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Category: Business Sector

Nigerian National Pleads Guilty to $1.25 Million Business Email Compromise Scam Impacting U.S. Company

Posted on August 4, 2023 by Dissent

 WASHINGTON – Onwuchekwa Nnanna Kalu, 39, a Nigerian National from Rivers State, Nigeria, pleaded guilty today to stealing $1.25 million from an investment firm located in Boston, through a business email compromise (“BEC”) scam. The plea was announced by U.S. Attorney Matthew M. Graves and Acting Special Agent in Charge David Geist, of the FBI Washington Field…

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SolarWinds’ $26 Million Deal in Russian-Hack Suit Gets Final Nod

Posted on August 1, 2023 by Dissent

Christopher Brown reports: SolarWinds Corp. will pay $26 million to settle an investor suit alleging it failed to disclose security vulnerabilities before a massive cyberattack, under an agreement given final approval by a federal court. Investors alleged the technology company misled them about its security practices before announcing a suspected Russian hack in late 2020, causing the…

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CardioComm, a provider of ECG monitoring devices, confirms cyberattack downed its services

Posted on July 27, 2023 by Dissent

Carly Page reports: CardioComm Solutions, a Canadian provider of consumer and professional-grade heart monitoring technologies, has been downed by an ongoing cybersecurity incident. The Toronto-based organization said on Tuesday that its business operations will be “impacted for several days and potentially longer” following a “cybersecurity incident on the Company’s servers.” At the time of writing,…

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Deloitte denies Cl0p data breach claims in wake of MOVEit attack

Posted on July 27, 2023 by Dissent

Ross Kelly reports: Deloitte has refuted claims that the Cl0p ransomware gang has breached its systems and stolen company data amid speculation online. The accountancy firm was cited as a victim on Cl0p’s breach disclosure blog, sparking concerns that clients at the consultancy could be at risk. In its disclosure, Cl0p claimed “the company doesn’t…

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Yamaha confirms cyberattack after multiple ransomware gangs claim attacks

Posted on July 26, 2023 by Dissent

Jonathan Greig reports: Yamaha’s Canadian music division confirmed that it recently dealt with a cyberattack after two different ransomware groups claimed to have attacked the company. The Yamaha Corporation — different from the spun-off motorcycle division — is a Japanese manufacturing giant producing musical instruments and audio equipment. It is considered the world’s largest producer…

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North Korean hackers targeting JumpCloud mistakenly exposed their IP addresses, researchers say

Posted on July 26, 2023 by Dissent

Zack Whittaker reports: Security researchers say they have high confidence that North Korean hackers were behind a recent intrusion at enterprise software company JumpCloud because of a mistake the hackers made. Mandiant, which is assisting one of JumpCloud’s affected customers, attributed the breach to hackers working for North Korea’s Reconnaissance General Bureau, or RGB, a hacking unit…

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