Victoria Smith reports: Quebec’s largest agricultural company, Sollio Groupe coopératif, suffered a ransomware attack on November 7. The cyber hackers are threatening to publish the mass of data they have stolen in [now less than two days]. Sollio, formerly La Coop fédérée, thus becomes the largest business victim of a cyberattack in Quebec in 2020….
Category: Business Sector
Ongoing Data Breach Dispute Underscores Emerging Legal Issues in Data Privacy Litigation
Aaron C. Garavaglia of Squire Patton Boggs writes: From consumers and merchants to financial institutions and investors, fraud is a global problem that damages healthy economic growth. Two sobering statistics illustrate that as the world has become more connected, fraud has only proliferated. In 2001, the FTC received 137,306 reports of fraud. In 2019, that number increased…
Ransomware attack forces web hosting provider Managed.com to take servers offline
Catalin Cimpanu reports: Managed.com, one of the biggest providers of managed web hosting solutions, has taken down all its servers in order to deal with a ransomware attack, ZDNet has learned today. The attack took place on Monday, November 16, and the ransomware impacted the company’s public-facing web hosting systems, resulting in some customer sites having their…
Crypto trading platform Liquid hacked
Finextra reports: Crypto trading platform Liquid is advising customers to change their passwords and 2FA credentials after being hacked in a domain name hosting attack. In a notice published on its Website, Liquid CEO Mike Kayamori, says a domain name hosting provider inadvertently transferred control of the account to a malicious actor who subsequently changed…
Cold storage giant Americold hit by cyberattack, services impacted
Lawrence Abrams reports: Cold storage giant Americold is currently dealing with a cyberattack impacting their operations, including phone systems, email, inventory management, and order fulfillment. Americold is a leading temperature-controlled warehouses operator who offers supply-chain services and inventory management for retailers, food service providers, and producers. Americold manages 183 warehouses worldwide and has approximately 13,000 employees….
350,000 pieces of data stolen from Japanese game software maker Capcom
The Yomiuri Shimbun reports: Capcom Co., an Osaka-based major game software maker, announced Monday that up to 350,000 pieces of information, including those of its customers, might have been compromised by cyber-attacks. The company said the potentially stolen data includes its customers’ personal details, such as names, telephone numbers and email addresses. The company also…