Catalin Cimpanu reports: Online betting company SBTech will have to place $30 million in escrow as insurance for covering the fallout from a suspected ransomware infection. The company agreed to do so as part of re-negotiated acquisition terms with Diamond Eagle Acquisition Corporation (DEAC), a blank-check company that acquired SBTech and rival platform DraftKings and…
Doctor’s Claims Against Employee Over Stolen Hard Drive Revived
Mary Anne Pazanowski reports: A Utah physician can proceed with several claims against a former employee who allegedly stole a computer hard drive containing patient information and used it to support a False Claims Act complaint against the physician, a federal court in the state said. Sherman Sorensen’s second amended complaint alleged enough facts to…
A Hacker’s Scheme is “Forthright;” Thus, No Computer Fraud Coverage for Ransomware Attacks
From the good-to-know dept., Timothy A. Carroll and Joshua A. Mooney of White and Williams LLP write: A computer hacker may engage in malicious and criminal conduct, but that doesn’t mean that the conduct is “fraudulent.” In G&G Oil Company v. Continental Western Ins. Co., 2020 Ind. App. LEXIS 126 (Ind. Ct. App. Mr. 31, 2020),…
115 million Pakistani mobile users data found up for sale on dark web
From Rewterz: Rewterz, a pioneer of specialized cybersecurity services in Pakistan, has discovered a data dump of 115 million Pakistani mobile users data that have shown up for sale on the dark web today. The cyber criminal behind this data breach is demanding 300 BTC ($2.1 million USD) for the data. This indicates that financially…
COVID-19 Exploited by Malicious Cyber Actors (Alert (AA20-099A)
Summary This is a joint alert from the United States Department of Homeland Security (DHS) Cybersecurity and Infrastructure Security Agency (CISA) and the United Kingdom’s National Cyber Security Centre (NCSC). This alert provides information on exploitation by cybercriminal and advanced persistent threat (APT) groups of the current coronavirus disease 2019 (COVID-19) global pandemic. It includes…
DoppelPaymer team leaks Boeing, Lockheed Martin, SpaceX, documents after Visser Precision refuses to pay
Shaun Nichols and Gareth Corfield report: Internal confidential documents belonging to some of the largest aerospace companies in the world have been stolen from an industrial contractor and leaked online. The data was pilfered and dumped on the internet by the criminals behind the DoppelPaymer Windows ransomware, in retaliation for an unpaid extortion demand. Read…