Angus Berwick and Tom Wilson report: Global cryptocurrency exchange Binance had secret access to a bank account belonging to its purportedly independent U.S. partner and transferred large sums of money from the account to a trading firm managed by Binance CEO Changpeng Zhao, banking records and company messages show. Over the first three months of…
Category: Business Sector
Nice Try Tonto Team: How a nation-state APT attempted to attack Group-IB
Group-IB writes: In 2023, IT and cybersecurity companies remain one of the most attractive targets for cybercriminals, according to the latest threat report “Hi-Tech Crime Trends 2022/2023”. The compromise of a vendor’s infrastructure opens up ample opportunities to penetrate the network further and gain access to a huge pool of data about the victim’s customers…
A major global chipmaking supplier claims an employee stole manufacturing secrets
Jess Weatherbed reports: ASML, one of the largest suppliers to the global semiconductor industry and the only supplier of extreme ultraviolet (EUV) lithography photolithography machines, has revealed that a former employee in China stole information pertaining to its proprietary technology in a data breach. Within its recently published 2022 annual report, the Dutch tech firm said…
Airline SAS network hit by hackers, says app was compromised
Marie Mannes reports: Scandinavian airline SAS said it was hit by a cyber attack Tuesday evening and urged customers to refrain from using its app but later said it had fixed the problem. News reports said the hack paralysed the carrier’s website and leaked customer information from its app. Read more at Reuters.
Royal Mail refused to pay ‘absurd’ LockBit ransom, chat logs say
Carly Page reports: The LockBit ransomware gang has published what it claims is the full transcript of its negotiations with Royal Mail, which continues to experience disruption due to last month’s cyberattack. The chat logs negotiating the ransom is the first data that LockBit has published following the cyberattack on Royal Mail, which left the British postal service…
Hackers take down Bahrain airport website
Al Arabiya English with the Associated Press reports: Hackers said they had taken down the website of Bahrain’s international airport on Tuesday which was unavailable until at least 1:45 p.m. GST. It briefly came back online and was down again shortly after. A statement posted online by a group calling itself al-Toufan, or “The Flood”…