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Category: Business Sector

Swatch shuts down some technology systems after cyberattack

Posted on September 29, 2020 by Dissent

Brenna Hughes Neghaiwi reports: Swatch Group UHR.S shut down some of its technology systems after detecting a cyberattack over the weekend, the world’s biggest watchmaker said on Tuesday. “Swatch Group confirms that it has identified clear signs of a developing cyber-attack on some of its IT systems during the weekend,” the company said in an emailed…

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Investor losses legal battle against Bithumb for 2017 data breach incident

Posted on September 29, 2020 by Dissent

Felipe Erazo reports a follow-up on one of Bithumb’s breaches. Previous coverage of their breaches can be found on DataBreaches.net, linked from here. This particular update concerns events in 2017, which led to a government investigation and then fines, apart from the civil suit involved in this report. There was also an indictment of Bithumb…

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No, Netwalker didn’t attack Chubb Insurance — or Chubb Fire and Security

Posted on September 28, 2020 by Dissent

Update and Correction: Last night, DataBreaches.net reported that Netwalker threat actors claimed to have attacked Chubb Fire and Security.  My reporting created more confusion than clarity, so I am removing the post altogether.  Let me try to be clearer: Chubb Insurance has nothing to do with the current claims by Netwalker threat actors. Netwalker claims…

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Fr: CMA CGM confirms ransomware attack

Posted on September 28, 2020 by Dissent

Cichen Shen and James Baker report: CMA CGM, the French container line, is working to reverse the impact of a ransomware attack that has shut down many of its online services. The cyber attack was launched using Ragnar Locker, a data encryption malware that has affected companies elsewhere. It is similar to an incident involving…

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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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