David Parker reports: A university student has been ordered to pay more than £7,000 compensation after he hacked the emails of a garden furniture company and targeted one of its customers. Moshood Olawale Abolade, 26, of Hatchets Lane, Newark, had denied fraud by false representation. He was found guilty after a trial at Nottingham Magistrates’…
Category: Phishing
UK man charged under Computer Misuse Act over US crime
Okay, I missed one where an arrest in the UK is allegedly linked to a breach in the U.S. On September 2, the Thames Valley Police announced: SEROCU’s Cyber Crime Unit has arrested a man in connection with computer misuse and fraud offences. A 37-year-old man from Reading was arrested yesterday (1/9) on suspicion of unauthorised…
China hackers swipe millions in data breach
Jon Marino reports: A big Wall Street technology firm is being sued after allegedly falling for a run-of-the-mill email scam and wiring client funds to hackers. SS&C Technologies, a $6 billion market capitalization company that bills itself as “the most comprehensive powerhouse of software technology in the financial services industry,” was duped by China-based hackers…
Seagate sued by its own staff for leaking personal info to identity thieves
Shaun Nichols reports on a lawsuit filed by Seagate employees whose W-2 information was given to criminals who successfully tricked an employee via business email compromise. The suit [PDF], originally filed in July through the Northern California District Court, accuses the hard drive maker of negligence and unfair business practices stemming from the March 1, 2016…
Leoni AG victim of business email compromise – €40 million lost
Marika Samarati reports: Leoni AG, one of the world’s leading wire and cable manufacturers, fell victim to an email scam that cost the company 40 million euros. According to a press release, “Leoni AG realised on Friday 12 August 2016 that it had become the victim of fraudulent activity with the help of falsified documents…
KR: ‘Interpark hack was spearphishing scam’
There’s an update to the Interpark hack reported previously on this site. Won Ho-jung reports: A strategy known as spearsphishing was used in the hacking incident that leaked the personal information of over 10 million consumers registered with e-commerce site Interpark, according to the ICT Ministry and the Korea Communications Commission on Wednesday. According to the…