Freya Noble reports: A Sydney teenager has pleaded guilty to two charges after trying to blackmail people caught up in the Optus data breach. Dennis Su, 19, texted 93 of the telco’s customers, demanding they transfer $2000 to a CBA bank account “or face their personal information being used for financial crimes”. Su downloaded the personal details from a website that…
Bug Bounties and Ransomware Demands: Storm Clouds Ahead for In-House Counsel
Michael Ward, Matthew Baker, and Jessica Wu of Baker Botts write about the conviction of Uber’s former security chief for felony violations of obstructing a Federal Trade Commission investigation and “misprision of felony” for failing to disclose a 2016 data breach. They then discuss issues for in-house counsel that the case raises, beginning with: Action…
U.S. Attorney Announces Historic $3.36 Billion Cryptocurrency Seizure And Conviction In Connection With Silk Road Dark Web Fraud
From the U.S. Attorney’s Office, Southern District of New York: In November 2021, Law Enforcement Seized Over 50,676 Bitcoin Hidden in Devices in Defendant JAMES ZHONG’s Home; ZHONG Has Now Pled Guilty to Unlawfully Obtaining that Bitcoin From the Silk Road Dark Web in 2012 Damian Williams, the United States Attorney for the Southern District…
New Research Says a Third of Australians Victims of Data Breaches
Phil Mercer reports: New research released Tuesday has found that a third of Australian adults have been victims of data breaches in the last year. Analysis by the Australian National University shows that cyberattacks are one of the fastest growing types of crime in the country. The survey of almost 3,500 Australian adults during October…
NL: Land Registry data leak: Protected addresses accessible for nearly a month
NL Times reports: A data leak at the Land Registry meant that protected residential addresses were visible and accessible between September 18 and October 11, the organization that manages real estate confirmed to the Volkskrant. According to the Land Registry, the leak occurred during a recent system update, and it notified the Dutch Data Protection Authority. The…
Maple Leaf Foods suffers outage following weekend cyberattack
Bill Toulas reports: Maple Leaf Foods confirmed on Sunday that it experienced a cybersecurity incident causing a system outage and disruption of operations. Maple Leaf Foods is Canada’s largest prepared meats and poultry food producer, operating 21 manufacturing facilities, employing 14,000 people, and contracting over 700 barns. In 2021, the firm generated $3.3 billion in…