Dan McCue reports on the Musacchio case: The U.S. Supreme Court on Monday affirmed the felony convictions of a former executive with a technology firm who unlawfully hacked his employer’s computers to steal information he then used to start his own company. Michael Musacchio, the former president of Exel Transportation Services, was convicted in May…
Category: Business Sector
Amazon accused of handing out its users’ personal data
Daniel Cooper reports: Eric Springer is not happy, mostly because he believes that Amazon let a nefarious type get at his account. In a blog over at Medium, Springer revealed that he was the victim of a “social engineering” hack that exposed his details to an unnamed third party. With just a rough idea of Springer’s…
Florida couple ran tax service and check cashing business to acquire identity info for tax refund fraud scheme
Once again, a reminder that the local business you trust with your tax or bank account information may not be worthy of your trust. A Pembroke Pines, Florida, couple pleaded guilty for conspiring to use stolen identities to file fraudulent tax returns with the Internal Revenue Service. According to court documents, between July 2009 and…
Ca: NWT Power Corporation apologizes for customer data breach
CBC News reports: The Northwest Territories Power Corporation has sent a letter to its customers telling them about a data security breach involving their personal information earlier this month. The company says that on Jan. 13, the company replied by email to a customer inquiry and attached the wrong file to that outgoing email. The file…
In: Sector V fights cyber-crime stain; TalkTalk customers scammed by rogue Wipro employees
Dwaipayan Ghosh reports: The arrest of two Wipro employees following the crackdown on an international data theft racket has sent shockwaves across Salt Lake Sector V, the IT hub of Bengal. Though many tech firms have hurriedly opted for data insurance, most of them are not sure if it is enough to secure confidentiality and…
Nest Thermostats Leaked User Data But Don’t Freak Out Quite Yet
Bryan Lufkin reports: It’s no secret that connected home devices are riddled with security concerns. A recent investigation into Nest thermostats leaking user data onto the internet seemed especially anxiety-inducing, given how incredibly popular the gadgets are. But the story’s not as scary as some reports might lead you to believe. The new research comes out of Princeton’s Center…