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Category: Business Sector

Kr: PIPC Sanctions LG U+ Telecom, Imposes Administrative Penalty of $5.3 Million for Breach Along with Corrective Orders

Posted on July 15, 2023 by Dissent

Press Release July 12, 2023 (This is an unofficial translation of a press release, originally prepared in Korean.) On July 12, the Personal Information Protection Commission (PIPC) held a plenary meeting and reached a decision to impose an administrative penalty of KRW 6.8 billion (USD 5.3 million) and an administrative fine of KRW 27 million…

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Payroll Services Provider UKG Agrees to $6 Million Settlement in Data-Breach Lawsuit

Posted on July 15, 2023 by Dissent

James Rundle reports: Payroll services provider UKG has agreed to settle a class-action lawsuit stemming from a cyberattack in 2021, capping a significant piece of litigation that emerged from the incident. A ransomware strike in December 2021 forced parts of UKG’s Kronos Private Cloud product offline, disrupting software that tracked employee hours during the Christmas holiday period….

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FTC investigates OpenAI over data leak and ChatGPT’s inaccuracy

Posted on July 13, 2023 by Dissent

Cat Zakrzewski reports: The Federal Trade Commission has opened an expansive investigation into OpenAI, probing whether the maker of the popular ChatGPT bot has run afoul of consumer protection laws by putting personal reputations and data at risk. The agency this week sent the San Francisco company a 20-page demand for records about how it…

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Two Teens Accused of Masterminding Hacks on Grand Theft Auto and Uber

Posted on July 12, 2023 by Dissent

Katharine Gemmell reports: Two UK teenagers were accused of being key members of the notorious hacking group Lapsus$, with prosecutors alleging that the pair were involved in hacks on companies including Nvidia Corp., Rockstar Games Inc., and Uber Technologies Inc. Arion Kurtaj, 18, and a 17-year-old boy, who can’t be named for legal reasons, were hit with joint…

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UK: Man jailed for more than three years for attempting to extort money from the company he worked for

Posted on July 12, 2023 by Dissent

Here’s your reminder today of the insider threat, from the South East Organised Regional Crime Unit. This case was previously noted by BleepingComputer. A 28-year-old man who tried to extort money from the company he worked for has been jailed for three years and seven months. At Reading Crown Court today (11/7) Ashley Liles, of…

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Australian infrastructure company Ventia hit with cyberattack

Posted on July 12, 2023 by Dissent

Jonathan Greig reports: The Australian infrastructure services provider Ventia is dealing with a cyberattack that began this weekend. On Saturday, the company said it identified a cyber intrusion and took some “key systems” offline to contain the incident. It did not respond to requests for comment about whether it is a ransomware attack, but taking…

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