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Category: Business Sector

Los Angeles prosecutors drop charges against Konnech CEO Eugene Yu, accused of overseeing ‘largest data breach in United States history’

Posted on November 13, 2022 by Dissent

Joseph Mackinnon reports: In an abrupt and hushed post-election reversal on Wednesday, the Los Angeles District Attorney’s Office (DAO) dropped all charges against Eugene Yu, citing “potential bias” in the investigation. A Los Angeles Superior Court judge granted the dismissal per the DAO’s request. Yu, a 64-year-old Chinese national, is the CEO of the Michigan-based…

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Ransomware Gang Offers to Sell Files Stolen From Continental for $50 Million

Posted on November 12, 2022 by Dissent

Eduard Kovacs reports: A notorious ransomware group is offering to sell files allegedly stolen from German car parts giant Continental for $50 million. Continental reported in August that it had been targeted in a cyberattack that resulted in hackers accessing some of its systems. The company said at the time that the attack had been…

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Canadian supermarket chain giant Sobeys suffered a ransomware attack

Posted on November 12, 2022 by Dissent

Pierluigi Pagani reports: Sobeys Inc. is the second largest supermarket chain in Canada, the company operates over 1,500 stores operating across Canada under a variety of banners. It is a wholly-owned subsidiary of Empire Company Limited, a Canadian business conglomerate. During the last week, grocery stores and pharmacies belonging to the company have experienced IT issues. Those IT issues…

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Thales investigating — again — LockBit 3.0’s claims as share prices plummet after data leak

Posted on November 11, 2022 by Dissent

On November 3, Thales claimed that they had found no evidence to confirm any claim that LockBit 3.0 had breached their system. Today, LockBit 3.0 dumped some data, and not just a proof pack. They dumped more than 9 GB of data. MarketWatch reported: Shares in Thales SA fell Friday after it said that data…

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Bits ‘n Pieces (Trozos y Piezas)

Posted on November 11, 2022 by chum1ng0

ES: Half a million taxpayers and 50,000 police have their information stolen by attackers El Economista reports the General Council of the Judiciary (CGPJ) suffered a cyberattack on its Punto Neutro Judicial (PNJ) platform that connects judicial bodies with other government agencies, including the National Police Force, the Attorney General’s Office, and the General Secretariat…

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Taking down a ransomware hacker

Posted on November 10, 2022 by Dissent

An FBI investigation into a criminal ransomware gang believed to be tied to Russia led to a Canadian government employee in Gatineau, the largest cryptocurrency seizure in Canadian history and hundreds of victims around the world. Roxanna Woloshyn, Marie-Maude Denis and Linda Guerriero report: In the early morning hours of Jan. 27, 2021, two police…

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