R. Scott Moxley reports: A brazen Orange County identity theft ring that stole more than $400,000 from two Vons grocery stores in 2015 before a U.S. Secret Service investigation resulted this week in a 75-month federal prison punishment for one of the conspirators. U.S. District Court Judge David O. Carter allowed both federal prosecutors and 26-year-old…
Category: Business Sector
Japanese hosting company Kagoya hacked; credit card data stolen
Waqas reports: Kagoya, a famous hosting service provider in Japan has suffered a security breach in which personal and financial data of its customers has been stolen. In an email to their customers, Kagoya stated that the hack attack was discovered this month after an in-house screening which revealed that customers who used their credit cards between April 1, 2015,…
NM: Charges dropped in insider hacking allegations case
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…
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…