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Category: Business Sector

The threat within: Arrests of former employees announced in two New Jersey cases

Posted on April 9, 2017 by Dissent

Jessica Mazzola reports: An East Brunswick man was arrested Friday on charges he stole about 20,000 confidential files from his employer to open a consulting business after his retirement, federal authorities said. Anchi Hou, 61, a retired employee of DuPont, was charged was theft of trade secrets after allegedly copying and stealing the files from…

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Former Allegro worker accused of inserting ‘time bomb’ in company network

Posted on April 8, 2017 by Dissent

Craig S. Semon reports: A Shrewsbury man is accused of hacking into the main computer network of his former employer, Allegro MicroSystems, and uploading and inserting malicious computer programming code. Nimesh Patel, of 1 Ptarmigan Drive, Shrewsbury, is charged with violating the Computer Fraud and Abuse Act, trespassing and conversion. Read more on The Telegram.

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Gamestop.com Investigating Possible Breach

Posted on April 7, 2017 by Dissent

Brian Krebs reports: Video game giant GameStop Corp.  [NSYE: GME] says it is investigating reports that hackers may have siphoned credit card and customer data from its website — gamestop.com. The company acknowledged the investigation after being contacted by KrebsOnSecurity. “GameStop recently received notification from a third party that it believed payment card data from cards…

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Teen Hackers Stole $300,000 From a Travel Site and Used It to Buy a Ducati

Posted on April 7, 2017 by Dissent

Renaldo Gabriel reports: It was their ticket to life in the fast lane. A team of Indonesian hackers allegedly broke into the popular online ticketing site Tiket.com, stealing some Rp 4.1 billion ($308,000 USD) worth of airline tickets for the low-cost carrier Citilink. The mostly teenage hackers then sold the stolen tickets on Facebook, using…

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Leak of diabetic patients’ data highlights risks of giving info to telemarketers

Posted on April 7, 2017 by Dissent

Personal and health information of 918,000 vulnerable seniors was exposed on the Internet for months by a software developer working on a project. No one would have even known about it if the leak hadn’t been found by a guy with “too much time on his hands.” Before you give your personal or health insurance…

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Parents of accused Yahoo hacker claim son is innocent ‘scapegoat’

Posted on April 4, 2017 by Dissent

Jackie Dunham reports: The parents of a 22-year-old Ancaster, Ont. man charged in connection with a massive cybersecurity breach at Yahoo are speaking out in defence of their son. Akhmet and Dinara Tokbergenov say that their son, Karim Baratov, wasn’t a hacker. Instead, they say, he created websites in a “legitimate business” that paid for…

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  • Turkish Group Hacks Zero-Day Flaw to Spy on Kurdish Forces
  • Cyberattacks on Long Island Schools Highlight Growing Threat
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