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FEATURE

Justin Sun gives new ultimatum to Poloniex hackers, offers $10m bounty

News
1078 views 2 mins

As The Data Breach Times noted on November 12, the founder of the Poloniex cryptocurrency exchange offered to pay the thieves who stole an estimated $120 million from the exchange $5 million if they returned the rest of the funds. The hacker(s) didn’t respond at all. The government and ransomware experts repeatedly advise and urge […]

FEATURE

‘I employ a lot of hackers’: how a stock exchange chief deters cyber-attacks

Data Breach News
893 views 16 secs

The Guardian reports: Six Group counts its profit in millions, but the financial pipework it controls moves billions. Its operations, which include the Spanish and Swiss stock exchanges, count as critical national infrastructure and this gives it a close relationship with governments and regulators in Madrid and Zurich. Those relationships are critical in an age […]

FEATURE

9 million patients had data stolen after US medical transcription firm hacked

Data Breach News
981 views 2 secs

Breaches at third-party vendors or business associates continue to compromise millions of patients’ information in 2023. TechCrunch reports: Close to nine million patients had highly sensitive personal and health information stolen during a cyberattack on a U.S. medical transcription service earlier this year, representing one of the worst medical-related data breaches in recent times. The […]

FEATURE

And Then There Were Three: Two More Financial Firms Attacked by LockBit3.0

Data Breach News
1023 views 49 secs

Bloomberg reports: The criminal ransomware gang behind the recent attack on the Industrial & Commercial Bank of China Ltd. has claimed responsibility for two more hacks on US financial firms. The Lockbit gang added the Chicago Trading Company and Alphadyne Asset Management this week to a list of victims on its darkweb page. The gang has given them deadlines to make […]

FEATURE

Morgan Stanley agrees to pay $6.5 million to settle charges by six states over two data security incidents

News
1073 views 3 mins

TALLAHASSEE, Fla.—Attorney General Ashley Moody, along with five other attorneys general, secured a $6.5 million agreement with Morgan Stanley Smith Barney LLC, also known as Morgan Stanley. The action comes after an investigation found that Morgan Stanley compromised the personal information of its customers due to negligent internal data-security practices. Morgan Stanley potentially exposed millions […]

FEATURE

Official City of Long Beach Statement Regarding a Network Security Incident Targeting City Systems

Data Breach News
896 views 3 mins

Local governments continue to fall prey to cyberattacks. Yesterday, the City of Long Beach, California issued an official Statement Regarding a Network Security Incident Targeting City Systems: On Nov. 14, 2023, the City of Long Beach learned that it was subject to a potential cybersecurity incident. The City’s Department of Technology and Innovation immediately initiated […]

FEATURE

Samsung says hackers accessed customer data during year-long breach

Data Breach News
933 views 45 secs

TechCrunch reports: Samsung has admitted that hackers accessed the personal data of U.K.-based customers during a year-long breach of its systems. In a statement to TechCrunch, Samsung spokesperson Chelsea Simpson, representing the company via a third-party agency, said Samsung was “recently alerted to a security incident” that “resulted in certain contact information of some Samsung […]

FEATURE

A ransomware gang files an SEC complaint against its victim for not reporting the breach to the SEC within 4 days

Legal News
572 views 3 mins

“They did WHAT??” Ransomware gangs will often test ways to pressure victims to pay. But today, threat actors associated with the AlphV (BlackCat) group tested a new approach that is raising eyebrows in the cybersecurity community. When a victim, MeridianLink, didn’t pay them quickly and didn’t even start to negotiate any payment with them, AlphV […]