From the SEC: The Securities and Exchange Commission today announced that the entity formerly known as Yahoo! Inc. has agreed to pay a $35 million penalty to settle charges that it misled investors by failing to disclose one of the world’s largest data breaches in which hackers stole personal data relating to hundreds of millions…
Category: Business Sector
Careem knew – or should have known – that they had a serious problem last year: researcher
Mark Sutton has some follow-up commentary on the Careem breach reported on this site yesterday: Gregg Petersen of Veeam Software said that not alerting customers to the breach for so long “isn’t acceptable”, and that organisations need to work faster to maintain the trust of their customers. Jordanian cybersecurity expert Raed Nesheiwat also said that…
Hong Kong Broadband Network announces new security measures after 380,000 customers’ info hacked
Sum Lok-kei reports: Hong Kong’s second-largest residential broadband provider will purge the data of 900,000 former customers, as well as reducing how long it holds information, after a hack last week compromised the data of hundreds of thousands of customers. Hong Kong Broadband Network (HKBN) announced the new security measures as CEO William Yeung Chu-kwong…
U.S. Seeks Long Jail Term For Yahoo Hacker, Sending ‘Message Of Deterrence’ To FSB
Mike Eckel reports: U.S. authorities have demanded a nearly eight-year prison sentence for a Kazakh-born computer hacker, asserting that a harsh term would send a message to Russia’s main intelligence agency about hacking and espionage. Federal prosecutors made the arguments in court filings in San Francisco ahead of the next hearing for Karim Baratov, who…
Dubai’s Careem admits to data breach of 14 million users
Khaleej Times reports: If you were a regular customer of ride-sharing service Careem, this piece of news might leave you worried. The Dubai-based company today acknowledged that a cyber attack on January 14, 2018 resulted in the theft of personal data of up to 14 million people in Middle East, North Africa, Pakistan and Turkey….
Ca: 1,100 Hamilton residents’ emails compromised following data breach
Lisa Polewski reports: The emails of about 1,100 residents have been compromised following a data breach of two waste collection apps, according to the city of Hamilton. Municipal Media Inc., the service provider for Recycle Coach and My Waste, reported the data breach to the city and several other municipalities earlier this week. Read more…