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Category: Business Sector

Nl: Three arrested in massive hacking, data theft and blackmail probe; One was a whitehat researcher

Posted on February 24, 2023 by Dissent

DutchNews.nl reports: Amsterdam’s cyber crime police team has arrested three young men as part of a major investigation into hacking, data theft, blackmail and money laundering involving the private details of tens of millions of people.  The three, aged 21 and 18, were picked up on January 23 and two have been restricted to contact…

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North Korean hackers move $3.2M from Gate.io 2018 hack

Posted on February 23, 2023 by Dissent

Monika Ghosh reports: North Korean hackers stole $234.33 million from Gate.io in 2018. Earlier this week, the hackers moved 1944.72 Ethereum (ETH) of the stolen funds, worth around $3.2 million at current prices, on-chain sleuth ZachXBT pointed out. The funds had been lying dormant for over 4.5 years, he noted. The hackers transferred Ethereum worth $3.1 million…

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Cyberattack on food giant Dole temporarily shuts down North America production, company memo says

Posted on February 23, 2023 by Dissent

Sean Lyngaas reports: A cyberattack earlier this month forced produce giant Dole to temporarily shut down production plants in North America and halt food shipments to grocery stores, according to a company memo about the incident obtained by CNN. The previously unreported hack — which a source familiar with the incident said was ransomware —…

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UK: Meta successfully resists certification in data privacy collective action

Posted on February 22, 2023 by Dissent

Jennifer Reeves, Simon Day, and Cameron Firth of MacFarlanes write: In an early victory for Meta, the Competition Appeal Tribunal has refused to certify a collective claim brought on behalf of some 45 million consumers by proposed class representative Dr Liza Lovdahl Gormsen (the “PCR”).  Less than three weeks after the certification hearing, the Tribunal…

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Activision did not notify employees of data breach for months

Posted on February 22, 2023 by Dissent

Lorenzo Franceschi-Bicchierai reports: On December 4, hackers successfully phished an employee at the games giant Activision, gaining access to some internal employee and game data. This data breach was not disclosed until last weekend, when cybersecurity and malware research group vx-underground posted on Twitter screenshots of the stolen data, as well as the hackers’ messages on Activision’s internal Slack…

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Singapore data centre says no data loss discovered after report on hackers obtaining logins

Posted on February 21, 2023 by Dissent

CNA reports: Data centre operator ST Telemedia Global Data Centres (STT GDC) has noticed no data loss or impact to its customer service portals following a hacking incident in 2021, it said on Tuesday (Feb 21). Through unspecified means, the hackers made away with login credentials – email addresses and passwords – for customer-support websites for STT…

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