Antonio Sanchez reports an update to a case previously noted on this blog one year ago: All charges against a former employee of a Rio Rancho internet service company, including embezzlement and extortion, were dismissed this fall due to a lack of evidence, according to court documents. The 13th Judicial District Attorney’s Office dropped the…
Category: Business Sector
ThyssenKrupp secrets stolen in ‘massive’ cyber attack
Eric Auchard and Tom Käckenhoff report: Technical trade secrets were stolen from the steel production and manufacturing plant design divisions of ThyssenKrupp AG (TKAG.DE) in cyber attacks earlier this year, the German company said on Thursday. “ThyssenKrupp has become the target of a massive cyber attack,” the industrial conglomerate said in a statement. In breaches discovered by the…
Online mall Interpark fined 4.5 bln won ($3.8 million) over data leak
Yonhap News reports: South Korea’s telecommunications watchdog said Tuesday that it has decided to impose a fine of 4.5 billion won (US$3.8 million) on major online shopping mall Interpark Corp. for its failure to protect information of customers in a hacking attack blamed on North Korea. The Korea Communications Commission made the decision at its…
Former IT employee at Expedia pleads guilty to snooping on emails for stock deals
Gene Johnson reports: A former information technology worker at Expedia Inc. pleaded guilty Monday to securities fraud after authorities said he used his access to the computers of top executives to rummage through their email, then made lucrative, illegal stock trades based on the inside information he discovered. Prosecutors said Jonathan Ly, 28, of San Francisco…
Experian denies that database up for sale on dark web is their data
It was only last week that Experian released a white paper on what it sees as data breach risks for 2017. Perhaps ironically, then, it was only days later when a dark web vendor claimed to have Experian’s database for sale. HackRead reported on “DoubleFlag’s” listing: The hacker claims he has access to the Experian database which contains…
DailyMotion Allegedly Hacked, 85 Million User Accounts Stolen
Catalin Cimpanu reports: An unknown hacker has supposedly breached video sharing platform DailyMotion and stolen details for 87.6 million accounts, belonging to approximately 85 million users, according to data breach index website LeakedSource. LeakedSource, who provides a searchable database of user details leaked in various hacks, has added the DailyMotion stolen data to its search…