Chris Bing reports: Hackers armed with destructive malware appear to have compromised the main IT service provider for the Winter Olympic Games months before last week’s highly publicized cyberattack. Publicly available evidence analyzed by experts and reviewed by CyberScoop suggests that whoever deployed the Olympic Destroyer malware on Feb. 9 likely previously penetrated a series of computer systems around December…
Category: Business Sector
Victims of cryptocurrency hack suing Coincheck for $650 million theft
Jake Sturmer reports: Victims of one of the world’s largest cryptocurrency hacks are suing Coincheck, the Japanese company whose network was breached in a theft worth more than $650 million. Lawyers have launched proceedings against the company in the Tokyo District Court, and believe the case could turn into one of the biggest consumer rights…
12 years in prison for man who hacked Nasdaq, helped swipe 160M credit cards
Cyrus Farivar reports: Two Russian men convicted of their involvement in a massive hack of the Nasdaq stock exchange, Citibank, and other major companies have been given hefty sentences. The two men, Vladimir Drinkman and Dmitriy Smilianets, pleaded guilty in 2015. On Wednesday, Drinkman was sentenced to 144 months, while Smilianets was given 51 months. Read more…
Western Union Customer Data Stolen – Company Blames an Unnamed Storage Firm
Rafia Shaikh reports: Trusted Western Union with your money? It appears the company may have lost your information to hackers. While the company talks about testing transactions with Ripple and expects higher sales in 2018, it seems it’s having some troubles with security. Some of the Western Union consumers started receiving a letter from the…
Etsy Discloses Tax-Related Privacy Breach
Ina Steiner reports: Etsy confirmed a privacy breach impacted about 1,500 sellers. The incident was caused by human error and was not related to any hacking or website vulnerability. The incident occurred on January 30, 2018, when an Etsy seller requested a copy of their 2016 federal 1099 tax form. Etsy sent a letter to…
Unsecured server exposed thousands of FedEx customer records
Zack Whittaker reports: FedEx has exposed private information belonging to thousands of its customers after a legacy server was left open without a password. The discovery was made by security researchers at the Kromtech Security Center, which posted details of the exposure alongside ZDNet. The data, hosted on a password-less Amazon S3 storage server, was…