Tech Ops Exec Pleads Guilty in $6m Fraud Case

Tech Ops Exec Pleads Guilty in $6m Fraud Case A senior vice-president at a global internet marketing firm has pleaded guilty to a wire fraud case in which he illegally paid $6m into an IT shell company. Hicham Kabbaj worked for over four years at affiliate marketing giant Rakuten Marketing, formerly known as Rakuten LinkShare and part of the Japanese multi-national …

Facebook Moves to Detect and Remove Deepfake Videos

Facebook Moves to Detect and Remove Deepfake Videos Facebook has announced plans to ban deepfake videos. In a blog post, Monika Bickert, the company’s vice-president for global policy management, acknowledged that “while these videos are still rare on the internet, they present a significant challenge for our industry and society as their use increases.” Bickert said that “misleading manipulated media” …

UK Probes London Stock Exchange Outage

UK Probes London Stock Exchange Outage UK government intelligence experts are investigating whether an ‘outage’ at the London Stock Exchange (LSE) last August may have been caused by a cyber-attack, it has emerged. People familiar with the matter told the Wall Street Journal that GCHQ’s inquiries focus around the August 16 incident, which was described by the LSE at the …

US Biz Closes Doors After Ransomware Attack

US Biz Closes Doors After Ransomware Attack A US fundraising firm has been forced to close its doors after more than 60 years in business following a crippling ransomware attack in October. The Heritage Company, based in Sherwood, Arkansas, let its 300 employees go just before Christmas, according to local reports. “Unfortunately, approximately two months ago our Heritage servers were attacked …

Imperva Appoints Pam Murphy as New CEO

Imperva Appoints Pam Murphy as New CEO Cybersecurity company Imperva today announced the appointment of Pam Murphy as CEO, effective immediately. Murphy will take over from interim CEO Charles Goodman, who will continue to serve as chairman of the board. Murphy brings a wealth of experience to her new role, having previously served as COO of Infor and operated across multiple …

Bronze President Spies on Asia

Bronze President Spies on Asia A cyber-espionage group dubbed Bronze President has been targeting countries in South and East Asia.  Researchers at Secureworks' Counter Threat Unit (CTU) have observed the group spying on the activities of political and law enforcement organizations and NGOs.  The threat group seems to have developed its own remote access tools, which it uses alongside publicly …

Lawsuit Filed Against LifeLabs Over Data Breach

Lawsuit Filed Against LifeLabs Over Data Breach A class-action lawsuit has been filed against a Canadian laboratory testing company following a cyber-attack in which the data of 15 million of its customers was accessed by criminals.  LifeLabs reported the data breach to government partners on October 28, 2019, but waited until December 17 to notify its customers.  Sensitive information exposed …

Austria’s Foreign Ministry Hit by Cyber-Attack

Austria's Foreign Ministry Hit by Cyber-Attack The Austrian government has been hit by a cyber-attack that could be the work of a rival foreign power.  The attack, which was leveled against the country's Foreign Ministry, began late on Saturday night. A spokesperson for the ministry described the incident as "serious" and said that experts had warned it could continue for …

US Braced for Cyber Retaliation from Iran

US Braced for Cyber Retaliation from Iran The US government has echoed concerns from the cybersecurity industry that Iranian state hackers could respond to the assassination of a top Tehran general with attacks on US critical infrastructure (CNI). Widely considered the second most powerful man in Iran, Qassem Suleimani was killed by a US drone strike in Baghdad on Friday. …

Japanese Love Hotel Site Breached

Japanese Love Hotel Site Breached A booking site for customers of Japanese “love hotels” has been hacked, raising fears over follow-on identity fraud and blackmail attempts. In a country known for its focus on convenience, love hotels are a popular feature in towns and cities, offering a place for amorous couples to bed down for a few hours or a …