KOAT reports: It’s tax season, and that means a lot of sensitive information is getting printed on a lot of pieces of paper. Action 7 News found some of that paper just lying in an Albuquerque dumpster. “I’m the one that put the stuff in there,” said Frank Shannon. “It’s 10 years old.” That stuff…
Category: Business Sector
GSK Scientists Indicted For Allegedly Stealing Biopharmaceutical Trade Secrets
Another insider breach, this one involving GlaxoSmithKline, was announced by the U.S. Attorney’s Office in Eastern Pennsylvania last week: An indictment was filed charging five people in an alleged scheme to steal biopharmaceutical trade secrets from pharmaceutical company GlaxoSmithKline (GSK), announced United States Attorney Zane David Memeger. Charged in the conspiracy are: Yu Xue, 45,…
SCOTUS upholds Musacchio’s convictions for hacking former employer
Dan McCue reports on the Musacchio case: The U.S. Supreme Court on Monday affirmed the felony convictions of a former executive with a technology firm who unlawfully hacked his employer’s computers to steal information he then used to start his own company. Michael Musacchio, the former president of Exel Transportation Services, was convicted in May…
Amazon accused of handing out its users’ personal data
Daniel Cooper reports: Eric Springer is not happy, mostly because he believes that Amazon let a nefarious type get at his account. In a blog over at Medium, Springer revealed that he was the victim of a “social engineering” hack that exposed his details to an unnamed third party. With just a rough idea of Springer’s…
Florida couple ran tax service and check cashing business to acquire identity info for tax refund fraud scheme
Once again, a reminder that the local business you trust with your tax or bank account information may not be worthy of your trust. A Pembroke Pines, Florida, couple pleaded guilty for conspiring to use stolen identities to file fraudulent tax returns with the Internal Revenue Service. According to court documents, between July 2009 and…
Ca: NWT Power Corporation apologizes for customer data breach
CBC News reports: The Northwest Territories Power Corporation has sent a letter to its customers telling them about a data security breach involving their personal information earlier this month. The company says that on Jan. 13, the company replied by email to a customer inquiry and attached the wrong file to that outgoing email. The file…