Dawn Causey, Thomas Pinder and Andrew Doersam write: Banks frequently absorb fraud losses when the consumer is compensated for damage done by other sectors. When retailers with questionable security protocols are breached, banks support the customer throughout the fraud cycle: consumer outreach and notification, card reissuance, enhanced transaction monitoring and reassurance that the bank’s systems…
Category: Business Sector
Hacker exploits EOS smart contract to steal $200K from gambling app
David Canellis reports: A million-dollar EOS gambling dApp suffered a major blow, just days after declaring itself to be the safest of its kind. Hackers have taken 40,000 EOS ($200,000) from the operating wallet of EOSBet by exploiting vulnerabilities in its smart contracts. “[…] A few hours ago, we were attacked, and about 40,000 EOS…
UK: Npower warns of breach that exposed personal details of 5,000 customers
Carly Page reports: Energy giant Npower has admitted that a security screw-up saw the personal details of some 5,000 customers shared via post. While there doesn’t appear to be a warning on the company’s website or social media channels, the BBC reports that Npower is “urgently investigating” the incident, which saw customers’ details shared in…
Cloud data management firm Veeam exposes 200GB of data on AWS instance
Duncan Riley reports: Cloud data management company Veeam Software Inc. is the latest of many companies to expose customer data via a misconfigured cloud instance, with 200 gigabytes of data relating to more than 440 million customer records found online. Detailed by security researcher Bob Diachenko, the leak of the data was discovered on a MongoDB database…
Gang of hackers seizes WhatsApp accounts of Karachi users
The News (PK) reports: KARACHI: WhatsApp accounts of citizens are getting hacked by an anonymous group of hackers, Geo.tv reported on Tuesday. According to the report, numerous complaints were registered to the Federal Investigation Authority (FIA) since the past few days regarding the victims getting their accounts hacked. The hacking was done subsequent to a…
Latvenergo asks authorities to look into possible data leak
The TV3 television channel on September 9 reported that unknown individuals offered several political parties to buy a database, purportedly with the contact info, including mobile phone numbers, of Latvenergo clients. The parties – not named in the report – were supposedly asked €80,000 for the database. Meanwhile Latvenergo representatives are sure that there have been…