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Category: Business Sector

Yahoo Discloses 1 Billion User Accounts Were Hacked in 2013

Posted on December 14, 2016 by Dissent

From the not-really-a-surprise dept., Vindu Goel reports: Yahoo, already under a cloud from its summertime disclosure that 500 million user accounts had been hacked in 2014, disclosed Thursday that another attack a year earlier had compromised more than 1 billion Yahoo accounts. The newly disclosed attack involved more sensitive user information, including unencrypted security questions….

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$17.5 Million Settlement With Owner Of Ashleymadison.com In Joint Multi-State And FTC Agreement

Posted on December 14, 2016 by Dissent

Settlement Follows Investigation Finding That Adult Dating Website Maintained Lax Security Practices, Misled Consumers About Its Data Security, And Created Fake Female Profiles To Entice Male Users In Addition to Penalties, Settlement Requires The Website To Implement Stronger Data Security Program And Cease Deceptive Practices  NEW YORK—Attorney General Eric T. Schneiderman joined twelve other states,…

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UK: TalkTalk hacker who blackmailed company chief during year-long cyber crime spree faces jail

Posted on December 13, 2016 by Dissent

While a 17 year-old teen got a rehabilitation order and had his phone confiscated for his role in the TalkTalk hack and other cybercrimes, 19 year-old Daniel Kelley is likely facing real jail time for his role in the TalkTalk hack and other crimes. Emily Pennink and Sam Russell recap the blackmail and other crimes Kelley admitted to at hearing,…

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Boy, 17, who showed cyber criminals how to carry out a £42m attack on TalkTalk is given a 12 month rehabilitation order and has his phone confiscated

Posted on December 13, 2016 by Dissent

Thomas Burrows reports: A 17-year-old boy who hacked TalkTalk has been given a 12-month youth rehabilitation order and had his iPhone and computer hard drive confiscated for his role in the multi-million pound data breach. The boy, who was 16 at the time, used a software ‘hacking tool’ which uncovered the weakness before posting details…

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Heritage Auction House Sues Christie’s and Collectrium Over Data Theft

Posted on December 13, 2016 by Dissent

Brian Boucher reports: Dallas-based Heritage Auctions has filed suit against Christie’s accusing the auction giant of harboring a large trove of sales data stolen by the operators of its Collectrium database. The suit alleges that Collectrium staffers used various accounts, one of them registered under the name of the silver-screen spy Jason Bourne, to pilfer data…

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CoStar Sues Longtime Competitor Xceligent, Alleging Data Theft

Posted on December 13, 2016 by Dissent

Peter Grant reports: CoStar Group Inc., one of the world’s largest commercial real-estate data companies, has taken direct aim at longtime competitor Xceligent with a lawsuit alleging Xceligent has been involved in “brazen and widespread theft” of its data and photos, according to legal papers filed Monday night. Read more on WSJ.

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