Reuters reports: South Korean prosecutors said they indicted a former Samsung Electronics executive on Monday on suspicions of stealing the company’s technology to build a chip factory in China. The defendant, who also formerly worked at SK Hynix as a vice president, is accused of illegally acquiring Samsung data to build a factory in the…
Category: Business Sector
Singapore regulator decision reminds entities of duty to monitor vendors
Even though RAIDForums was seized in early 2022, data leaks and breaches on the site are still having repercussions for entities. On May 11, the Singapore Personal Data Protection Commission (PDPC) issued a decision involving Kingsforce Management Services Pte Ltd. On January 31, 2022, the firm had notified the PDPC that on or about December…
Website leak exposes sensitive data of 85 million Turkish residents: report
Medya News reports: Sensitive personal data of Turkish citizens and residents of Turkey has been compromised, according to the Free Web Turkey, a platform dedicated to combating internet censorship in the country. On Friday, the platform exposed the existence of a website called Sorgu Paneli, which allows unrestricted access to personal data such as identification numbers,…
49ers agree to settle data breach class action lawsuit, must create new IT positions
This site cannot keep up with all the class action litigation settlements, but when we do report on one, we try to see what the settlement requirements in terms of improving infosecurity and cybersecurity. Here’s one with a requirement, as reported by The Athletic: The San Francisco 49ers agreed to settle a class action lawsuit stemming from a February…
Au: Hackers Follow Through with Dark Web Threat After Law Firm Rejects Ransom
GVS reports: A hacking group claiming to be Russian-linked cybercriminals has published sensitive data from one of Australia’s largest law firms, HWL Ebsworth, after the firm refused to pay their ransom demands. The AlphV ransomware gang, also known as BlackCat, announced on the dark web that it had released 1.45 terabytes of data allegedly stolen…
Barracuda says hacked ESG appliances must be replaced immediately
Sergiu Gatlan reports: Email and network security company Barracuda warns customers they must replace Email Security Gateway (ESG) appliances hacked in attacks targeting a now-patched zero-day vulnerability. “Impacted ESG appliances must be immediately replaced regardless of patch version level,” the company warned in an update to the initial advisory issued on Tuesday. “Barracuda’s remediation recommendation at this…