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Category: Business Sector

Spain orders extradition of British alleged hacker to U.S.

Posted on February 17, 2023 by Dissent

AP reports: Spain’s National Court has agreed to the extradition to the U.S. of a British citizen who allegedly took part in computer attacks, including the July 2020 hacking of Twitter accounts of public figures such as Joseph Biden, Barack Obama and Bill Gates. A court statement Friday said requirements had been met for handing…

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Norway finds a way to recover crypto North Korea pinched in Axie heist

Posted on February 17, 2023 by Dissent

Laura Dobberstein reports: Norwegian authorities announced on Thursday that they had recovered $5.9 million of cryptocurrency stolen in the Axie Infinity hack – an incident widely held to have been perpetrated by the Lazarus Group, which has links to North Korea. The Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim)…

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MKS Instruments’ breach notification includes a surprising statement to reassure those affected

Posted on February 16, 2023 by Dissent

Well, this is a bit different. On February 13, MKS Instruments in Massachusetts (the U.S. parent company of the MKS and Atotech group of companies) became aware of a ransomware event. By February 16, they issued a notification letter to former and current employees who may have been affected. Their notification informed employees that,  “While…

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Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao

Posted on February 16, 2023 by Dissent

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…

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Nice Try Tonto Team: How a nation-state APT attempted to attack Group-IB

Posted on February 16, 2023 by Dissent

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…

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A major global chipmaking supplier claims an employee stole manufacturing secrets

Posted on February 16, 2023 by Dissent

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…

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