Will Ockenden and Benjamin Sveen report that the teenage hacker known as “Abdilo” had his home raided by Australian law enforcement in a pre-dawn raid. DataBreaches.net has reported on a number of Abdilo’s claimed hacks, which included an Australian travel insurance company, the University of Sydney, and numerous educational institutions in the U.S. and elsewhere. Most of his…
Category: Business Sector
US judge refuses to delay code theft trial for ex-Goldman programmer
Brendan Pierson reports: A New York judge on Wednesday rejected a request from prosecutors to delay the scheduled trial of former Goldman Sachs Group Inc computer programmer Sergey Aleynikov, who is charged with stealing code from the investment bank. Read more on Reuters.
Officials say advanced hack was hoax in charging twin brothers
Justin Jouvenal reports: The cybersecurity expert and hacker claimed he created a sophisticated attack that allowed him to add unlimited funds to gift cards from major retailers — a security hole that could have resulted in huge losses for Starbucks, Kmart and Whole Foods Market. But the story the Springfield man told federal agents and The Washington…
Nine Defendants Plead Guilty in $20 Million Stolen Identity Refund Fraud Ring
There’s a follow-up to a case previously reported on PHIprivacy.net and on this site. From the U.S. Department of Justice: Alabama and Georgia residents pleaded guilty for their roles in a $20 million stolen identity refund fraud (SIRF) conspiracy, Acting Assistant Attorney General Caroline D. Ciraolo of the Justice Department’s Tax Division and U.S. Attorney George…
Fourth Member of International Computer Hacking Ring Pleads Guilty to Hacking and Intellectual Property Theft Conspiracy
A fourth member of an international computer hacking ring has pleaded guilty to conspiring to break into computer networks of prominent technology companies to steal more than $100 million in intellectual property and other proprietary data. Austin Alcala, 19, of McCordsville, Indiana, pleaded guilty to conspiracy to commit computer intrusions and criminal copyright infringement based…
FTC and Wyndham Present Arguments on Whether FTC has Declared Unreasonable Cybersecurity Practices Unfair
Katherine Gasztonyi writes: On Friday, March 27, 2015, the Federal Trade Commission and Wyndham Worldwide Corp. filed supplemental briefing in the Third Circuit regarding whether the FTC had made an adjudicative decision that the FTC Act prohibits unreasonable cybersecurity practices and, if not, whether a federal court could hear a case charging a violation of the FTC Act…