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Cryptocurrency attack causes over US$97 million loss

Japan-based Liquid, a cryptocurrency exchange, has announced that it has suffered a hack and loss of funds. According to Elliptic’s analysis, just over US$97 million in cryptoassets have been received by the accounts identified by Liquid as belonging to the thief. This includes US$45 million in Ethereum tokens, which are currently being converted into Ether […]


T-Mobile investigating claim of data breach

T-Mobile has been investigating claims that have been made in regard to T-Mobile data potentially being illegally accessed. The leading telco company said that it takes the protection of its customers very seriously and is conducting an extensive analysis alongside digital forensic experts to understand the validity of the claims. It is also coordinating with law […]


Largest password collection posted online

The world’s largest password collection has been posted on a prominent hacker forum. The author claimed that the text file he provided contains 82 billion passwords, but tests show that the actual number of passwords is almost 10 times smaller at 8,459,060,239 unique entries. Martin Jartelius, CSO at Outpost24, commented: “This will be a good time […]


Fashion retailer, Guess, discloses data breach after ransomware attack

American fashion brand and retailer, Guess, is notifying affected customers of a data breach following a February ransomware attack that led to data theft. “A cybersecurity forensic firm was engaged to assist with the investigation and identified unauthorised access to Guess’ systems between February 2, 2021 and February 23, 2021,” the company said in breach […]


IKEA France apologises for infringing data privacy of staff

Leading retail giant, IKEA, has apologised for infringing the data privacy of its employees in France after it was fined €1 million. IKEA France said that the incident – where the retailer was found guilty of collecting staff members’ private data – ‘seriously undermined the values ​​and ethical standards of the company’. Following the incident, […]


McDonald’s targeted in data breach

Leading food service retailer, McDonald’s, has announced that it has been the target of a data breach. The event affected customer data from Korea and Taiwan, but its cyber defences meant that the breach was quickly identified and there was no interruption caused to business operations.  McDonald’s Corporation said in a statement: “McDonald’s understands the […]


NCSC warns of further ransomware attacks on UK education sector

The National Cyber Security Centre (NCSC) is responding to further ransomware attacks on the education sector by cybercriminals. The government body continues to respond to an increased number of ransomware attacks affecting education establishments in the UK, including schools, colleges and universities. On Wednesday June 2, 2021, The Skinners’ Kent Academy and Skinners’ Kent Primary […]


Chinese threat group used new cyber espionage weapon on south-east Asian government

Check Point Research (CPR) has identified and blocked an ongoing surveillance operation targeting a south-east Asian government. The attackers, believed to be a Chinese threat group by CPR, systematically sent weaponised documents – that impersonated other entities within the same government – to multiple members of the target government’s Ministry of Foreign Affairs. CPR suspects […]


FBI receives record-level of complaints for online scams

The FBI says that complaints concerning online scams and investment fraud have now reached a record-breaking level. The FBI’s Internet Crime Complaint Center (IC3) received its 6 millionth complaint on May 15, 2021. While it took close to seven years for the IC3 to register its first one million reports, it took only 14 months […]


Bose Corporation confirms data breach following ransomware attack

Bose Corporation (Bose) has disclosed a data breach following a ransomware attack that hit the company’s systems in early March. In a breach notification letter filed with New Hampshire’s Office of the Attorney General, the consumer electronics company said that it ‘experienced a sophisticated cyber-incident that resulted in the deployment of malware/ransomware across its ‘environment’. […]


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