Jessica Lyons Hardcastle reports: Public companies that suffer a computer crime likely to cause a “material” hit to an investor will soon face a four-day time limit to disclose the incident, according to rules approved today by the US Securities and Exchange Commission. The SEC proposed the changes last March, and on Wednesday the financial watchdog voted…
Category: Of Note
Leaking Someone’s Personal Data Will Cost You Up to $2 Million in Pakistan
ProPK reports: A fine which may extend to $2 million or an equivalent amount in Pakistani rupees would be levied on those who process or cause to be processed, disseminate, or disclose personal data in violation of any of the provisions of the “Personal Data Protection Bill, 2023”. The Ministry of Information, Technology and Telecommunication…
NL: Investigation into arms trade leads to suspected cybercriminal
July 24 — as seen on OM.nl: Analysis of residual information from an investigation into arms trade led to the arrest of a 21-year-old man from Amsterdam at the beginning of this month. The Public Prosecution Service suspects the man of, among other things, years of fraud, theft, computer trespass and money laundering. According to the Public…
In SEC Battle, Covington Ordered to Disclose Names of 7 Clients
Abigail Adcox reports: U.S. District Judge Amit Mehta of the District of Columbia has ruled that Covington & Burling must disclose to the U.S. Securities and Exchange Commission the names of seven clients whose information may have been exposed in a 2020 cyberattack that impacted the firm. “Covington shall produce to the Commission the names…
Umbreon Unplugged: Unraveling the Sequel to Failures
On June 23, DataBreaches published the first of a series of interviews with Pepijn Van der Stap, aka “Umbreon.” Van der Stap, 21, was arrested in January and remains in detention, awaiting trial on charges that include hacking, data exfiltration, extortion, sale of stolen data, and money laundering. At the end of the first article,…
Pointed to a phishing campaign targeting the healthcare sector, Microsoft leaps into action to … not even investigate?!
The relaxing Sunday I was looking forward to did not quite work out as planned. Dutch researcher and all-around good-guy Jelle Ursem (aka @SchizoDuckie) got in touch with me about what appeared to him to be a sketchy site allegedly by a well-known prescription management entity. After a few minutes of checking, there was no…