Tom Capon reports: Grindr’s security issues are once again in the spotlight as a third party app pinpointed users’ exact location. Despite constant reassurances from the app about the difficulties of exploiting their location technology, the latest security breach revealed how malicious parties can locate users. Discovered by blog Queer Europe, they used a third-party…
Category: Business Sector
Altaba to settle lawsuits relating to Yahoo data breach for $47 million
Zack Whittaker reports: Altaba, the holding company of what Verizon left behind after its acquisition of Yahoo, said it has settled three ongoing legal cases relating to Yahoo’s previously disclosed data breaches. In a Monday filing with the Securities and Exchange Commission, the former web giant turned investment company said it has agreed to end…
Perth Mint data breach bigger than thought
Australian Associated Press reports: A recent data breach at Perth Mint saw hackers take the personal details of about 3200 customers, far more than initially suspected, but investors have been assured their investment remains safe and secure. The mint said earlier this month the breach occurred on the system of a third-party technology provider and…
Russian spies detained in The Hague were planning cyber break-in at Swiss lab: NRC
DutchNews.nl reports: European intelligence services, including the Dutch military intelligence and security service MIVD, detained two Russian spies in The Hague earlier this year on suspicion of planning a computer break-in at a Swiss lab, the NRC and the Swiss paper Tages- Anzeiger revealed on Thursday night. The two men were preparing to travel to…
Banks Turn to the Courts for Data Breach Claims
Dawn Causey, Thomas Pinder and Andrew Doersam write: Banks frequently absorb fraud losses when the consumer is compensated for damage done by other sectors. When retailers with questionable security protocols are breached, banks support the customer throughout the fraud cycle: consumer outreach and notification, card reissuance, enhanced transaction monitoring and reassurance that the bank’s systems…
Hacker exploits EOS smart contract to steal $200K from gambling app
David Canellis reports: A million-dollar EOS gambling dApp suffered a major blow, just days after declaring itself to be the safest of its kind. Hackers have taken 40,000 EOS ($200,000) from the operating wallet of EOSBet by exploiting vulnerabilities in its smart contracts. “[…] A few hours ago, we were attacked, and about 40,000 EOS…