Sarthak Dogra reports: BlackBerry Ltd. has come up with a sensational report that indicates that Chinese state sponsored hackers have been stealing data from computers across the globe for almost around a decade. A major reason for this unnoticed attack is its target, Linux operating systems. Blackberry makes the claim in a new 44-page long report. It claims…
Category: Business Sector
Suspecting Cyber Attack, Mediterranean Shipping Company Reports Network Outage – Update
Mike Schuler reports: Mediterranean Shipping Company says it has experienced a network outage and it cannot rule out the possibility of a cyber attack, the company said Friday. The outage began in one of MSC’s data centers in Geneva, Switzerland and the company shut down its servers in response. In an update late Friday, the…
Gambling company to set aside $30 million to deal with cyber-attack fallout
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…
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…