Catalin Cimpanu reports: Online betting company SBTech will have to place $30 million in escrow as insurance for covering the fallout from a suspected ransomware infection. The company agreed to do so as part of re-negotiated acquisition terms with Diamond Eagle Acquisition Corporation (DEAC), a blank-check company that acquired SBTech and rival platform DraftKings and…
Category: Business Sector
A Hacker’s Scheme is “Forthright;” Thus, No Computer Fraud Coverage for Ransomware Attacks
From the good-to-know dept., Timothy A. Carroll and Joshua A. Mooney of White and Williams LLP write: A computer hacker may engage in malicious and criminal conduct, but that doesn’t mean that the conduct is “fraudulent.” In G&G Oil Company v. Continental Western Ins. Co., 2020 Ind. App. LEXIS 126 (Ind. Ct. App. Mr. 31, 2020),…
115 million Pakistani mobile users data found up for sale on dark web
From Rewterz: Rewterz, a pioneer of specialized cybersecurity services in Pakistan, has discovered a data dump of 115 million Pakistani mobile users data that have shown up for sale on the dark web today. The cyber criminal behind this data breach is demanding 300 BTC ($2.1 million USD) for the data. This indicates that financially…
DoppelPaymer team leaks Boeing, Lockheed Martin, SpaceX, documents after Visser Precision refuses to pay
Shaun Nichols and Gareth Corfield report: Internal confidential documents belonging to some of the largest aerospace companies in the world have been stolen from an industrial contractor and leaked online. The data was pilfered and dumped on the internet by the criminals behind the DoppelPaymer Windows ransomware, in retaliation for an unpaid extortion demand. Read…
Another COVID-19 Research Firm Targeted by Ransomware Attack
The Hammersmith Medicines Research (HMR) facility in London is not the only firm working on research to understand or treat COVID-19 that has been recently attacked with ransomware. While Maze Team attacked HMR in March, another team using Sodinokibi ransomware (the REvil team) was attacking 10x Genomics in California. The attack was disclosed on April…
Maropost takes your privacy and security….
I confess: some data leaks are not particularly interesting to me in terms of their sector or type of data leaked, but they become noteworthy because of the entity’s horrible, terrible, ridiculously bad incident response to attempted notification. Today we give you Maropost Inc. a marketing automation platform whose 10,000+ clients include New York Post, Shopify,…