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Category: Business Sector

Two Arrested for Alleged Conspiracy to Launder $4.5 Billion in Cryptocurrency Stolen from Bitifinex in 2016

Posted on February 8, 2022 by Dissent

Two individuals were arrested this morning in Manhattan for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, a virtual currency exchange, presently valued at approximately $4.5 billion. Thus far, law enforcement has seized over $3.6 billion in cryptocurrency linked to that hack. “Today’s arrests, and the department’s largest…

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Cyberattack brings down Vodafone Portugal mobile, voice, and TV services

Posted on February 8, 2022 by Dissent

Catalin Cimpanu reports: Vodafone Portugal said today that a large chunk of its customer data services went offline overnight following “a deliberate and malicious cyberattack intended to cause damage and disruption.” The company’s 4G and 5G mobile networks, along with fixed voice, television, SMS, and voice/digital answering services are still offline following the attack. Read…

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More than half of Canadian ransomware victims paid the ransom demands in 2021 – study

Posted on February 7, 2022 by Dissent

TORONTO, Febr. 7, 2022 /CNW/ – Canadian IT company, NOVIPRO, today unveiled its sixth annual IT Portrait of Canadian Businesses in collaboration with Leger, which revealed the deep vulnerability of Canadian companies to computer attacks. The study reveals that more than half (56%) of organizations targeted by malware have paid the amounts requested by cybercriminals. Of these,…

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Swissport ransomware attack leads to flight delays

Posted on February 7, 2022 by Dissent

Connor Jones reports: Aviation services company Swissport announced it was the victim of a ransomware attack on Friday, with some flights forced into delays and other operations disrupted. Neither the ransomware operator nor the type of ransomware used against the company is currently known, but the company reacted quickly to contain the attack, despite the disruption it caused….

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Yes, the Equifax data breach settlement email and website are real

Posted on February 6, 2022 by Dissent

Erin Jones reports: In September 2017, consumer credit monitoring agency Equifax announced that the private information of 147 million Americans had been exposed in what is now known as one of the largest data breaches in history. Soon after the data breach was announced, the Federal Trade Commission, the Consumer Financial Protection Bureau and 50…

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‘Small portion’ of customer data accessed without authorisation in security breach at Hong Kong online shopping platform

Posted on February 5, 2022 by Dissent

Sammy Heung reports: A security breach at one of Hong Kong’s largest online shopping platforms last month led to the unauthorised access of customer information such as delivery addresses, recipient names and contact numbers. Hong Kong Technology Venture Company Limited (HKTV), HKTVmall’s parent company, said on Friday it had detected “abnormal and suspicious activities” in…

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