Rene Ritchie reports: Update: Apple has provided me with the following statement, which should close the door on speculation surrounding this purported exploit: “The recent report about a passcode bypass on iPhone was in error, and a result of incorrect testing” Yesterday, a security researcher reported on a possible brute-force passcode attack that affected iPhone…
Category: Business Sector
Former worker can’t sue Coca-Cola over data breach, U.S. Court says
Matt Miller reports: A former Coca-Cola employee has failed to convince a federal appeals court to revive his lawsuit against the soft drink colossus over a data breach. Shane Enslin simply has no proof that unauthorized charges to his online accounts stemmed from a Coke tech’s theft of company computers containing Enslin’s personal information, a…
Tokyo court: Data in Benesse leak not private enough for redress
A court opinion out of Tokyo may make it harder for plaintiffs in breach lawsuits in Japan to demonstrate harm or injury worthy of compensation. The breach and lawsuit against Benesse Corporation have been reported previously on this site in 2014 and 2015. Takuya Kitazawa reports: The Tokyo District Court rejected plaintiffs’ demands over a huge…
New Panama Papers Leak Includes Offshore Links To Lionel Messi, Cartier, Argentine Leader
Ryan Chittum and Will Fitzgibbon report: Two years after the Panama Papers rocked the offshore financial system, a fresh document leak from the law firm Mossack Fonseca reveals new offshore details about an array of global elites, including soccer superstar Lionel Messi, the Argentine president’s family and a former senior Kuwaiti official convicted of looting…
Tesla sues employee alleged to have stolen gigabytes of data
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…
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…