William Zheng reports: China’s customs authority has launched an internal investigation into an allegation that sensitive business data it had collected from Chinese car parts suppliers was obtained by a foreign company, according to three sources with knowledge of the matter. Customs data managers have also been told to review and step up security, they…
Chinese Hackers Steal Personal Data of Half of Taiwan’s Workforce, What Next?
Krishnendu Banerjee reports: Amid escalating tensions between China and Taiwan, Chinese hackers have allegedly stolen data of nearly six million Taiwanese. The largest data breach in the country’s history, Chinese hackers targeted a Taiwanese job bank and sold the data on the dark web as per authorities. […] During the search, authorities found an account…
Hacker Uploads Own Fingerprints To Crime Scene In Dumbest Cyber Attack Ever
Davey Winder reports: Max Heinemeyer, director of threat hunting at Darktrace, thought it would be interesting to look back at the seven years since launching its AI-powered cybersecurity solution. Look back through the lens of some of the weirdest attacks that the AI cyber-brain had identified that is. You know what, he was right. I’ve…
Was OFAC’s Advisory an October Surprise or More of the Same?
Lee A. Casey and Theodore J. Kobus III of BakerHostetler comment on the recent OFAC advisory that made a lot of headlines this past week. As I had pointed out in my preface to coverage of the advisory, it was footnoted that the advisory does not have the force of law or change any regulations…
Hackers Steal Swiss University Salaries
Fahad Shabbir reports: As yet unidentifed hackers have managed to steal employee salary payments at several Swiss universities, officials said Sunday. “According to our information, several top schools in Switzerland have been affected,” Martina Weiss, director general of the rectors group of Switzerland’s public universities, told AFP. The hackers used information obtained by phishing — tricking a person into passing on their personal…
Hackers Take Advantage of India’s Loose Data Privacy Laws
SiliconIndia reports: India has some of the loosest data policy laws on the planet. Hackers have seen these loose data privacy laws as the opening they need to steal data and sell it on the black market. Regulations are changing, but many experts that are seeing the importance of data protection feel that they are not moving…