Ada Hui and Wolfie Zhao of CoinDesk report: An Asian cryptocurrency exchange’s funds have been compromised in a security breach. The Singapore-headquartered digital asset exchange KuCoin said in a statement that it detected large withdrawals of bitcoin and ethereum tokens to an unknown wallet beginning at 19:05 UTC time on Friday. In a live stream on 4:30…
Category: Business Sector
Customers’ bank details stolen as hackers target Staffordshire firm
Richard Guttridge reports: Customers at an IT company say they have lost thousands of pounds after the firm’s website was hacked and their bank details stolen. Police are investigating following a data breach at Stone Refurb, formerly Encore PC, based in Stafford, which led to customers’ cash being taken. One said they lost more than…
Singapore: ShopBack, RedDoorz report breaches
Fabian Koh reports: Local authorities are investigating a data breach at home-grown e-commerce cashback platform ShopBack, after the firm made public an incident involving unauthorised access to customers’ personal data. Read more on The Straits Times. In other news, Clara Chong reports: Singapore-based hospitality start-up RedDoorz acknowledged on Saturday (Sept 26) that one of its…
Maryland Man Sentenced to Prison for Intentionally Damaging the Computers of His Former Employer
From DOJ, this press release today about a case where a former employee exceeded previously authorized access: A Maryland man was sentenced by U.S. District Judge Catherine C. Blake today to 12 months and one day in federal prison, followed by three years of supervised release, for illegally accessing and damaging the computer network of…
More drama in the world of ransomware? Was Vard Group victimized twice?
Now what happened here? The Sodinokibi (“REvil”) ransomware operators have a new post that seems to claim that one of their victims was defrauded by a recovery company to the tune of $5.5 million. Vard Group, a Norwegian unit of shipbuilder Fincantieri SpA, was attacked in June 2020. But what happened next? It sounds like the…
Government software provider Tyler Technologies appears to have been hit by RansomExx ransomware – report
Lawrence Abrams reports: Leading government technology services provider Tyler Technologies has suffered a ransomware attack that has disrupted its operations. Tyler Technologies is one of the largest U.S. software development and technology services companies dedicated to the public sector. Read more on BleepingComputer.