Hunton Andrews Kurth writes: On January 27, 2021, the French Data Protection Authority (the “CNIL”) announced (in French) that it imposed a fine of €150,000 on a data controller, and a fine of €75,000 on its data processor, for failure to implement adequate security measures to protect customers’ personal data against credential stuffing attacks on the website…
Category: Business Sector
Take responsibility when you are hacked, hacker advises Indian companies
So now ShinyHunters is telling Indian companies that they must take full responsibility if their data is hacked?
USCellular hit by a data breach after hackers access CRM software
Lawrence Abrams reports: Mobile network operator USCellular suffered a data breach after hackers gained access to its CRM and viewed customers’ accounts. In a data breach notification filed with the Vermont attorney general’s office, USCellular states that retail store’s employees were scammed into downloading software onto a computer. This software allowed an attacker to access…
Suspected Russian Hackers Gained Edge Through Tech Firm Attacks
Kartikay Mehrotra and Alyza Sebenius report: Whether it was opportunity, strategy or sheer chutzpah, the suspected Russian hackers behind a massive cyber-attack revealed last month focused particular attention on technology companies, including cybersecurity firms entrusted to find malicious activity in their clients’ networks. Four cybersecurity companies announced this week that they had been targeted as…
Hezbollah’s cyber unit hacked into telecoms and ISPs
Catalin Cimpanu reports: A Hezbollah-affiliated threat actor known as Lebanese Cedar has been linked to intrusions at telco operators and internet service providers in the US, the UK, Israel, Egypt, Saudi Arabia, Lebanon, Jordan, the Palestinian Authority, and the UAE. The year-long hacking campaign started in early 2020 and was discovered by Israeli cyber-security firm…
Crypto Firm hacked for $1.4M reimburses users for stolen BTC and ETH
Varsha Saraogi reports: … In the past year, even established companies such as Twitter, Marriott International and SolarWinds were victims of laptop-wielding larcenists losing millions of resources and user data. Another such firm was Spain-based crypto trading firm 2gether where hackers stole roughly €1.2 m worth of cryptocurrency from its customers’ investment accounts. […] Now,…