Admire Moyo reports on an insider wrongdoing case in South Africa: In a landmark case, a man was last week sentenced to eight years in jail for contravening South Africa’s Cyber Crimes Act. Lucky Majangandile Erasmus (36), a former employee of Ecentric Payment Systems, was sentenced by the Specialised Commercial Crimes Court after entering into…
Category: Business Sector
Nigerian National Sentenced To More Than Five Years For Hacking, Fraud, And Identity Theft Scheme
Jay Clayton, the United States Attorney for the Southern District of New York, and Christopher G. Raia, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced that KINGSLEY UCHELUE UTULU was sentenced today by U.S. District Judge Paul G. Gardephe to 63 months in prison for…
PowerSchool hacker pleads guilty, released on personal recognizance bond
He’s just a frail-looking teenager, but he sent threatening emails to get his victims to pay his extortion demands. Today, 19 year-old Assumption College student Matthew Lane waived indictment and pleaded guilty in a Worcester courtroom to hacking an unnamed telecom company and an unnamed edtech vendor, widely known to be PowerSchool. As per the…
Germany fines Vodafone $51 million for privacy, security breaches
Sergiu Gatlan reports: The German data protection authority (BfDI) has fined Vodafone GmbH, the telecommunications company’s German subsidiary, €45 million ($51.4 million) for privacy and security violations. “Due to malicious employees in partner agencies who broker contracts to customers on behalf of Vodafone, there had been fraud cases due to fictitious contracts or contract changes at…
Vanta bug exposed customers’ data to other customers
Zack Whittaker reports: Compliance company Vanta has confirmed that a bug exposed the private data of some of its customers to other Vanta customers. The company told TechCrunch that the data exposure was a result of a product code change and not caused by an intrusion. Vanta, which helps corporate customers automate their security and…
Victoria’s Secret takes down website after security incident
Sergiu Gatlan reported yesterday: Fashion giant Victoria’s Secret has taken down its website and some store services because of an ongoing security incident. Victoria’s Secret manages approximately 1,380 retail stores in nearly 70 countries and reported an annual revenue of $6.23 billion for the fiscal year ending February 1, 2025. The company says in a…