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Category: Business Sector

Hacker Steals $7 Million Worth of Ethereum From CoinDash Platform

Posted on July 18, 2017 by Dissent

Catalin Cimpanu reports: An unknown hacker has taken over the official website of the CoinDash platform and modified an Ethereum wallet address during the company’s ICO (Initial Coin Offering). The hack took place today, just three minutes after CoinDash launched its ICO, which is something similar to an IPO.  Read more on BleepingComputer. CoinDash did…

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Ashley Madison parent corp in proposed $11.2 million data breach settlement

Posted on July 14, 2017 by Dissent

Jonathan Stempel reports: The owner of the Ashley Madison adultery website said on Friday it will pay $11.2 million to settle U.S. litigation brought on behalf of roughly 37 million users whose personal details were exposed in a July 2015 data breach. Ruby Corp, formerly known as Avid Life Media Inc, denied wrongdoing in agreeing…

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No Jio data theft, says Navi Mumbai police after initial probe

Posted on July 13, 2017 by Dissent

IANS reports: In a major relief to Reliance JIO customers, an initial police probe has found there was no theft of data by a computer engineer arrested from Rajasthan, a top investigating official said here on Thursday. “According to our probe so far, no data has been leaked or stolen. But investigations are still in…

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Singapore Personal Data Protection Commissioner fines ION Orchard

Posted on July 12, 2017 by Dissent

A financial penalty of $15,000 was imposed on Orchard Turn Developments for failing to make reasonable security arrangements to protect personal data of its members that was stored on its server. Orchard Turn Developments was also issued directions to patch all system vulnerabilities already identified, conduct a penetration test and rectify new weaknesses identified, as…

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How A Verizon Partner Exposed 14 Million Customer Accounts

Posted on July 12, 2017 by Dissent

Dan O’Sullivan reports: UpGuard’s Cyber Risk Team can now report that a misconfigured cloud-based file repository exposed the names, addresses, account details, and account personal identification numbers (PINs) of as many as 14 million US customers of telecommunications carrier Verizon, per analysis of the average number of accounts exposed per day in the sample that…

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Hackers nab credit card data from up to 1,000 California Realtors

Posted on July 11, 2017 by Dissent

Jeff Collins reports: Just over 1,000 California Association of Realtors members may have been affected by a breach of the online store they use to buy everything from blank home sales contracts and disclosure forms to books, software, magnets, lapel pins and coffee mugs. The malware attack, which occurred from March 13 through May 15, prompted CAR…

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