Joseph Menn and Dustin Volz report: A 20-year-old Florida man was responsible for the large data breach at Uber Technologies Inc [UBER.UL] last year and was paid by Uber to destroy the data through a so-called “bug bounty” program normally used to identify small code vulnerabilities, three people familiar with the events have told Reuters….
Category: Business Sector
Cryptocurrency company NiceHash hacked; potentially millions in btc stolen
Becky Peterson reports: The contents of a digital wallet belonging to cryptocurrency company NiceHash, which included potentially millions of dollars worth of customers’ bitcoin, was stolen in a major security breach early Wednesday. The hack affected NiceHash’s payment system, and the entire contents of the company’s bitcoin wallet was stolen, the company said in a…
Former Sysadmin Caught Hacking His Ex-Employer by His Replacement
Catalin Cimpanu reports: On Wednesday, November 29, a Kansas City court sentenced a Missouri man to six years in federal prison without parole for hacking his former employer, stealing trade secrets, and for accessing child pornography. The man is Jacob Raines, 38, of Parkville, Missouri, who worked as IT manager for American Crane & Tractor…
July Systems data leak: Massive trove of sensitive information exposed online via unsecured database
India Ashok reports: A massive trove of sensitive data was left freely exposed online by San Francisco-based July Systems. The company’s cloud-based location intelligence and engagement platform called “Proximity MX”, which contains proprietary information belonging to the firm and its clients, were exposed via unsecured Amazon S3 databases. […] According to security researchers at Kromtech,…
A popular virtual keyboard app leaks 31 million users’ personal data
Zack Whittaker reports: Personal data belonging to over 31 million customers of a popular virtual keyboard app has leaked online, after the app’s developer failed to secure the database’s server. The server is owned by Eitan Fitusi, co-founder of AI.type, a customizable and personalizable on-screen keyboard, which boasts more than 40 million users across the…
UK: Hacker warned he faces jail after admitting cyber crimes
BBC reports an update to the Alex Bessell case: A computer hacker has admitted a series of cyber crimes, including attacks on Google, Skype and other companies. Alex Bessell from Liverpool, admitted nine offences, including receiving £50,000 from proceeds of a website he set up to sell malware and botnets. The 21-year-old’s crimes also included…