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Category: Business Sector

Suspicious logins reported after ransomware attack on US govt contractor

Posted on September 28, 2020 by Dissent

Catalin Cimpanu reports: Customers of Tyler Technologies, one of the biggest software providers for the US state and federal government, are reporting finding suspicious logins and previously unseen remote access tools (RATs) on their networks and servers. The reports come days after Tyler Technologies admitted last week to suffering a ransomware attack. Read more on…

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Hungarian banks, telecoms services briefly hit by cyber attack: Magyar Telekom

Posted on September 26, 2020 by Dissent

Anita Komuves and Marton Dunai report: Some Hungarian banking and telecommunication services were briefly disrupted by a powerful cyber attack on Thursday launched from computer servers in Russia, China and Vietnam, telecoms firm Magyar Telekom MTEL.BU said on Saturday. The event was a distributed-denial-of-service (DDoS) attack, a cyber attack in which hackers attempt to flood a…

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Hackers Drain KuCoin Crypto Exchange’s Hot Wallets

Posted on September 26, 2020 by Dissent

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…

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Customers’ bank details stolen as hackers target Staffordshire firm

Posted on September 26, 2020 by Dissent

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…

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Singapore: ShopBack, RedDoorz report breaches

Posted on September 26, 2020 by Dissent

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…

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Maryland Man Sentenced to Prison for Intentionally Damaging the Computers of His Former Employer

Posted on September 24, 2020 by Dissent

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…

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