CCN reports: Earlier this month, major Japanese crypto exchange Zaif was hacked, losing $60 million worth of crypto in user funds. The Financial Services Agency (FSA), the main financial watchdog of Japan, has stated that it regrets allowing Zaif to continue its operation after the exchange was given two warnings to drastically improve its system….
Teen Apple Hacker Avoids Jail in Australia After Serious Attacks
David Stringer reports: An Australian teenager who hacked Apple Inc. systems over several months and downloaded sensitive data avoided a jail term Thursday, as a court heard he was fascinated by the tech giant and found accessing its networks addictive. The now adult defendant, who was 16 at the time the hacking began, accessed Apple’s…
Russian hackers ‘Fancy Bear’ now targeting governments with rootkit malware
Zack Whittaker reports: Security researchers say that they have found evidence that for the first time Russia-backed hackers are now using a more sophisticated type of malware to target government entities. ESET presented its case Thursday that the hacker group, known as Fancy Bear (or APT28), is using rootkit malware to target its victims. That…
Voya pays $1 million to settle SEC charges over 2016 cybersecurity breach
Ryan W. Neal reports: Voya Financial Advisors will pay $1 million to settle Securities and Exchange Commission charges regarding a data security breach that compromised the personal information of thousands of customers. An SEC order says that over a period of six days in April 2016, criminals impersonating independent advisers called the firm’s support line…
Chegg resets 40 million user passwords after data breach
Zack Whittaker reports: Chegg, a technology giant specializing in textbook rental, has confirmed a data breach affecting some 40 million customers. In a filing with the Securities and Exchange Commission, the company said it will reset all user passwords after hackers gained access to the company’s customer database. That database includes users for Chegg’s website…
Ogdensburg hospital terminates employees following breaches of patient information; says police not involved
Jimmy Lawton reports: Claxton-Hepburn Medical Center says “breaches of patient information were discovered” during a recent internal investigation, but employees who purposefully committed the acts have been terminated. CHMC spokeswoman Laura Shea said the hospital dealt with the breach immediately and took action required by the Health Insurance Portability and Accountability Act (HIPAA), which outlines…