A court opinion out of Tokyo may make it harder for plaintiffs in breach lawsuits in Japan to demonstrate harm or injury worthy of compensation. The breach and lawsuit against Benesse Corporation have been reported previously on this site in 2014 and 2015. Takuya Kitazawa reports: The Tokyo District Court rejected plaintiffs’ demands over a huge…
Category: Business Sector
New Panama Papers Leak Includes Offshore Links To Lionel Messi, Cartier, Argentine Leader
Ryan Chittum and Will Fitzgibbon report: Two years after the Panama Papers rocked the offshore financial system, a fresh document leak from the law firm Mossack Fonseca reveals new offshore details about an array of global elites, including soccer superstar Lionel Messi, the Argentine president’s family and a former senior Kuwaiti official convicted of looting…
Tesla sues employee alleged to have stolen gigabytes of data
Cyrus Farivar reports: On Wednesday, Tesla sued a former employee who worked in its Gigafactory in Nevada, accusing him of stealing trade secrets. The lawsuit appears to be what CEO Elon Musk was referring to recently when he said that production of the Model 3 had been sabotaged. […] According to the civil complaint that was filed…
Bithumb $31 Million Crypto Exchange Hack: What We Know (And Don’t)
Wolfie Zhao reports: On Wednesday, roughly 35 billion Korean won (around $31 million) in cryptocurrency was stolen by hackers from the South Korea-based exchange Bithumb. Although the breach may not be as severe as the $530 million hack of the Coincheck exchange earlier this year, the fact that Bithumb now ranks as the sixth biggest…
Flightradar24 suffers security breach
Ry Crozier reports: Popular flight tracking site Flightradar24 has suffered a security breach that “may” have compromised the email addresses and hashed passwords of “a small subset” of users. Users began receiving emails overnight asking them to reset their passwords, and the company later confirmed in multiple forums the emails were genuine. Read more on…
Five massive data breaches affecting South Africans
How many of these didn’t you know about already? Tehillah Niselow reports on five big breaches affecting South Africans: Liberty (ZA) email hack ViewFines Driver License Details Facebook Scandal Master Deed’s data breach “biggest” digital security threat in SA Ster-Kinekor’s database compromised Don’t recognize some of them? Read the article on FIN24 to start to get…