Elon Musk was referring to recently when he said that production of the Model 3 had been sabotaged. […] According to the civil complaint that was filed…
Category: Business Sector
Bithumb $31 Million Crypto Exchange Hack: What We Know (And Don’t)
Wolfie Zhao reports: On Wednesday, roughly 35 billion Korean won (around $31 million) in cryptocurrency was stolen by hackers from the South Korea-based exchange Bithumb. Although the breach may not be as severe as the $530 million hack of the Coincheck exchange earlier this year, the fact that Bithumb now ranks as the sixth biggest…
Flightradar24 suffers security breach
Ry Crozier reports: Popular flight tracking site Flightradar24 has suffered a security breach that “may” have compromised the email addresses and hashed passwords of “a small subset” of users. Users began receiving emails overnight asking them to reset their passwords, and the company later confirmed in multiple forums the emails were genuine. Read more on…
Five massive data breaches affecting South Africans
How many of these didn’t you know about already? Tehillah Niselow reports on five big breaches affecting South Africans: Liberty (ZA) email hack ViewFines Driver License Details Facebook Scandal Master Deed’s data breach “biggest” digital security threat in SA Ster-Kinekor’s database compromised Don’t recognize some of them? Read the article on FIN24 to start to get…
Information Update 19 June 2018 on PageUp Incident
The Australian Cyber Security Centre (ACSC), the Office of the Australian Information Commissioner (OAIC) and IDCARE have released a joint statement: 18 June 2018 On Friday 1 June 2018 PageUp Limited, an online recruitment services organisation, notified their customers about a data incident in relation to the integrity of their systems – proactively informing of…
Hackers want millions from Liberty Life, or will start releasing sensitive data – Report
MyBroadband reports that hackers are attempting to extort Liberty Life: Financial services provider Liberty stated late on Saturday night that it had been hit by an IT systems breach. The company posted a notice to its website which said it had suffered “unauthorised access to its IT infrastructure”. […] According to a report in the Sunday Times…