Jonathan Stempl reports: A third trader has entered a guilty plea over what U.S. authorities have called a more than $100 million (£70 million) international scheme to hack into newswires that distribute corporate press releases, and use stolen information to conduct insider trading. Arkadiy Dubovoy, 51, pleaded guilty on Thursday to one count of conspiracy…
Category: Business Sector
NY: Insurer won’t have to cover Five Guys’ data breach
From the read-your-policy-carefully dept., Eric Anderson reports: The operators of several Five Guys restaurants in the Capital Region won’t be able to collect damages from their insurance company after their computer network was breached in late 2011, the state Appellate Division ruled Thursday. RSVT Holdings, the restaurant operator, had sought to be reimbursed for losses…
Data Broker Defendants Settle FTC Charges They Sold Sensitive Personal Information to Scammers
A group of defendants have settled Federal Trade Commission charges that they knowingly provided scammers with hundreds of thousands of consumers’ sensitive personal information – including Social Security and bank account numbers. The proposed federal court orders prohibit John Ayers, LeapLab and Leads Company from selling or transferring sensitive personal information about consumers to third parties. The defendants will also…
Tanzania Telecommunications Company Limited (TTCL) denies breach (UPDATED)
Yesterday, I noted a report on Softpedia claiming that Anonymous had hacked and leaked data from Tanzania Telecommunications Company Limited. It appears the company is denying that they’ve had any breach. Athuman Mtulya reports: However, TTCL Public Relations Manager Nicodemus Mushi told The Citizen yesterday that they had not traced any breach of their systems and had…
Quotemehappy? No, I’m furious: Insurance site loses customer details
Alexander J. Martin reports: Aviva-owned online-only insurance business Quotemehappy.com has informed customers that there has been a data breach at its website. Quotemehappy announced that it had “recently” lost a “small number” of customers’ details, comprising “vehicle registration, email address, mobile number, landline number and address.” An email sent around to customers today, which was…
Anonymous Leaks Details for 64,000 Tanzania Telecommunications Company Employees (UPDATE2)
Update1: TTCL is denying that they’ve had any breach. Update 2: Softpedia stands by its report that there was a breach, but has revised its estimate of the numbers. As one consequence, the headline for this post has been revised to delete the mention of 64,000. Original post: Catalin Cimpanu reports: Barely a day has passed since…