Zachary Eanes reports: For the first time since a cyber attack hit Raleigh tech firm Bandwidth, the company’s CEO, David Morken, publicly addressed the fallout from the event, saying his company did not pay a ransom before beating back its hackers. In late September, Bandwidth, which makes software for internet-based voice and text communication, suffered a DDoS…
Category: Business Sector
Robinhood Security Breach Exposes Data on Millions of Users
Annie Massa reports: Robinhood Markets Inc. said personal information of about 7 million people — or roughly a third of its customers — was compromised in a data breach last week and that the culprit demanded payment. The intruder obtained email addresses of about 5 million people as well as full names for a separate group…
US seizes $6 million in ransom payments and expected to charge Ukrainian over major REvil cyberattack
Christina Carrega and Sean Lyngaas report: Law enforcement officials have seized an estimated $6 million in ransom payments, and the US Justice Department is expected to announce Monday that it has charged a suspect from Ukraine over a damaging July ransomware attack on an American company in a breakthrough for the Biden administration’s pursuit of cybercriminals, CNN…
China says a foreign spy agency hacked its airlines, stole passenger records
Catalin Cimpanu reports: Chinese officials said last week that a foreign intelligence agency hacked several of its airlines in 2020 and stole passenger travel records. The hacking campaign was disclosed last week by officials from the Ministry of State Security, China’s civilian intelligence, security, and secret police agency. Read more on The Record.
US Defense Contractor Discloses Data Breach
Dark Reading reports: Electronic Warfare Associates (EWA), a US defense contractor, has confirmed a data breach in which attackers exfiltrated files containing personal information. The breach began with a phishing attack that had “some limited impact” on EWA email accounts, officials report in a notification letter. Their investigation determined an attacker broke into EWA email accounts…
bZx Network Hacked for $55M
Vishal Chawla reports: bZx, a widely-used DeFi protocol, has lost $55 million to an unknown hacker who it claims gained illegitimate access to its private key. It is still not clear how the hackers carried out the attack. Read more on Crypto Briefing although not much is known at the time of this posting.