Stan Higgins reports: BitPay has filed suit against a Massachusetts insurance company after losing $1.8m during a phishing attack last December. According to documents obtained by the Atlanta Business Chronicle, the bitcoin payment processor was defrauded in mid-December by an unknown individual posing as BTC Media CEO David Bailey, whose computer was infiltrated prior to the attack….
Category: Business Sector
CORRECTIONS
A post describing a massive data leak/exposure incorrectly identified CSAC as one of the entities whose data were exposed. CSAC informs this site that it was CSAC-EIA, a separate organization. DataBreaches.net apologizes to CSAC for the error and has corrected the post. In that same story, York Insurance Group was also incorrectly listed as an affected…
Russian Hacker Drinkman Pleads Guilty in Largest Data Breach
David Voreacos has an update to the case against Vladimir Drinkman: A Russian hacker pleaded guilty in the biggest data-breach case in U.S. history, admitting he helped steal 160 million credit-card numbers. Vladimir Drinkman, 34, said Tuesday in federal court in Camden, New Jersey, that he conspired with four other men to pillage credit card numbers…
U.S. judge certifies class action over Target Corp data breach
Joseph Ax reports: A U.S. judge on Tuesday certified a class action against Target Corp brought by several banks over the retailer’s massive data breach in 2013. Read more on Reuters.
Glidewell notifies employees after security incident
James R. Glidewell, Dental Ceramics, Inc. and its subsidiaries (“Glidewell”) are notifying employees of a security incident. According to a notification letter submitted to the California Attorney General’s Office, Glidewell learned that “an unauthorized individual may have taken certain documents and data maintained and/or owned by Glidewell, without Glidewell’s authorization.” The data theft occurred on February…
Police probe on 1MDB data theft can’t proceed without Justo, says IGP
Mayuri Mei Lin reports: Malaysia’s top policeman said Bukit Aman is still waiting for their Thai counterparts to respond to its request to record a statement from former PetroSaudi International (PSI) executive Xavier Andre Justo in connection to its investigation on an opposition lawmaker’s alleged offer to buy stolen data on 1Malaysia Development Berhad (1MDB)….